Two-Family Home with Detached
New
For Sale
$695,000
195 Union St., Weymouth, MA 02190
An in-law arrangement and updated plumbing, electrical, and mechanical systems support flexible living configurations.
Property Size1,901 SF
Days on Market7
Property Features for 195 Union St.
General Information
Standard status
Active
Size
1,901 SF
Total Parking Spaces
2
Property subtype
Investment
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,896
Amenities
arbor
yard
hen house
potting shed
Building Details
Building Size
1,901 SF
Year Built
1818
Stories
2
Units
2
Listing Agency:
Keller Williams Realty Signature Properties
Listed By:
Susan Solis
(781) 534-5607
Source:
Elliman
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 24 at 5:09PM
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 Keller Williams Realty Signature Properties
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Investment Insights
Based on property information with market context.
Built in 1818, this four-bedroom, two-bath home is recognized by the town as a two-family property, though it has served as a single-family residence for the past 20 years. An in-law setup offers additional living flexibility. Plumbing, electrical, and mechanical systems have been updated. The property also includes a detached two-car garage, a hen house, and a potting shed, with a spacious yard and arbor.
The home is located less than half a mile from Columbian Square, with local shops, restaurants, and everyday services in the area. Walk Score is 73, Bike Score is 45, and Transit Score is 23.
The home is located less than half a mile from Columbian Square, with local shops, restaurants, and everyday services in the area. Walk Score is 73, Bike Score is 45, and Transit Score is 23.
Key Highlights
- Town‑recognized two‑family property; used as a single‑family residence for 20 years
- Four bedrooms and two bathrooms
- In‑law setup
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,420
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,400
$628.4K
Cap Rate 7%
$448,857
$448.9K
Cap Rate 9%
$349,111
$349.1K
Market Conditions
NOI Build-Up for 1,901 SF
Gross rent
$60.5K $31.80/SF
− Vacancy
−$3.3K −$1.75/SF
EGI
$57.1K $30.05/SF
− OpEx
−$25.7K −$13.52/SF
NOI
$31.4K $16.53/SF
Area
Norfolk County, MA
Vacancy
5.50%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,400
Cap Rate 7%
$448,857
Cap Rate 9%
$349,111
Alternative Uses
Best Use
Apartment 5plus
$448.9K
$392.8K – $523.7K
NOI $31,420 @ 7.0% cap · market cap 4.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$984.7K – $1.31M
NOI $78,777 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
246
Businesses Nearby
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Business Placement
Demographics for 02190, MA
18,910
Population
8,601
Households
2.2
Avg Household Size
43
Median Age
48%
College-Educated
97%
High-School Grad
7.0 sq mi
ZIP Area
2,701
Density / Sq Mi
$99,024
Median Household Income
$63,313
Median Earnings
$2,012
Median Rent
$554,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - An in-law arrangement and updated plumbing, electrical, and mechanical systems support flexible living configurations.
Where is this multifamily property located?
The property is located at 195 Union St. Weymouth, MA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Town‑recognized two‑family property; used as a single‑family residence for 20 years; Four bedrooms and two bathrooms; In‑law setup
