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20 Lake Street Weymouth — Photo 1 of 5

20 Lake Street Weymouth — Photo 1 of 5

$790,000

Investment Analysis — 20 Lake Street

Weymouth, MA 02189

Based on rent reported on the MLS listing, a 3-unit multi-family in 02189 carries $6,000/mo in gross rent — about a 6.06% cap rate and $47,882/yr in estimated NOI at the $790,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

3.5

SqFt

2,856

Style

3 Family - 3 Units Side by Side

Built

1848

Developer's dream: multi family, multi-unit triplex, huge lot in a neighborhood with rapidly and consistently appreciating property values. Unlock the potential of this unique east Weymouth triplex. Whether you're looking to expand your multi family portfolio, execute a high value-add renovation or secure a long-term asset in a high demand rental market, this property offers the scale, location and upside investors seek. High rental demand property, being a 10 minute walk to the red line, 4 Minute walk to the bus routes with bustling nearby shopping and quality local restaurants.20-24 Lake Street represents an opportunity to create immediate and long-term value in one of the South Shore's most established neighborhoods.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$790,000
Annual Taxes$6,838

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms17
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationIrregular
ZoningR-1

Property & Lot

Acres0.16
SqFt Lot6,950
Lot FeaturesCorner Lot

Geography

Property History

Listed
$790,000

Sep 30, 2026

MLS® 73584829

Expired
$890,000

Aug 31, 2026

MLS® 73535940

Listed
$890,000

Jun 15, 2026

MLS® 73535940

Listing Provided By

Listing Agent: Douglas T. Babcock

Listing Office: Law Offices of Douglas T. Babcock

MLS® Number: 73584829