HomeWaltham2 Family - 2 Units Up/Down32 Vernon St, Waltham MA 02453
32 Vernon St, Waltham MA 02453 — photo 1 of 331 / 33
$1,050,000
32 Vernon St, Waltham MA 02453
2 units · 4 bd · 2 ba · 2,396 sqft · $525,000/unit
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INVESTMENT SNAPSHOT

Signal Score73 / 100
Est. Cap Rate4.0%
GRM16.2
Gross Scheduled Income$64,815/yr
Estimates from area median rents — directional, not an appraisal.

About this property

Large Two-family in a great location close to I95, Market Basket, short walk to Main Street Market Place stores and restaurants. Impressive off-street parking can accommodate 4-6 cars. First floor unit boasts large kitchen (12x12'), dining room (13x18'), living room (14x17'), 2 bedrooms and 18x6' covered porch. Upstairs apartment is comfortable with 2 bedrooms, cozy kitchen, living room and walk-up attic. Both apartments have newer gas heating systems. First floor apt. is serviced by a high-tech gas tankless system. Property also has a lawn irrigation system and outdoor 8x10' utility shed. All utilities are separate. The second floor apartment is de-leaded (Certificate and Report attached to Listing). Both units are in good condition but need updating. Exterior is maintenance free vinyl. Roof est 15-25 years old. Third Floor walk-up perfect space to possibly add third Apartment (ADU subject to City permitting).

Property details

Units2
Living area2,396 sqft
Lot size6,704 sqft
Year built1900
Price / sqft$438
CountyMiddlesex
MLS #73481459

Listing status

Days on market91 days
Listed onMarch 2, 2026

Taxes & financials

Annual property tax$8,953
Tax year2025
Assessed value$911,700
Zoning1
Total actual rent$0/mo

Building & lot

Stories2
Total rooms9
Lot size0.15 acres
Garage spaces0
Parking spaces6
ParkingPaved Drive, Off Street, Paved
BasementFull, Bulkhead, Unfinished
FoundationStone
RoofShingle
ConstructionBrick, Stone
FlooringVinyl, Carpet, Hardwood

Utilities & systems

HeatingNatural Gas
CoolingNone
SewerPublic Sewer
WaterPublic
Utilitiesfor Electric Range, for Electric Oven, Washer Hookup
AppliancesRange, Refrigerator, Washer, Dryer

Location

More about investing in Waltham

Listing courtesy of Marchese Realty Group — Gary J. Marchese. Listing data © MLS PIN.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 32 Vernon St, Waltham MA 02453 have?

It is a 2-unit multi-family property with 2,396 sqft of living area, built in 1900.

How long has 32 Vernon St, Waltham MA 02453 been on the market?

32 Vernon St, Waltham MA 02453 has been listed for 91 days (since March 2, 2026).

What is the estimated cap rate on this 2-family in Waltham?

Based on area median rents, the estimated cap rate is about 4.0%, with a Signal Score of 73/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $1,050,000 across 2 units, that works out to roughly $525,000 per unit.

What are the property taxes on 32 Vernon St, Waltham MA 02453?

Annual property taxes are $8,953 (2025), on an assessed value of $911,700.

What is the price per square foot?

At $1,050,000 for 2,396 sqft, that's about $438 per square foot.

Is there parking?

6 total parking spaces (paved drive, off street, paved).

Where is this property located?

32 Vernon St, Waltham MA 02453 is in Waltham, Middlesex County, MA 02453.

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