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Properties

  • 550-560 Washington, Weymouth, Massachusetts, ,Commercial Sale,For Sale,Washington,73333866
  • 550-560 Washington, Weymouth, Massachusetts, ,Commercial Sale,For Sale,Washington,73333866
  • 550-560 Washington, Weymouth, Massachusetts, ,Commercial Sale,For Sale,Washington,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.

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''
  • Google Map

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
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Agent info
Robb Enterprises
  • Stephen E. Robb
  • View website
  • 617-212-0251
  • srobb@robbenterprises.com

Contact Agent

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein.

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