Updated Two-Family
For Sale
$899,000
Pending
27 High Street, Weymouth, MA 02189
Corner-lot duplex with two apartments, private laundry, central air, hardwood floors, and off-street parking.
Property Size2,234 SF
Days on Market53
Property Features for 27 High Street
General Information
Standard status
Pending
Size
2,234 SF
Property subtype
2 Family - 2 Units Up/Down
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,160
Amenities
central air conditioning
washer and dryer
hardwood floors
Building Details
Building Size
2,234 SF
Year Built
1883
Buildings
1
Listing Agency:
LAER Realty Partners
Listed By:
Manoel Neto · License #9049714
(617) 719-6474
Source:
Hillarybirchgroup
Added: Sep 3
Changed: Oct 22
Last Checked: Oct 25 at 2:06AM
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 LAER Realty Partners
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Investment Insights
Based on property information with market context.
This two-family duplex contains two separate apartments, each equipped with central air conditioning, a washer and dryer, and hardwood flooring. The property occupies a corner lot and provides off-street parking. Improvements include updated kitchens, fresh interior paint, newer heating and air-conditioning systems, and a newer water heater. Built in 1883, the home combines its original construction date with recent system and interior updates.
The property is located near East Weymouth Commuter Rail and a bus stop, with Osprey Park, More-Brewer Park, schools, shopping, and restaurants also identified nearby. Its two-apartment configuration supports both owner occupancy and rental use.
The property is located near East Weymouth Commuter Rail and a bus stop, with Osprey Park, More-Brewer Park, schools, shopping, and restaurants also identified nearby. Its two-apartment configuration supports both owner occupancy and rental use.
Key Highlights
- Two‑family duplex with two separate apartments
- Central air conditioning, washer and dryer, and hardwood floors in each apartment
- Corner‑lot setting with off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,019
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$800,380
$800.4K
Cap Rate 7%
$571,700
$571.7K
Cap Rate 9%
$444,656
$444.7K
Market Conditions
NOI Build-Up for 2,234 SF
Gross rent
$60.3K $27.00/SF
− Vacancy
−$3.1K −$1.41/SF
EGI
$57.2K $25.59/SF
− OpEx
−$17.2K −$7.68/SF
NOI
$40.0K $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%
$800,380
Cap Rate 7%
$571,700
Cap Rate 9%
$444,656
Alternative Uses
Best Use
Multifamily LT 5
$571.7K
$500.2K – $667.0K
NOI $40,019 @ 7.0% cap · market cap 4.45%
Second Best
Apartment 5plus
$527.5K
$461.6K – $615.4K
NOI $36,924 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,576 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
333
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
Frequently Asked Questions
What type of property is this?
Duplex - Corner-lot duplex with two apartments, private laundry, central air, hardwood floors, and off-street parking.
Where is this duplex located?
The property is located at 27 High Street Weymouth, MA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two‑family duplex with two separate apartments; Central air conditioning, washer and dryer, and hardwood floors in each apartment; Corner‑lot setting with off‑street parking
