Two-Family Home with Private
740-742 Main St Weymouth, MA 02190
740-742 Main St, Weymouth, MA, 02190
$829,900
For Sale
$829,900
Two-unit property with a large private fenced yard and multiple off-street parking spaces, plus energy-efficient improvements in Unit 2.
Property Size2,336 SF
Price / SF$355.27
Days on Market36
Property Features for 740-742 Main St
General Information
- Standard status
- Active
- Size
- 2,336 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1868
Listing Agency
Deerfield Valley Real Estate
(978) 578-5013
Listed by
Chris Bernier
(978) 578-5013
Source
Churchillprop
Added: Jun 16 Updated: Jul 19 at 1:58 am Checked: Jul 20 at 2:16 am
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 Deerfield Valley Real Estate
Investment Insights
Based on property information with market context.
This two-family residential income property features two separate units and a large private fenced yard. Off-street parking is provided for Unit 1 (4 spaces) and Unit 2 (6 spaces). Improvements include an updated instant hot water and energy-efficient heating system in Unit 2, along with siding and windows replaced within the last 15 years.
Located on Main St/Route 18 in South Weymouth, the property offers convenient access to the MBTA South Weymouth commuter rail, highways, shopping, and restaurants. It is also minutes from the SouthField redevelopment area, which includes parks, trails, and retail.
The configuration supports both active rental management and owner-occupancy use, with Unit 2 having notable system updates and the building envelope refreshed through more recent siding and window replacements.
Located on Main St/Route 18 in South Weymouth, the property offers convenient access to the MBTA South Weymouth commuter rail, highways, shopping, and restaurants. It is also minutes from the SouthField redevelopment area, which includes parks, trails, and retail.
The configuration supports both active rental management and owner-occupancy use, with Unit 2 having notable system updates and the building envelope refreshed through more recent siding and window replacements.
Key Highlights
- 2‑family property built in 1868 on Main St/Route 18 in South Weymouth
- Large private fenced yard with off‑street parking: 4 spaces for Unit 1 and 6 spaces for Unit 2
- Unit 2 has updated instant hot water and an energy‑efficient heating system
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 | $63.1k | $27.00 |
| − Vacancy | −$3.3k | −$1.41 |
| EGI | $59.8k | $25.59 |
| − OpEx | −$17.9k | −$7.68 |
| NOI | $41.8k | $17.91 |
2,336 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$597.8K
$523.1K – $697.4K
NOI $41,846 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$551.6K
$482.6K – $643.5K
NOI $38,610 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,803 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit property with a large private fenced yard and multiple off-street parking spaces, plus energy-efficient improvements in Unit 2.
Where is this duplex located?
The property is located at 740-742 Main St Weymouth, MA.
What is the asking price?
The asking price for this property is $829,900.
What are key features of this property?
This property features: 2‑family property built in 1868 on Main St/Route 18 in South Weymouth; Large private fenced yard with off‑street parking: 4 spaces for Unit 1 and 6 spaces for Unit 2; Unit 2 has updated instant hot water and an energy‑efficient heating system
