MA
Norfolk
Weymouth
02188
550-560 Washington St
550-560 Washington St, Weymouth, MA 02188
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Listing Type
Commercial/Industrial
Listing Status
Active
3
$1,600,000

Home Details for 550-560 Washington St

Price
$1,600,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1956
Lot size acres
1.7
County
Norfolk
Garage
Days on site
312
MLS Listing#
73333866
Property Description

Unique opportunity for the right investor. Property is positive cash flow and consists of a single-family house that can rent for approx. $2800/mo., an attached 1 bedroom 1 bath apartment approx. $1000 to $1,500/mo., a large backlot storage area occupied by a general contractor to store equipment at $1,500/mo., a separate 1 car garage that can rent for $150-$200/mo. and $6,000/mo. from an established restaurant that’s been in business for 30 years. There is additional area to rent with the right investor. Estimated total monthly income is between $12,000 - $14,000/mo.The property is also approved for redevelopment for 28 units if you want to develop or just continue to operate as a landlord.

Property Features
    Listing Courtesy: Raymond Jennings lll - 781-718-8449
    Presented by: Raymond Jennings III
    The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. Copyright ©2025 MLS Property Information Network, Inc. All Rights Reserved.
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    Market statistics compiled from data from Massachusetts Association of REALTORS.
    EXIT PREMIER REAL ESTATE
    85 Wilmington Road, Burlington, MA 01803
    Brenda Cahoon
    License #: 9049354
    REALTOR®, MAR
    Office
    781 270 4770
    Agent
    781 910 5770
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