Updated Duplex with Private
74-76 Park Ave Weymouth, MA 02190
New
For Sale
$875,000
Duplex with two 2-bedroom units, updated kitchens and baths, private entrances, decks, and separate utilities.
Property Size2,352 SF
Price / SF$372.02
Days on Market7
Property Features for 74-76 Park Ave
General Information
Standard status
Active
Size
2,352 SF
Property subtype
2 Family - 2 Units Side by Side
Building Details
Year Built
1818
Listing Agency:
Keller Williams Realty
(617) 984-9029
Listed By:
Teresa Sullivan
(617) 984-9029
Source:
Lockandkeyre
Added: Jul 23
Changed: Jul 27
Last Checked: Jul 29 at 6:04AM
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
Investment Insights
Based on property information with market context.
This updated duplex offers two distinct residential units, each with its own private entrance and a feel akin to a single-family home. Both units feature two bedrooms, 1 full and 1 half baths, updated kitchens and baths, fireplaces, and original-style details such as woodwork, moldings, and French doors. Additional highlights include private decks, ample parking, a private yard, separate utilities, and an oversized shed for storage. The property also maintains antique charm alongside multiple improvements.
The home is located close to shopping, restaurants, and highway access.
Reported updates include a new roof in 2024, along with new water heater and furnace, among other improvements. The sellers have pictures and floor plans available for a possible ADU.
The home is located close to shopping, restaurants, and highway access.
Reported updates include a new roof in 2024, along with new water heater and furnace, among other improvements. The sellers have pictures and floor plans available for a possible ADU.
Key Highlights
- Duplex built in 1818 with two 2‑bedroom units, each with its own private entrance
- Updated kitchens and baths in both units, plus fireplaces, detailed woodwork, moldings, and French doors
- Separate utilities for each unit
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 | $63.5k | $27.00 |
| − Vacancy | −$3.3k | −$1.41 |
| EGI | $60.2k | $25.59 |
| − OpEx | −$18.1k | −$7.68 |
| NOI | $42.1k | $17.91 |
2,352 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$601.9K
$526.7K – $702.2K
NOI $42,132 @ 7.0% cap · market cap 4.82%
Second Best
Apartment 5plus
$555.3K
$485.9K – $647.9K
NOI $38,874 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,466 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two 2-bedroom units, updated kitchens and baths, private entrances, decks, and separate utilities.
Where is this duplex located?
The property is located at 74-76 Park Ave Weymouth, MA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Duplex built in 1818 with two 2‑bedroom units, each with its own private entrance; Updated kitchens and baths in both units, plus fireplaces, detailed woodwork, moldings, and French doors; Separate utilities for each unit
