Two-Unit Multifamily
For Sale
$415,000
126 Lakehurst Avenue, Weymouth, MA 02189
Two-unit multifamily with a full basement and off-street parking for at least three vehicles.
Property Size1,980 SF
Price / SF$209.60
Days on Market87
Property Features for 126 Lakehurst Avenue
General Information
Standard status
Active
Size
1,980 SF
Total Parking Spaces
3
Property subtype
Multi-family
Additional Details
Multifamily Units
2
Amenities
enclosed porch
full basement
side yard
Building Details
Year Built
1923
Stories
2
Tenancy
Multi
Listing Agency:
Davis Owen Real Estate,LLC
Listed By:
Davis Owen
(617) 420-9033
Source:
Sredboston
Added: May 6
Changed: Jul 28
Last Checked: Jul 30 at 5:40PM
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 multifamily property offers a total of three bedrooms and two full bathrooms. The first-floor unit includes one bedroom, one full bathroom, and an enclosed porch. The second-floor unit features two bedrooms and one full bathroom. The home also includes a full basement for storage and off-street parking for at least three vehicles.
Set on a nice lot with a great side yard that provides functional outdoor space. The property is conveniently located near Whitman’s Pond, local golf courses, restaurants, shopping, and other area amenities.
Overall, the layout supports separate living spaces within a duplex configuration, with practical added utility from the basement and parking.
Set on a nice lot with a great side yard that provides functional outdoor space. The property is conveniently located near Whitman’s Pond, local golf courses, restaurants, shopping, and other area amenities.
Overall, the layout supports separate living spaces within a duplex configuration, with practical added utility from the basement and parking.
Key Highlights
- Two‑unit multifamily built in 1923 with approx. 1,980 sq ft of living space
- 1st‑floor unit: 1 bedroom, 1 full bathroom, and an enclosed porch
- 2nd‑floor unit: 2 bedrooms and 1 full bathroom
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
NOI $35,469 @ 7.0% cap · market cap 8.55%
Second Best
Apartment 5plus
$467.5K
$409.1K – $545.4K
NOI $32,726 @ 7.0% cap · market cap 7.89%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,051 @ 7.0% cap · market cap 19.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,010
Businesses Nearby
Explore this area
Business Placement
Demographics for 02189, MA
15,123
Population
6,689
Households
2.3
Avg Household Size
41
Median Age
41%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
3,781
Density / Sq Mi
$91,842
Median Household Income
$53,785
Median Earnings
$1,732
Median Rent
$463,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit multifamily with a full basement and off-street parking for at least three vehicles.
Where is this duplex located?
The property is located at 126 Lakehurst Avenue Weymouth, MA.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Two‑unit multifamily built in 1923 with approx. 1,980 sq ft of living space; 1st‑floor unit: 1 bedroom, 1 full bathroom, and an enclosed porch; 2nd‑floor unit: 2 bedrooms and 1 full bathroom
