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INVESTMENT SNAPSHOT
About this property
A Unique property with a Contemporary Colonial-style addition in 1990 and one of the original homes of Indian Rock, by Hawks Pond on the west side of Route 1. The property expanded with a Pristine Single-Family Contemporary Colonial attached to an older portion built early 1900s, recently renovated located on a .98 acre lot.The main house features an open-concept living room, dining room, and kitchen, with two sliding glass doors leading to a large deck. Off the kitchen opens to a patio garden with a screened-in-area, a Koi pond & fountain. The main level includes a bedroom, full bath, and office (plumbed for W/D). Upstairs, the main bedroom with ensuite bathroom, two additional large bedrooms, a smaller bedroom and a full bath. The bottom level has comfortable family room with a wood-burning fireplace and a slider to parking and landscaped yard, leading down to a cleared lot with a 40-foot shed for ample storage. Interested parties perform their own due diligence.
Property details
| Units | 2 |
| Living area | 6,242 sqft |
| Lot size | 42,824 sqft |
| Year built | 1800 |
| Price / sqft | $248 |
| County | Essex |
| MLS # | 73429335 |
Listing status
| Days on market | 124 days |
| Listed on | September 11, 2025 |
Taxes & financials
| Annual property tax | $10,445 |
| Tax year | 2025 |
| Assessed value | $978,000 |
| Zoning | NA |
| Gross income (actual) | $61,200/yr |
| Net operating income (actual) | $61,200/yr |
| Total actual rent | $3,100/mo |
Building & lot
| Stories | 5 |
| Total rooms | 15 |
| Lot size | 0.98 acres |
| Garage spaces | 0 |
| Parking spaces | 8 |
| Parking | Paved Drive, Off Street |
| Basement | Partial, Finished, Walk-Out Access |
| Foundation | Concrete Perimeter, Block, Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Hardwood |
Utilities & systems
| Heating | Baseboard, Natural Gas |
| Cooling | Central Air |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Range |
| Appliances | Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer |
Location
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Listing courtesy of Charlesgate Realty Group LLC — Emma D'Angelo. 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 51 Walnut St, Saugus MA 01906 have?
It is a 2-unit multi-family property with 6,242 sqft of living area, built in 1800.
How long has 51 Walnut St, Saugus MA 01906 been on the market?
51 Walnut St, Saugus MA 01906 has been listed for 124 days (since September 11, 2025).
What is the estimated cap rate on this 2-family in Saugus?
Based on area median rents, the estimated cap rate is about 2.3%, with a Signal Score of 50/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,549,000 across 2 units, that works out to roughly $774,500 per unit.
What are the property taxes on 51 Walnut St, Saugus MA 01906?
Annual property taxes are $10,445 (2025), on an assessed value of $978,000.
What is the price per square foot?
At $1,549,000 for 6,242 sqft, that's about $248 per square foot.
Is there parking?
8 total parking spaces (paved drive, off street).
Where is this property located?
51 Walnut St, Saugus MA 01906 is in Saugus, Essex County, MA 01906.
