67 Cleverly Ct, Quincy, MA 02169
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$1,200,000
3 Unit
8 Beds
3 Baths
2784 SQFT
0.08 Acre

Property Description

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)

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 3

Financial

  • APOD Available: Yes
  • Gross Operating Income: 70200
  • Gross Expenses: 5050
  • Electric Expenses: 250
  • Water/Sewer: 1500
  • INSC: 3300
  • Net Operating Income: 65150

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: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Poured Concrete
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73486856
  • Last Updated: 04/01/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/27/2026Active$1,200,000$431MLSPIN
03/23/2026New$1,200,000$431MLSPIN
10/10/2023Canceled$1,200,000$431MLSPIN
09/17/2023Active$1,200,000$431MLSPIN
09/13/2023New$1,200,000$431MLSPIN

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Seller's Representative: Maria Terova, William Raveis R.E. & Home Services
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 2026-04-01 13:21:00

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