Property Description

This rare 5-family property is a perfect investment opportunity in highly desirable Quincy. It presents the chance for investors to implement upgrades and increase rental income. Conveniently located near stores, highways, and Quincy Center, it offers an ideal location for tenants. The property sits on a large lot, providing plenty of parking and potential for future ideas. Very strong rents along with a newer roof and water heater already in place, this property is ready for its next owner. Please refrain from walking the property or disturbing the tenants.

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 2
  • Total Bedrooms: 7
  • Total Full Baths: 5
  • Amenities: Highway Access, Park, Public Transportation, Shopping, Tennis Court
  • Basement Features: Full

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 108000
  • Gross Expenses: 8208
  • Water/Sewer: 5743
  • RFS: 1800
  • Miscellaneous Expense: 665
  • Net Operating Income: 99792

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: No

Unit 4 Description

  • Under Lease: No

Construction

  • Year Built: 1960
  • Type: 5+ Family - 5+ Units Side by Side
  • Foundation Info: Concrete Block
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73352104
  • Last Updated: 03/31/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/31/2025New$1,250,000$438MLSPIN
11/08/2023Active$1,250,000$438MLSPIN
11/04/2023New$1,250,000$438MLSPIN

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Seller's Representative: Hillary Birch, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: Yes

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MLS PIN data last updated at 2025-03-31 10:16:00