202 Commercial St, Weymouth MA 02188
Weymouth, MA 02188
$850,000
Est. $5,085/month
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About this home
Rare Waterfront Two-Family Investment Opportunity in Weymouth Landing! Don’t miss this exceptional opportunity to own a beautifully maintained waterfront property in the heart of highly desirable Weymouth Landing. Whether you’re an investor looking for strong rental income or an owner-occupant seeking additional income, this property offers incredible flexibility, stunning water views, and an unbeatable location. Each unit features a spacious two-level layout with 2 bedrooms and 1 full bathroom. The first level offers a bright living room, an open-concept kitchen with dining area, one bedroom, and a full bath. Upstairs, the oversized primary bedroom features generous closet space, beautiful water views, and plenty of room for a king-size bed along with additional furniture.The kitchens are designed with functionality in mind, offering ample cabinet and countertop space along with a refrigerator, stove, and dishwasher. Off each kitchen is a large private deck overlooking the water—perfect for entertaining, enjoying morning coffee, or relaxing while taking in the peaceful setting. Both units include updated bathrooms with full-size tubs, vanities, and the convenience of in-unit washer and dryers. Each unit also comes with two dedicated off-street parking spaces, providing ample parking for residents and guests. Located just a short walk from the Weymouth Landing Commuter Rail station, this property offers easy access to Boston while being within walking distance of local restaurants, coffee shops, parks, shopping, and entertainment. Whether you choose to rent both units for strong cash flow, live in one while generating income from the other, or add a high-quality asset to your investment portfolio, this property presents outstanding long-term value in one of Weymouth’s most sought-after neighborhoods.
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Back On Market
Aug 19, 2026
Active
Status: Active under contract
Aug 18, 2026
Active → Active Under Contract
Listed for Sale
Jul 24, 2026
$850,000
Original listing
Agent: John Heffernan
Office: Compass
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/19/2026 | • Back On Market | - | - | - | Active |
| 08/18/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 07/24/2026 | 🏠 Listed for Sale | $850,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $7,040 | $695,700 |
Financial Details
Annual Property Tax
$7,040
Tax Year 2026
Assessed Value
$695,700
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Side by Side
Year Built
1950
Living Area
1,764 sq ft
Lot Size
0.15 acres
Stories
4
Bedrooms
4
Full Baths
2
Total Rooms
8
Investment Metrics
Units
2
Unit 1 Rent
$2,400/mo · Y
Unit 2 Rent
$2,600/mo · N
Total Monthly Rent
$5,000/mo
Gross Income
$28,800
Net Operating Income
$28,800
Cap Rate
3.39%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Shared Driveway
Total Spaces
10
Utilities
Electric
200+ Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$7,040
Assessed Value
$695,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Current Owner Has Flood Insurance But Is Currently Looking Into Elevation Certificate. One Lease In Place For $2400 Other Is Recently Vacant And Was Leased For $2400.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Norfolk
Total market time (incl. prior listings)
30 days
Property Overview
Property Type
2 Family - 2 Units Side by Side
Listing Type
For Sale
Year Built
1950
Bedrooms
4
Full Bathrooms
2
Living Area
1,764 sq ft
Total Rooms
8
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,764 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1950
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter
Stories:
4
Heating, Cooling & Utilities
Heating:
Heating Zones:
4
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
10
Parking Features:
Shared Driveway
Special Features
Waterfront:
Yes
Waterfront Type:
Waterfront, Ocean
Community Amenities:
Nearby Schools
School District
Weymouth School District local
B-
Where Graduates Go
Class of 2021
61%
attend college
50%
4-Year
11%
2-Year
17%
Out of State
4%
Working
School Safety
2024-25
1.8%
Average
1.8%
Suspensions
2.0%
In-School
3.7% below state avg
Elementary Schools
10 schools
Sacred Heart Elementary School
0.3 mi
Grades PK-08
South Shore Christian School
0.6 mi
Grades PK-12
St. Jerome Elementary School
1.9 mi
Grades PK-08
First Baptist Christian School
2.5 mi
Grades PK-06
St. Francis Xavier School
3.3 mi
Grades PK-08
B-
Academy Avenue School
1.2 mi
|
#448 of 825
|
Score: 46.2
Dropped 80 spots from last year
-12 below state avg
371 students
Diverse
Grades K-05
C+
Frederick C Murphy School
1.3 mi
|
#523 of 825
|
Score: 44.1
Dropped 93 spots from last year
-14.1 below state avg
259 students
Diverse
Strong Attendance
Grades K-05
Weymouth Early Childhood Center
1.3 mi
223 students
Diverse
Diverse Student Body
Grades PK
C+
Wessagusset School
1.9 mi
|
#550 of 825
|
Score: 43.1
Dropped 235 spots from last year
-15.2 below state avg
374 students
Diverse
Grades K-05
B
Lawrence W Pingree School
2.1 mi
|
#408 of 825
|
Score: 47.5
Dropped 142 spots from last year
-10.7 below state avg
263 students
Moderate
Grades K-05
Middle Schools
1 school
B-
Maria Weston Chapman Middle School
1.7 mi
|
#182 of 352
|
Score: 41.8
Improved 1 spots from last year
-16.4 below state avg
1,185 students
Diverse
Grades 06-08
High Schools
1 school
B
Weymouth High School
3.1 mi
|
#172 of 346
|
Score: 53.9
Dropped 6 spots from last year
-4.3 below state avg
1,658 students
Diverse
18 sports
• 1,876 athletes
Strong AP Program
Career Tech Programs
Strong Athletics
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$587
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
202 Commercial St, Weymouth MA 02188
Weymouth, MA 02188
Listing Information
Listing Agent
John Heffernan
Listing Office
Compass
Office Phone
781-285-8028
Agent MLS ID
CN213898
Office MLS ID
AN4191
Listing Data Updated
Aug 22, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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