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Two-Unit Residential Income Property

126 Lakehurst Ave Weymouth, MA 02189

126 Lakehurst Ave, Weymouth, MA, 02189
$436,500
For Sale
$436,500

Two-unit multifamily with 3 total bedrooms, 2 full baths, a full basement, and off-street parking for at least three vehicles.

Property Size1,980 SF
Price / SF$220.45
Days on Market70

Property Features for 126 Lakehurst Ave

General Information

Standard status
Active
Size
1,980 SF
Property subtype
Multi-Family

Building Details

Year Built
1923
Listing agency Davis Owen Real Estate, LLC
Listed by Davis Owen
Source Cjbarrett
Added: May 13 Updated: Jul 21 at 3:24PM Checked: Jul 21 at 3:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Davis Owen Real Estate, LLC


Investment Insights

Based on property information with market context.

This two-unit residential income property offers a total of 3 bedrooms and 2 full bathrooms with approximately 1,980 square feet of living space. The first-floor unit includes 1 bedroom, 1 full bathroom, and an enclosed porch. The second-floor unit features 2 bedrooms and 1 full bathroom. A full basement provides additional storage, and the property also includes off-street parking for at least three vehicles.

The home is situated on a nice lot with a great side yard that adds functional outdoor space. It is conveniently located near Whitmans Pond and within reach of local golf courses, restaurants, shopping, and other area amenities.

Each unit offers its own bedroom and bath configuration, making the layout straightforward for an owner-occupant or an investor seeking a duplex-style setup.

Key Highlights

  • Two‑unit multifamily built in 1923 with approx. 1,980 SF of living space
  • 3 total bedrooms and 2 full bathrooms across the two units
  • First‑floor unit: 1 bedroom, 1 full bathroom, and an enclosed porch

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $53.5k $27.00
− Vacancy −$2.8k −$1.41
EGI $50.7k $25.59
− OpEx −$15.2k −$7.68
NOI $35.5k $17.91
1,980 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$506.7K
$443.4K – $591.2K (±1% cap)
NOI $35,469 @ 7.0% cap · market cap 8.13%
Second Best
Apartment 5plus
$467.5K
$409.1K – $545.4K (±1% cap)
NOI $32,726 @ 7.0% cap · market cap 7.50%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M (±1% cap)
NOI $82,051 @ 7.0% cap · market cap 18.80%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Cafe & Coffee Shop Auto Parts Store Law Firm Bakery (Bike/Boat/Book/etc) Store Nail Salon Barber Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit multifamily with 3 total bedrooms, 2 full baths, a full basement, and off-street parking for at least three vehicles.
Where is this duplex located?
The property is located at 126 Lakehurst Ave Weymouth, MA.
What is the asking price?
The asking price for this property is $436,500.
What are key features of this property?
This property features: Two‑unit multifamily built in 1923 with approx. 1,980 SF of living space; 3 total bedrooms and 2 full bathrooms across the two units; First‑floor unit: 1 bedroom, 1 full bathroom, and an enclosed porch
Contact an agent
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