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INVESTMENT SNAPSHOT
About this property
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
| Units | 9 |
| Living area | 8,243 sqft |
| Lot size | 8,712 sqft |
| Year built | 1868 |
| Price / sqft | $321 |
| County | Norfolk |
| MLS # | 73596045 |
Listing status
| Days on market | 0 days |
| Listed on | October 28, 2026 |
Taxes & financials
| Annual property tax | $26,457 |
| Tax year | 2026 |
| Assessed value | $2,589,500 |
| Zoning | M-2 |
| Gross income (actual) | $205,200/yr |
| Net operating income (actual) | $142,001/yr |
| Total actual rent | $17,100/mo |
Building & lot
| Stories | 4 |
| Total rooms | 26 |
| Lot size | 0.2 acres |
| Garage spaces | 0 |
| Parking spaces | 10 |
| Parking | Off Street |
| Basement | Full, Unfinished |
| Foundation | Concrete Perimeter, Stone, Slab |
| Roof | Shingle, Rubber |
| Construction | Frame |
| Flooring | Wood |
Utilities & systems
| Heating | Forced Air, Natural Gas, Ductless |
| Cooling | Central Air, Ductless |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Freezer |
Location
More about investing in Weymouth →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 1228-1242 Commercial Street, Weymouth MA 02189 have?
It is a 9-unit multi-family property with 8,243 sqft of living area, built in 1868.
How long has 1228-1242 Commercial Street, Weymouth MA 02189 been on the market?
1228-1242 Commercial Street, Weymouth MA 02189 has been listed for 0 days (since October 28, 2026).
What is the price per unit?
At a list price of $2,650,000 across 9 units, that works out to roughly $294,444 per unit.
What are the property taxes on 1228-1242 Commercial Street, Weymouth MA 02189?
Annual property taxes are $26,457 (2026), on an assessed value of $2,589,500.
What is the price per square foot?
At $2,650,000 for 8,243 sqft, that's about $321 per square foot.
Is there parking?
10 total parking spaces (off street).
Where is this property located?
1228-1242 Commercial Street, Weymouth MA 02189 is in Weymouth, Norfolk County, MA 02189.
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