850 Broad St Weymouth MA 02189 MLS #73300181

850 Broad St
Weymouth, MA, 02189
$1,075,000
2 Beds
6 Baths
2,991 SqFt
0.12 Acres
$1,075,000
850 Broad St
Weymouth, MA, 02189
850 Broad Street is a multifamily property well-located in the heart of Jackson Square, Weymouth. Constructed in 1986, the building contains six (6) residential units comprised of two (2), 1-Bedroom/1-Bathroom units and four (4), Studio units with 2,991 square feet of living area in 3,042 square feet of gross area. The property has been well maintained throughout ownership, with recent improvements completed, and features on site laundry, and seven (7) off-street parking spaces. The units are separately metered for electricity, electric heat, and hot water which the tenants pay directly. The Landlord is responsible for common electric and domestic water and sewer. The current rents are below market and the opportunity exists to increase rents to market value via programmatic updates to the unrenovated units. 850 Broad Street offers convenient access to area retailers and restaurants and is 0.1-miles from an MBTA Bus Stop and 0.5-miles from the East Weymouth MBTA Station.

Property Details

Price:
$1,075,000
MLS #:
73300181
Status:
Active
Beds:
2
Baths:
6
Address:
850 Broad St
Type:
Multi Family
Subtype:
5-9 Family
City:
Weymouth
Listed Date:
Oct 9, 2024
State:
MA
Finished Sq Ft:
2,991
Total Sq Ft:
2,991
ZIP:
02189
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
1986
Units:
6

Schools

Interior

Bathrooms
6 Full Bathrooms
Cooling
Wall Unit(s)
Heating
Electric

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T- Station, University
Parking Features
Paved Drive, Off Street
Parking Spots
7
Roof
Shingle

Financial

Net Operating Income
$56,764
Tax Year
2024
Taxes
$10,738
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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