1228-1242 Commercial Street, Weymouth, MA 02189
1228-1242 Commercial Street, Weymouth, MA 02189
1228-1242 Commercial Street, Weymouth, MA 02189
1228-1242 Commercial Street, Weymouth, MA 02189
1228-1242 Commercial Street, Weymouth, MA 02189
1228-1242 Commercial Street, Weymouth, MA 02189
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$ 2,650,000
Est. payment | /mo

16 Beds

13.5 Baths

8,243 SqFt


Save
$ 2,650,000
Est. payment | /mo
Save

16 Beds

13.5 Baths

8,243 SqFt

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,243 sqft

Price per Sqft $321

MLS Listing ID 73596045

Bedrooms 16

Full Baths 13

Half Baths 1

Year Built 1868

Annual Tax Amount $26,457

Tax Year 2026

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type 5-9 Family

Property Description

1228-1242 Commercial Street is a 9-unit multifamily opportunity in East Weymouth comprised of a 6-unit and 3-unit property one tax parcel. The properties were extensively renovated and feature custom cabinetry, high-end appliance packages, modern bathrooms, updated flooring, recess lighting, central air-conditioning, in-unit laundry. The 6-unit was renovated to the studs and is fully sprinklered. The property is improved by a 0.2 acre lot that accommodates up to 10 vehicles. This is a great transit-oriented location convenient to the public bus and walking distance to the MBTA Commuter Rail. All the tenants are on at-will basis considerably below market for the quality of the units allowing an investor flexibility to improve rents upon purchase. Jackson Square continues to rapidly develop which bodes well for future property and rent appreciation.

Location

State MA

County Norfolk

Zoning M-2

Direction GPS

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Natural Gas, Ductless

Cooling Central Air, Ductless

Flooring Wood

Appliance Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Freezer

Exterior

Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, Public School, T-Station

Utilities Available for Gas Range

Roof Type Shingle,Rubber

Total Parking Spaces 10

Garage No

Building

Lot Description Other

Story 4

Foundation Concrete Perimeter, Stone, Slab

Sewer Public Sewer

Water Public

Others

Senior Community false

MLSPIN
Listed by Marcus & Millichap Real Estate Investment Services

NEARBY SCHOOLS & PROPERTIES

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Carol Beatrice
Carol Beatrice

Broker License ID: 9511478

+1(781) 929-1010

491 Maple Street, Suite 105, Danvers, MA 01923, United States

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1228-1242 Commercial Street