32-34 Walnut St Belmont — Photo 1 of 1
$1,599,000
Investment Analysis — 32-34 Walnut St
Belmont, MA 02478
Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 02478 carries an estimated $6,140/mo in gross rent — about a 2.67% cap rate and $42,739/yr in estimated NOI at the $1,599,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,672
Style
Multi Family
Built
1925
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.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: John T. Gosselin
Listing Office: Center Square Realty
MLS® Number: 73578500
