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Four-Unit Mixed-Use Storefront

67 Washington Street Weymouth, MA 02188

67 Washington Street, Weymouth, MA, 02188
$1,049,000
For Sale
$1,049,000

Four-unit mixed-use building with a commercial storefront and three residential units, including a 2BR, 1BR, and studio.

Property Size3,100 SF
Price / SF$338.39
Days on Market82

Property Features for 67 Washington Street

General Information

Standard status
Active
Size
3,100 SF
Property subtype
Commercial

Building Details

Year Built
1880
Listing agency Cusack & Associates
Listed by The Cusack Team
Source Highlandre
Added: May 1 Updated: Jul 21 at 3:54AM Checked: Jul 21 at 3:54AM

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 Cusack & Associates


Investment Insights

Based on property information with market context.

This four-unit mixed-use property combines a commercial storefront with three residential units. The residential component includes one 2-bedroom, one 1-bedroom, and one studio apartment, all positioned behind the business space.

The building is described as having a high-visibility commercial storefront and is located near the highway, public transit, and local amenities, supporting convenient day-to-day access.

Offered for sale as a single asset, the property presents a live/work or income-generating configuration with commercial and residential space under one roof.

Key Highlights

  • Built in 1880, four‑unit mixed‑use building with one commercial storefront and three residential units
  • Commercial storefront with signage and high‑traffic exposure on Route 53
  • Three residential units include a 2BR apartment, a 1BR apartment, and a studio

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 $83.7k $27.00
− Vacancy −$4.4k −$1.41
EGI $79.3k $25.59
− OpEx −$23.8k −$7.68
NOI $55.5k $17.91
3,100 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$793.3K
$694.2K – $925.5K (±1% cap)
NOI $55,532 @ 7.0% cap · market cap 5.29%
Second Best
Retail
$753.6K
$659.4K – $879.3K (±1% cap)
NOI $52,755 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$1.84M
$1.61M – $2.14M (±1% cap)
NOI $128,463 @ 7.0% cap · market cap 12.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

American Nails Styles Nail Salon

Suggested Use

Law Firm Pharmacy Dental Office Grocery & Convenience Store Accounting Firm Hair Salon Restaurant Skin Care Clinic Hotel & Motel Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Four-unit mixed-use building with a commercial storefront and three residential units, including a 2BR, 1BR, and studio.
Where is this mixed-use property located?
The property is located at 67 Washington Street Weymouth, MA.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Built in 1880, four‑unit mixed‑use building with one commercial storefront and three residential units; Commercial storefront with signage and high‑traffic exposure on Route 53; Three residential units include a 2BR apartment, a 1BR apartment, and a studio
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