
24 Prospect St Weymouth — Photo 1 of 42
$1,049,990
Investment Analysis — 24 Prospect St
Weymouth, MA 02188 — Weymouth Landing
Based on rent reported on the MLS listing, a 3-unit multi-family in 02188 carries $9,350/mo in gross rent — about a 7.33% cap rate and $76,931/yr in estimated NOI at the $1,049,990 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
3
SqFt
3,211
Style
3 Family
Built
1868
Turnkey Weymouth three-family offering immediate cash flow with two updated, vacant units ready for market rent or owner-occupancy. 2020 tankless (2) hot water and heat and (1) forced hot air heating system with updated electrical. Unit 1 (23 Norfolk St, rear) features a private entrance leading into a spacious 3-bedroom, 1-bath layout with an open living room. The eat-in kitchen includes a pantry, refreshed cabinets, laminate countertops, gas cooking, and stainless steel appliances. Additional features include new LVP flooring throughout, central heat and AC, in-unit laundry hookups, a private rear deck, and its own driveway with parking for 2 to 4 vehicles. Unit 2 (front, first floor) is a vacant 2-bedroom, 1-bath with fresh paint, a private deck, and in-unit laundry hookups. The updated kitchen showcases new quartz countertops, new cabinets, a new sink, and a gas stove, complemented by a newer vanity in the bathroom. Unit 3 (front, second floor) is a tenant-occupied 3-bedroom, 1-bath across two levels, generating strong rental income from day one. Well-positioned with private entrances and modern upgrades throughout, this property delivers hassle-free income today with exceptional long-term rental upside. Outstanding Weymouth Landing location with easy access to Weymouth Landing commuter rail station, good proximity to highways and great access to downtown Braintree. Spacious yard with ample room, partially enclosed by fencing on a corner lot, providing excellent outdoor space for both relaxation and entertaining. Showings start today!
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.
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Range • Refrigerator • Washer
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Property History
$1,049,990
Sep 1, 2026
MLS® 73570755
$370,000
Oct 27, 2010
MLS® 71102449
$399,900
Jun 28, 2010
MLS® 71102449
Listing Agent: The Elle Group
Listing Office: eXp Realty LLC - Corporate Office
MLS® Number: 73570755