1228-1242 Commercial Street, Weymouth MA 02189

Weymouth, MA 02189
$2,650,000
Est. $15,805/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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16
Beds
13.5
Baths
8,243
Sq Ft
$321
Price/Sq Ft
0.20
Acres
1868
Year Built
10
Parking
New today
Time on Market
For Sale Listed Oct 28, 2026 • MLS# 73596045 Copied! • Updated Oct 28, 2026

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About this home

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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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 28, 2026
$2,650,000
Original listing
Agent: Tony Pepdjonovic Office: Marcus & Millichap Real Estate Investment Services

Tax History

Year Taxes Assessment
2026 $26,457 $2,589,500

Financial Details

Annual Property Tax
$26,457
Tax Year 2026
Assessed Value
$2,589,500

Facts & Features

Central AC

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1868
Living Area 8,243 sq ft
Lot Size 0.20 acres
Stories 4
Bedrooms 16
Full Baths 13
Half Baths 1
Total Rooms 26

Investment Metrics

Units 9
Unit 1 Rent $2,350/mo · N
Unit 2 Rent $2,150/mo · N
Unit 3 Rent $2,000/mo · N
Unit 4 Rent $1,800/mo · N
Total Monthly Rent $8,300/mo
Gross Income $205,200
Net Operating Income $142,001
Operating Expenses $63,199
Cap Rate 5.36%
Heating Forced Air, Natural Gas, Ductless
Cooling Central Air, Ductless
Flooring Wood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Freezer
Fireplace None
Basement Full, Unfinished
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle, Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck - Wood
Features Off Street
Total Spaces 10
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $26,457
Assessed Value $2,589,500
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Norfolk

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1868
Bedrooms
16
Full Bathrooms
13
Half Bathrooms
1
Living Area
8,243 sq ft
Total Rooms
26
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring: Wood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Freezer
Interior Features:
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1868
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation: Concrete Perimeter, Stone, Slab
Stories: 4

Utilities & Systems

Heating: Forced Air, Natural Gas, Ductless
Cooling: Central Air, Ductless
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Deck - Wood
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Total Parking Spaces: 10
Parking Features: Off Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $2,205
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

1228-1242 Commercial Street, Weymouth MA 02189

Weymouth, MA 02189

Listing Information

Listing Agent Tony Pepdjonovic
Listing Office Marcus & Millichap Real Estate Investment Services
Office Phone 617-896-7200
Agent MLS ID CN212672
Office MLS ID AN1252
Listing Data Updated Oct 28, 2026 1:06 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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