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20 Lake Street, Weymouth MA 02189 - Preview 1 20 Lake Street, Weymouth MA 02189 - Preview 2 20 Lake Street, Weymouth MA 02189 - Preview 3 20 Lake Street, Weymouth MA 02189 - Preview 4 20 Lake Street, Weymouth MA 02189 - Preview 5
20 Lake Street, Weymouth MA 02189 - Preview 1 20 Lake Street, Weymouth MA 02189 - Preview 2 20 Lake Street, Weymouth MA 02189 - Preview 3 20 Lake Street, Weymouth MA 02189 - Preview 4 20 Lake Street, Weymouth MA 02189 - Preview 5

20 Lake Street, Weymouth MA 02189

Weymouth, MA 02189
$890,000
Est. $5,270/month
6
Beds
3.5
Baths
2,856
Sq Ft
$312
Price/Sq Ft
0.16
Acres
1848
Year Built
2
Garage Spaces
3 Family - 3 Units Side by Side
Type
32
Days on Market
Active Listed Jun 15, 2026 • MLS# 73535940 Copied! • Updated Jul 17, 2026

About this home

Developer's dream: multi family, multi-unit triplex, huge lot in a neighborhood with rapidly and consistently appreciating property values. Unlock the potential of this unique east Weymouth triplex. Whether you're looking to expand your multi family portfolio, execute a high value-add renovation or secure a long-term asset in a high demand rental market, this property offers the scale, location and upside investors seek. High rental demand property, being a 10 minute walk to the red line, 4 Minute walk to the bus routes with bustling nearby shopping and quality local restaurants.20-24 Lake Street represents an opportunity to create immediate and long-term value in one of the South Shore's most established neighborhoods.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

🔧
Property Type Updated
Jul 17, 2026
Single Family Residence → 3 Family - 3 Units Side by Side
🏠
Listed for Sale
Jun 15, 2026
$890,000
Original listing

Tax History

Year Taxes Assessment
2025 $6,838 $677,000

Financial Details

Annual Property Tax
$6,838
Tax Year 2025
Assessed Value
$677,000

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 3 Family - 3 Units Side by Side
Year Built 1848
Living Area 2,856 sq ft
Lot Size 0.16 acres
Bedrooms 6
Full Baths 3
Half Baths 1
Total Rooms 17

Investment Metrics

Units 3
Unit 1 Rent $2,500/mo · N
Unit 2 Rent $1,500/mo · N
Unit 3 Rent $2,000/mo · N
Total Monthly Rent $6,000/mo
Gross Income $72,000
Net Operating Income $72,000
Cap Rate 8.09%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 2
Has Garage Yes
Features None
Total Spaces 8
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,838
Assessed Value $677,000
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Owner
Documents None
County Norfolk
Total market time (incl. prior listings) 32 days

Property Overview

Property Type
3 Family - 3 Units Side by Side
Listing Type
For Sale
Year Built
1848
Bedrooms
6
Full Bathrooms
3
Half Bathrooms
1
Living Area
2,856 sq ft
Total Rooms
17
Stories
6
Levels
6

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1848
Structure Type:
Exterior Materials:
Roof:
Foundation: Irregular
Stories: 6

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 8
Parking Features:
School District
Weymouth School District local
B-
🎓 Where Graduates Go Class of 2021
61% attend college
50% 4-Year 11% 2-Year 17% Out of State 4% Working
✓ School Safety 2024-25
1.8% Average
1.8% Suspensions 2.0% In-School
↓ 3.7% below state avg
E

Elementary Schools

3 schools
B
Lawrence W Pingree School
0.3 mi | #400 of 824 | Score: 47.8
Dropped 134 spots from last year
-10.4 below state avg
266 students Moderate
Grades K-05
Weymouth Early Childhood Center
0.8 mi
222 students Diverse
Diverse Student Body
Grades PK
B-
Academy Avenue School
0.9 mi | #445 of 824 | Score: 46.2
Dropped 77 spots from last year
-12 below state avg
357 students Diverse
Grades K-05
M

Middle Schools

3 schools
B
Maria Weston Chapman Middle School
0.6 mi | #177 of 352 | Score: 42.3
Improved 6 spots from last year
-15.9 below state avg
1,187 students Diverse
Grades 06-08
A
Hingham Middle School
3.0 mi | #38 of 352 | Score: 58.7
Dropped 23 spots from last year
+0.4 above state avg
798 students Less Diverse
Grades 06-08
B+
East Middle School
3.2 mi | #139 of 352 | Score: 45.2
Dropped 15 spots from last year
-13 below state avg
999 students Diverse
Diverse Student Body
Grades 05-08
H

High Schools

3 schools
B
Weymouth High School
2.4 mi | #172 of 346 | Score: 53.5
Dropped 6 spots from last year
-4.7 below state avg
1,679 students Diverse
18 sports • 1,876 athletes
Strong AP Program Career Tech Programs Strong Athletics
Grades 09-12
Fusion Academy Hingham
2.5 mi
Grades 06-12
A+
Hingham High School
2.7 mi | #29 of 346 | Score: 71.1
Dropped 9 spots from last year
+12.9 above state avg
1,066 students Less Diverse
20 sports • 2,536 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
%
Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $570
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

-0.5% Rate
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Current Rate
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+0.5% Rate
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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

20 Lake Street, Weymouth MA 02189

Weymouth, MA 02189

Listing Information

Listing Agent Douglas T. Babcock
Listing Office Law Offices of Douglas T. Babcock
Office Phone 617-571-5465
Agent MLS ID CN263538
Office MLS ID AN9701
Listing Data Updated Jul 17, 2026 10:35 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate
BMN Boston Real Estate
Douglas Elliman
(617) 800 - 9008 contact@bmnboston.com
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