47 Laurel Street, Jackson SquareWeymouth, MA 02189MLS Number 73149597

  • Price: $599,000
  • Est. Mortgage of $/month
  • 37 Days on Market
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Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
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47 Laurel Street Weymouth MA 0218947 Laurel Street Weymouth MA 0218947 Laurel Street Weymouth MA 0218947 Laurel Street Weymouth MA 0218947 Laurel Street Weymouth MA 0218947 Laurel Street Weymouth MA 0218947 Laurel Street Weymouth MA 0218947 Laurel Street Weymouth MA 02189
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  • 3Bedrooms
  • 0.23Acreage
  • 2Bathrooms
  • 1878Year Built

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Call and we’ll get you in. About to pay 2k/month to a landlord...for slightly more than 2k a month, you can become the landlord and pay yourself. The average rent on a 2 bed in Weymouth right now is $2400/month. The average 1 bed unit runs about $1800. Purchase this property and live one unit and have the tenant pay half of your mortgage even with current interest rates. When rates come down, refinance it and reap an even bigger reward. Fast forward 15 years, you held the property...you decide you want to pay a college tuition or fund a retirement - you have essentially paid down half the mortgage even before the appreciation on this property. With 2 distinct units, this property presents a fantastic opportunity for the owner occupant with rental income or a flexible multigenerational living arrangement. The Jackson Square area is being slated for rejuvenation. People love the location with it's proximity to the commuter rail, Hingham & all the South Shore
Listed by Michael Mahoney of Real Broker MA,LLC

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More Info

Basic Information

  • Gross Income $42,000
  • Listing Terms Contract
  • Lot Features Level
  • Mls StatusActive
  • Parcel Number M:18 B:242 L:004,273831
  • Rent Includes Unit 1(Water), Unit 2(Water)

Basic Information

  • List Price$599,000
  • MLS Number73149597
  • Modification Date09/20/2023
  • Property SubTypeMulti Family

Property

  • Acreage0.23

Interior

  • Flooring Wood, Vinyl, Laminate
  • Interior Features Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)

Utilities

  • Electric Circuit Breakers
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • House of Worship
    • Medical Facility
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
  • Appliances IncludedUnit 1(Range, Refrigerator), Unit 2(Range, Refrigerator)
  • Other AmenitiesBasement, Beachfront, Water View

Tax Information

  • Tax Assessed Value $471,900
  • Tax Year 2023
  • Taxes$4,931

Parking

  • Open Parking YN Yes
  • Parking Features Off Street, Tandem, Assigned, Paved
  • Parking Spaces6

Location

  • Address47 Laurel Street
  • Building Number47
  • CountyNorfolk
  • NeighborhoodJackson Square
  • StateMA
  • StreetLaurel Street
  • SubdivisionJackson Square
  • TownWeymouth
  • Zip02189

Exterior

  • Exterior Features Porch, Gutters, Screens
  • RoofShingle, Metal

Property Information

  • Building Area Source Public Records
  • Living Area 1,510
  • Lot Size Square Feet 9,900
  • Lot Size Units Acres
  • Square Feet1,510

Legal

  • ZoningR-2

School Information

  • Elementary SchoolWps
  • High SchoolWeston
  • High School Wps
  • Junior HighWps

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms3
  • Full Bath2

Building

  • BasementFull, Interior Entry, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationGranite
  • Garage Spaces
  • Patio And Porch Features Porch
  • Rooms9
  • Stories3
  • Window Features Insulated Windows, Screens
  • Year Built1878
  • Year Built Details Approximate
  • Year Built Source Public Records

Water Body

  • Miles to Beach2
  • Waterfront Features Beach Front, River,1 to 2 Mile To Beach, Beach Ownership(Public)

Other

  • Buyer Agency Compensation2
  • Date Listed08/17/2023
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation2
  • View Count2
Egan Realty Group

Your Local Office

More Info »
Egan Realty Group
Office: 781.447.2222
Whitman, MA 02882

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