5-9 Family at 1228-1242 Commercial Street, Weymouth MA 02189
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23 photos

$2,650,000

1228-1242 Commercial Street, Weymouth MA 02189
Weymouth, MA 02189
Listed by Tony Pepdjonovic
Bedrooms
16
Bathrooms
13.5
Living area
8,243 sqft
Year built
1868

About this home

1228-1242 Commercial Street is a 9-unit multifamily opportunity in East Weymouth comprised of a 6-unit and 3-unit property one tax parcel. The properties were extensively renovated and feature custom cabinetry, high-end appliance packages, modern bathrooms, updated flooring, recess lighting, central air-conditioning, in-unit laundry. The 6-unit was renovated to the studs and is fully sprinklered. The property is improved by a 0.2 acre lot that accommodates up to 10 vehicles. This is a great transit-oriented location convenient to the public bus and walking distance to the MBTA Commuter Rail. All the tenants are on at-will basis considerably below market for the quality of the units allowing an investor flexibility to improve rents upon purchase. Jackson Square continues to rapidly develop which bodes well for future property and rent appreciation.

Property details

MLS
MLS Property Information Network
MLS #
73596045
Property type
5-9 Family
Subdivision
N/A
Status
Active
Days on market
2
On market date
October 28, 2026
Stories
4
Total bathrooms
13.5
Garage spaces
N/A
Parking spaces
10
Lot size
0.2 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Lawrence W Pingree
0.07 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
250
Student:teacher ratio
11.4:1
District
Weymouth
Middle
Abigail Adams Middle School
0.72 mi away · Grades 6-7
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
784
Student:teacher ratio
10.5:1
District
Weymouth
High
Weymouth High School
2.55 mi away · Grades 8-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,264
Student:teacher ratio
12.6:1
District
Weymouth

Walkability

Blended score for Weymouth's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

66
Walkable
out of 100
EPA National Walkability Index
11.3 / 20 -- Above average walkable
Google Places amenity density
80 / 100
Restaurants & cafes15
Grocery stores1
Parks18
Schools8
Transit stops20
Pharmacies1

Market position

How this listing compares to current activity in Weymouth, from live MLS data.

On the market 2 days -- 74 fewer days than Weymouth's current average of 76 days.
For reference, the median list price across 322 active listings in Weymouth right now is $449,950.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$16,109/mo
$530,000 down
$2,120,000 loan
Principal & interest$13,750
Property tax (est.)$2,208
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.