850 Broad Street

Weymouth, MA 02189

$1,075,000
Price
2
Beds
6
Baths
2,991 Sq. Ft.
$359 / Sq. Ft.
2,991
Sq. Ft.
$359
per Sq. Ft.

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...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.
  1. Listed by Jason Kulik • Horvath & Tremblay
  2. Listed by Sam Peck • Horvath & Tremblay

Property Details for 850 Broad Street

Town
Weymouth
Area
MA-Weymouth
Garage Spaces
0
Parking Spaces
7.00
Parking Spaces Total
7
LISTING UPDATED: 10/13/2024 03:08 AM

Property Details for 850 Broad Street

StatusActive
MLS #73300181
Days on Market7
Taxes$10,738 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1986
CountyNorfolk County

Building Information for 850 Broad Street

Stories7Residences6Year Built1986Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 850 Broad Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University
  • Living Area: 2991.0
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Partially Finished, Walk Out
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Laundry Room
  • SpaYN: No
Exterior Features
  • Lot Description: Corner Lot
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Wall AC
  • Cooling: Yes
  • Electric: Individually Metered
  • Heating: Electric
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: 275783
  • Assessments: $1,045,600
  • Book: 25783
  • Tax Year: 2024
  • Zoning: A2
Building / Association Information
Living Characteristics
  • Beds Total: 2
  • Total Living Levels: 7
Other Building Characteristics
  • Foundation: Other
Income / Expenses
  • GOI: $84,840.00
  • GRE: $28,075
  • NOI: $56,764.00
  • Operating Expense: $28,075.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 2
Unit 3 Description
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $7,020.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5

Property History for 850 Broad Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 850 Broad Street

Taxable ValueLand$280,800Additions$764,800Total$1,045,600
Tax Record2024$10,738 ($895 / month)
Home Facts
Baths6Total Finished SqFt2,028 SqFtAbove Grade Finished SqFt2,028 SqFtStories2Lot Size5,275 SqFtStyleMulti-Family Res (5+ Units)Year Built1986Year Renovated2002ZoningA2CountyNORFOLKAPNWEYM M:23 B:253 L:012

Schools near 850 Broad Street

This home is within Weymouth School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 7
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lawrence W Pingree
PublicK to 5

Abigail Adams Middle School
Public6 to 7

Maria Weston Chapman Middle School
Public6 to 8

Weymouth High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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850 Broad Street is a multi-family home for sale in Weymouth, MA 02189. This property was listed for sale on October 9, 2024 by Horvath & Tremblay, it's currently listed at $1,075,000. It has been on the market for a total of 7 days and was last sold on May 23, 2008. This listing's school district is Weymouth School District. Nearby schools include Lawrence W Pingree, Abigail Adams Middle School and Maria Weston Chapman Middle School. 850 Broad Street is a 2-bed, 6-bath, 2,991 sqft multi-family home built in 1986.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Horvath & Tremblay, Jason Kulik; Horvath & Tremblay, Sam Peck

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.