Renovated Two-Unit
136 Commonwealth Road Wayland, MA 01778
136 Commonwealth Road, Wayland, MA, 01778
$1,450,000
For Sale
$1,450,000
Fully renovated two-unit residence offering two full bathrooms and tenants-at-will in place.
Property Size3,300 SF
Lot Size0.50 Acres
Price / SF$439.39
Days on Market258
Property Features for 136 Commonwealth Road
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Lot size
- 0.50 Acres
- Property subtype
- Multi-family / 2 Family - 2 Units Side by Side
Building Details
- Year Built
- 1849
Listing agency
Coldwell Banker Realty - Wellesley
(781) 237-9090
Listed by
John McHugh Real Estate Group
(781) 237-9090
Source
Compass
Added: Nov 6, 2025 Updated: Jul 22 at 11:32AM Checked: Jul 22 at 11:32AM
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.
136 Commonwealth Road in Wayland, Massachusetts offers a fully renovated two-unit multifamily residence. The property features two spacious units with light-filled interiors and contemporary finishes, supported by two full bathrooms across the home. Tenants-at-will are currently in place.
The home sits on a generous half-acre lot and totals approximately 3,300 square feet of living space. The location provides convenient access to nearby everyday amenities, with Starbucks, Walgreens, grocery stores, banks, and restaurants described in the public remarks. Major area routes and shopping/dining options are also noted, including Route 9 and the Mass Pike, as well as the Natick Collection.
This configuration supports straightforward dual-tenant occupancy within a renovated multifamily structure, offering flexibility for investors or owner-occupants as described in the remarks.
The home sits on a generous half-acre lot and totals approximately 3,300 square feet of living space. The location provides convenient access to nearby everyday amenities, with Starbucks, Walgreens, grocery stores, banks, and restaurants described in the public remarks. Major area routes and shopping/dining options are also noted, including Route 9 and the Mass Pike, as well as the Natick Collection.
This configuration supports straightforward dual-tenant occupancy within a renovated multifamily structure, offering flexibility for investors or owner-occupants as described in the remarks.
Key Highlights
- Fully renovated two‑unit multi‑family with tenants‑at‑will in place
- Over 3,000 sq. ft. of living space on a generous 1/2‑acre level lot
- 2 full bathrooms total; full, unfinished basement
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 | $104.9k | $31.80 |
| − Vacancy | −$5.2k | −$1.57 |
| EGI | $99.8k | $30.23 |
| − OpEx | −$29.9k | −$9.07 |
| NOI | $69.8k | $21.16 |
3,300 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$997.6K
$872.9K – $1.16M
NOI $69,829 @ 7.0% cap · market cap 4.82%
Second Best
Apartment 5plus
$938.0K
$820.7K – $1.09M
NOI $65,659 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$1.95M
$1.71M – $2.28M
NOI $136,751 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Fully renovated two-unit residence offering two full bathrooms and tenants-at-will in place.
Where is this duplex located?
The property is located at 136 Commonwealth Road Wayland, MA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Fully renovated two‑unit multi‑family with tenants‑at‑will in place; Over 3,000 sq. ft. of living space on a generous 1/2‑acre level lot; 2 full bathrooms total; full, unfinished basement
