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617-817-4782
Real Estate Company
1228-1242 Commercial Street, Weymouth, MA 02189
- $2,650,000
- 16
- BD
- 14
- BA
- 8,243
- SqFt
- List Price
- $2,650,000
- Status
- NEW
- MLS#
- 73596045
- Bedrooms
- 16
- Bathrooms
- 14
- Full Baths
- 13
- Half Baths
- 1
- Living Area
- 8,243
- Lot Size (Acres)
- 0.2
- Year Built
- 1868
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.
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Additional Information
- Taxes
- $26,457
- Parking Description
- Off Street
- Lot Description
- Other
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Tony Pepdjonovic from Listing Office: Marcus & Millichap Real Estate Investment Services.
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