Renovated Multi-Family
For Sale
$1,099,999
136 Commonwealth Rd, Wayland, MA 01778
Multi-family residence with renovated units on a large lot.
Property Size3,300 SF
Price / SF$333.33
Days on Market321
Property Features for 136 Commonwealth Rd
General Information
Standard status
Active
Size
3,300 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Zoning
R20
Taxes and HOA fees
Annual Taxes
$11,776
Building Details
Building Size
3,300 SF
Year Built
1849
Stories
4
Listing Agency:
Coldwell Banker Realty - Wellesley
(781) 237-9090
Listed By:
John McHugh Real Estate Group
(978) 902-5646
Source:
Churchillprop
Added: Nov 19, 2025
Changed: Oct 1
Last Checked: Oct 5 at 5:11PM
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 Coldwell Banker Realty - Wellesley
Investment Insights
Based on property information with market context.
Located in Wayland, Massachusetts, 136 Commonwealth Road is a multi-family residence situated on a 0.5-acre lot. The property features two units and offers 5000 square feet of living area. The residence has been fully renovated and includes two full bathrooms. Both units are currently occupied by tenants at will, making this an income-generating property and an investment opportunity.
Key Highlights
- Fully renovated two‑family home offering a blend of classic charm and modern features.
- Income‑generating multi‑family property representing an ideal investment opportunity.
- Expansive 5000 square feet of living area provides ample space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,829
Cap Rate
6.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,396,580
$1.4M
Cap Rate 7%
$997,557
$997.6K
Cap Rate 9%
$775,878
$775.9K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$104.9K $31.80/SF
− Vacancy
−$5.2K −$1.57/SF
EGI
$99.8K $30.23/SF
− OpEx
−$29.9K −$9.07/SF
NOI
$69.8K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,396,580
Cap Rate 7%
$997,557
Cap Rate 9%
$775,878
Alternative Uses
Best Use
Multifamily LT 5
$997.6K
$872.9K – $1.16M
NOI $69,829 @ 7.0% cap · market cap 6.35%
Second Best
Apartment 5plus
$938.0K
$820.7K – $1.09M
NOI $65,659 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$1.95M
$1.71M – $2.28M
NOI $136,751 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
Explore this area
Business Placement
Demographics for 01778, MA
14,132
Population
5,136
Households
2.8
Avg Household Size
45
Median Age
78%
College-Educated
98%
High-School Grad
15.0 sq mi
ZIP Area
942
Density / Sq Mi
$219,531
Median Household Income
$106,935
Median Earnings
$1,403
Median Rent
$935,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Multi-family residence with renovated units on a large lot.
Where is this duplex located?
The property is located at 136 Commonwealth Rd Wayland, MA.
What is the asking price?
The asking price for this property is $1,099,999.
What are key features of this property?
This property features: Fully renovated two‑family home offering a blend of classic charm and modern features.; Income‑generating multi‑family property representing an ideal investment opportunity.; Expansive 5000 square feet of living area provides ample space.
