Multi Family at 32-34 Walnut St, Belmont MA 02478, Belmont
1 photo

$1,599,000

32-34 Walnut St, Belmont MA 02478
Belmont, MA 02478
Listed by John T. Gosselin
Bedrooms
4
Bathrooms
2
Living area
2,672 sqft
Year built
1925

About this home

Rare opportunity to own a well-located 2-family in Belmont's desirable Waverly neighborhood. Built in 1925, 32-34 Walnut Street offers 2 spacious 2 BR, 1 Bath residences with approximately 2,672 square fee of total living area on a 7,850 square foot lot. Both units are currently occupied and generate combined rents of $5100 per month with meaningful potential for future rental growth. An attractive opportunity for an investor, owner-occupant or buyer seeking a flexible multigenerational property. Convenient to Waverly Square, public transportation, neighborhood shopping, restaurants, parks, Cambridge and Boston. A substantial Belmont asset with enduring income and appreciation potential.

Property details

MLS #
73578500
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
22
On market date
September 16, 2026
Stories
2
Total bathrooms
2
Garage spaces
N/A
Parking spaces
3
Lot size
0.18 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Daniel Butler
0.26 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
332
Student:teacher ratio
14.4:1
District
Belmont
Middle
Winthrop L Chenery Middle
0.68 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,362
Student:teacher ratio
15.8:1
District
Belmont
High
Watertown High
1.02 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
705
Student:teacher ratio
9.5:1
District
Watertown

Walkability

Blended score for Belmont's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

89
Highly walkable
out of 100
EPA National Walkability Index
16.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores5
Parks18
Schools20
Transit stops20
Pharmacies6

Market position

How this listing compares to current activity in Belmont, from live MLS data.

On the market 22 days -- 66 fewer days than Belmont's current average of 88 days.
For reference, the median list price across 206 active listings in Belmont right now is $826,950.

Mortgage calculator

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Est. monthly payment
$9,779/mo
$319,800 down
$1,279,200 loan
Principal & interest$8,297
Property tax (est.)$1,333
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 18 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.