Two-Family Home with In-Law
New
For Sale
$695,000
195 Union St., Weymouth, MA 02190
Residential Income, Weymouth, MA
Property Size1,901 SF
Lot Size0.50 Acres
Price / SF$365.60
Days on Market2
Property Features for 195 Union St.
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Res.
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3
Parking
7
Fireplace
1
Elementary school
Thomas W. Hamilton
Middle school
Chapman Middle
High school
Weymouth Hs
Directions
Liberty or Ralph Talbot to Union
Subdivision
Columbian Square
Standard status
Active
APN
284938
Size
1,901 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5896
Amenities
arbor
hen house
potting shed
Building Details
Year built
1818
Floors in Building
2
Number of units
2
Listing Agency:
Keller Williams Realty Signature Properties
Listed By:
Al Styles
(781) 924-5766
Added: Oct 18
Last Checked: Oct 19 at 12:06AM
MLS# 73592216
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1818, this 1,901-square-foot home has four bedrooms, two bathrooms, and a fireplace on a 0.5-acre lot. The town recognizes the property as a two-family residence, although it has been occupied as a single-family home for 20 years. An in-law setup provides a separate living arrangement, and plumbing, electrical, and mechanical systems have been updated.
Outdoor features include a detached two-car garage, a hen house, a potting shed, and a yard with an arbor. Columbian Square, with local shops and restaurants, is less than half a mile away.
Outdoor features include a detached two-car garage, a hen house, a potting shed, and a yard with an arbor. Columbian Square, with local shops and restaurants, is less than half a mile away.
Key Highlights
- Town‑recognized two‑family property; occupied as a single‑family residence for 20 years
- 1,901 square feet with 4 bedrooms, 2 bathrooms, and a fireplace
- 0.5‑acre lot with an arbor, hen house, and potting shed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,053
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,060
$681.1K
Cap Rate 7%
$486,471
$486.5K
Cap Rate 9%
$378,367
$378.4K
Market Conditions
NOI Build-Up for 1,901 SF
Gross rent
$51.3K $27.00/SF
− Vacancy
−$2.7K −$1.41/SF
EGI
$48.6K $25.59/SF
− OpEx
−$14.6K −$7.68/SF
NOI
$34.1K $17.91/SF
Area
Norfolk County, MA
Vacancy
5.22%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,060
Cap Rate 7%
$486,471
Cap Rate 9%
$378,367
Alternative Uses
Best Use
Multifamily LT 5
$486.5K
$425.7K – $567.6K
NOI $34,053 @ 7.0% cap · market cap 4.90%
Second Best
Apartment 5plus
$448.9K
$392.8K – $523.7K
NOI $31,420 @ 7.0% cap · market cap 4.52%
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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Current Use
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - An existing in-law arrangement and updated building systems support flexible residential use.
Where is this duplex 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; occupied as a single‑family residence for 20 years; 1,901 square feet with 4 bedrooms, 2 bathrooms, and a fireplace; 0.5‑acre lot with an arbor, hen house, and potting shed
