51 Stoughton St, Quincy, MA 02169
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$1,900,000
6 Unit
10 Beds
6 Baths
5232 SQFT
0.17 Acre

Property Description

Reintroduced at an adjusted price, 51 Stoughton Street presents a compelling opportunity to acquire a well-maintained 6-unit multifamily property in the heart of Houghs Neck. Located on a quiet residential street, this asset offers immediate rental income with meaningful long-term upside, appealing to both investors and owner-occupants. The solidly built property features six spacious units with a desirable mix of one- and two-bedroom layouts. Each apartment offers strong natural light and functional floor plans, with several units updated with modern finishes. Additional value-add potential remains through future improvements and rent optimization. The sale includes two additional adjacent lots, adding flexibility and long-term optionality. This is an excellent opportunity to acquire a cash-flowing asset at a repositioned price point, well suited for portfolio expansion, long-term hold strategies, or 1031 exchange consideration. A strong combination of income, location, and upside.

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 5
  • Total Bedrooms: 10
  • Total Full Baths: 6
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Finished, Other (See Remarks), Walk Out
  • Common Appliances: Washer Hookup

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 150600
  • Gross Expenses: 35650
  • Electric Expenses: 1225
  • Water/Sewer: 5460
  • INSC: 6887
  • Repairs & Maintenance: 1350
  • Miscellaneous Expense: 605
  • Net Operating Income: 114950

Utilities

  • Heat Zones: 6
  • Electric Info: 200 Amps, 220 Volts, At Street, Circuit Breakers, Underground
  • Utility Connections: Washer Hookup, for Electric Dryer, for Electric Range
  • 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
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1980
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Vinyl
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73468225
  • Last Updated: 01/18/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
01/18/2026Active$1,900,000$363MLSPIN
01/14/2026New$1,900,000$363MLSPIN
11/29/2025Expired$2,150,000$411MLSPIN
07/20/2025Active$2,150,000$411MLSPIN
07/16/2025Price Change$2,150,000$411MLSPIN
06/02/2025Active$2,250,000$430MLSPIN
05/29/2025New$2,250,000$430MLSPIN

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Seller's Representative: Joseph Galofaro, Ryan Realty Group LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-01-18 03:06:00