1018 Washington St Weymouth, MA 02189-1930
This exceptional mixed-use property at 1018 Washington Street in Weymouth, MA, presents a unique investment opportunity. Situated on a 0.21-acre lot with high visibility on Route 53, the property boasts two buildings offering significant versatility. The main building, approximately 1200 square feet, is adaptable for various uses. It could easily function as professional office space, ideal for practices such as accounting, law, or dentistry. Alternatively, it could be configured as a residential space, featuring three bedrooms, two full bathrooms, and additional guest quarters in the lower level. Recent upgrades include a new heating system, hot water system, roof, and replacement windows, ensuring efficiency and low maintenance. The second building, approximately 800 square feet, comprises three garage bays, along with additional space suitable for either residential or commercial use. This building also includes a kitchenette and a bathroom. The property offers off-street parking for up to twenty vehicles, providing ample space for tenants, clients, or residents. The property is being sold as-is, and potential buyers are responsible for independently verifying permitted uses and obtaining any necessary permits. This rare combination of commercial and residential potential, coupled with its prime location and recent upgrades, makes this an exceptional investment opportunity. Don't miss the chance to own this versatile and highly visible property.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Weymouth, MAWeymouth. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.