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$2,650,000
Total Beds: 16 Total Baths: 14
Total Units: 9 SQFT: 8243
LOT size: 0.20 Acres
1228-1242 Commercial Street
Weymouth, MA 02189
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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.

Property Details

Building Information

  • Total Units: 9
  • Total Floors: 4
  • Total Bedrooms: 16
  • Total Full Baths: 13
  • Total Half Baths: 1
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, Tennis Court, Walk/Jog Trails
  • Basement Features: Full, Unfinished Basement
  • Common Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Common Heating: Ductless Mini-Split System, Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 205200
  • Gross Expenses: 63199
  • Net Operating Income: 142001

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1868
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Poured Concrete, Slab
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73596045
  • Last Updated: 11/01/26

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Map

Seller's Representative: Tony Pepdjonovic, Marcus & Millichap Real Estate Investment Services
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-11-01 03:19:00