Sold!
$1,075,000
2
Beds
6
Baths
2,991
Living Area
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Property Description
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.
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Highlights
- Cooling: Wall Unit(s)
- Parking Spots: 7
- Property Type: 5-9 Family
- Year Built: 1986
- Heating: Electric
- Property Class: Residential Income
- Total Rooms: 8
- Status: Closed
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Additional Details
- Basement: Partially Finished, Walk-Out Access
- Interior Features: Laundry Room
- Road Frontage Type: Public
- Total Number of Units: 6
- Year Built Source: Public Records
- Foundation: Other
- Lot Features: Corner Lot
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: A2
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Amenities
- 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
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,045,600
- Compensation Based On: Net Sale Price
- Tax Year: 2024
- Total Rent: $7,020
- Buyer Agent Compensation: 2.5%
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $10,738
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Horvath & Tremblay.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
