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.
Additional Information
- Tax Year:
- 2024
- Status:
- Active
- Zoning:
- B1 CCOD-L
- Orig Price:
- $2
- LEASE_TYPE:
- Other (see Remarks)
- Waterfront:
- No
- MlsStatus:
- Active
Address Map
- City:
- Weymouth
- State:
- MA
- County:
- Norfolk
- Postal Code:
- 02188
- Longitude:
- W71° 2' 46.7''
- Latitude:
- N42° 12' 21.8''
Commercial Sale
550-560 Washington, Weymouth, Massachusetts
1.70 Acre
$1,600,000
Listing ID #73333866
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,600,000
- Year Built :
- 1956
- Lot Area :
- 1.70 Acre
- Listing ID :
- 73333866
Agent info
Robb Enterprises
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
Contact Agent