Unit Information
Exceptional opportunity for investors or owner-occupants seeking a turn-key, multi-family property in the City of Quincy. This 3-unit building offers strong income potential w/ flexibility for both investment and owner-occupied. Extensive renovations were completed in 2019–2020, including updated kitchens and bathrooms in all units, minimizing immediate capital expenses. One unit is currently vacant $3,100, one unit is leased at $2,900/month, and one unit is tenant-at-will $1,850, offering a value-add opportunity to increase rents to market rate. 8% Cap Rate before expenses. 5.6% Cap Rate net, using a 30% rate for exp & vacancies. Conveniently located on a quiet residential street, close to Quincy Center, Hingham Shipyard, major highways, shopping, restaurants, and public transportation. Walking distance to Bay Point Waterfront and Avalon Beach. Some photos include virtual staging. Basement w/ high ceilings, offering great storage or future potential (buyer agent to do due diligence)
- Additional Details
- Type: Multi-Family, 3 Family - 3 Units Up/Down
- Zip Code: 02169
- Levels: 3
- Parking
- Garage Capacity: 1
- Parking: Paved Drive
- Parking Spaces: 1
- Rooms and Dimensions
- Total Units: 3
- Total Floors: 3
- Total Rooms: 14
- Fees
- Rental Price: 7700
- Taxes: 10141
- Tax Year: 2025
- Utilities
- Sewer and Water: Public Sewer
- MLS Details
- Flooring: Hardwood
- Foundation: Concrete Perimeter
- Lot: 0.08
- Stories: 3
- SqFt Includes Basement: 2784
- SqFt Source: Public Record
- Total Bedrooms: 8
- Total Baths (Full): 3
- Total Rent: 7700
- Total Rooms: 14
- Year Built Description: Actual
- Year Built Source: Public Records
- Zoning: BUSB
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$1,200,000
- MLS #: 73486856
- Bedrooms: 8
- Full Baths: 3
- Living Area: 2,784 sqft Convert
- Lot Size: 3,611 sqft Convert
- Acres: 0.08
- Year Built: 1910
View description
Luxury Residential Group
(617) 233-5800
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Maria Terova of William Raveis R.E. & Home Services. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.