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$ 849,000
Est. payment /mo
Open Sat 11AM-1PM
1227 Sea Quincy, MA 02169
6 Beds
2 Baths
1,716 SqFt
Open House
Sat Jul 11, 11:00am - 1:00pm
Sun Jul 12, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,716 sqft
Price per Sqft $494
MLS Listing ID 73546136
Bedrooms 6
Full Baths 2
Year Built 1910
Annual Tax Amount $5,865
Tax Year 2025
Lot Size 1,306 Sqft
Acres 0.03
Property Sub-Type Multi Family
Property Description
CASH FLOW FROM DAY ONE! Rare opportunity to acquire a turnkey, low-maintenance two-family in highly desirable area in Quincy. Ideal for investors seeking immediate cash flow or owner-occupants looking to offset housing costs with rental income. Strong financials offer an approximate 6% current cap rate based on existing market rents of $5,410/month, plus an additional $120/month in coin-operated laundry income. Featuring six bedrooms, the property also offers excellent upside through future rent increases. Major capital improvements have already been completed, including a brand-new flat roof, new vinyl siding, and central heating systems. Separate utilities, low operating expenses, and a full basement with potential for additional tenant storage income make this an exceptional investment opportunity. See attached financial breakdown. Open house Saturday & Sunday 11AM-1PM.
Location
State MA
County Norfolk
Zoning BUSB
Direction At the corner of Thomas St.
Interior
Heating Forced Air
Exterior
Community Features Public Transportation
Garage No
Building
Lot Description Corner Lot
Story 2
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Stuart St James, Inc.
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