Four-Unit Mixed-Use
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
(617) 846-8000
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.
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
NOI $55,532 @ 7.0% cap · market cap 5.29%
Second Best
Retail
$753.6K
$659.4K – $879.3K
NOI $52,755 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$1.84M
$1.61M – $2.14M
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
Similar For Sale Nearby
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