Offers if any due by 7pm on 5-1-2023. A spacious multi-family home in a desirable neighborhood of South Weymouth. A great investment opportunity for those seeking rental income or for extended families. The property offers a large backyard and a private driveway with ample parking. The home is located in a peaceful residential neighborhood just minutes from shopping, dining, and entertainment options. It is conveniently situated near major highways and public transportation, making it easy to commute to Boston and other surrounding areas. Close to Columbian Square and South Shore Hospital. First floor unit will be delivered vacant making it ideal for owner occupant. The second floor tenancy is a TAW.
This home has been viewed 38 times
Last Checked: May 7th, 2024 at 8:16am (Source: MLS PIN #73102729)
Gross Income: $39,600
Gross Expenses: $7,947
Net Income Calc: $31,653
CAP Rate: 5.47%
Annual Expenses for 510 Union St, Weymouth MA 02190
Total Gross Expenses (Calculated)$7,947/year
APOD AvailableYes
Heating
Electricity
Water$1,300
Gas$1,300
Insurance$1,600
Sewer$1,300
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,047
Annual Income & Unit Breakdown for 510 Union St, Weymouth MA 02190
Total Gross Income (Calculated)$39,600
Unit 1
Rental Income$1,850
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$1,450
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
General Information for 510 Union St, Weymouth MA 02190
Listing ID73102729
Property TypeMulti Family
Price$579,000 ($356.53/SqFt)
StyleMulti Family
CityWeymouth
CountyNorfolk
MLS Area
Neighborhood(s)
Approximate Living Area Total1,624 SqFt
Approximate Lot Size (Acres)0.2 acres
Total Parking4
Garage Parking
Year Built1850
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area728
Foundation DescriptionBlock
Accessible Features
Outdoor Space
ZoningR-5
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 510 Union St, Weymouth MA 02190
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$2,900
Total Gross Income By Broker$39,600
Total Net Income By Broker$36,700
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation2.0
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 510 Union St, Weymouth MA 02190
Real Estate Taxes$5,047
Tax Year2022
Assessed Value$440,400
Financial Data Source
Total Gross Expenses By Broker$2,900
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$39,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$36,700
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.47%
Location Information for 510 Union St, Weymouth MA 02190
Elementary SchoolWeymouth
Middle SchoolMaria Chapman
High SchoolWeymouth Hs
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Public School, Shopping, Public Transportation, T-station
Contact Information for 510 Union St, Weymouth MA 02190