Price Reduced 0.08%

$1,248,999 ($352.82 per sqft)

Est. Mortgage $5,991/mo *

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81-85 Water St, Quincy, (Quincy Center), MA, 02169

81-85 Water St, Quincy, (Quincy Center), MA, 02169
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16 rooms

6 beds

5 Full baths

1830

3,540 sqft

Exceptional opportunity to acquire a five-unit multifamily property ideally located near Quincy Center. Situated just a half mile from the Quincy Center MBTA station, this property offers unmatched access to public transportation, major highways, shopping, dining, and city amenities.The property features five residential units with strong value-add potential. One unit has been recently renovated and is currently rented for $2,490, providing an excellent example of the quality and aesthetic that can be achieved throughout the building. The remaining units present an opportunity for investors to increase income through additional improvements and rent optimization. With its desirable central location, accessibility, and long-term rental demand, 83–85 Water Street represents an ideal investment for both seasoned investors and those seeking to expand their portfolio in a thriving market. Currently Grossing $113,280.00 with potential to gross $152,736.00 once all units are stabilized.

Status:

Active

Town:

Quincy

Type:

Multi-family

Units:

5

Zoning:

RESB

Garage:

1-car

Basement:

Unfinished

Levels:

6

Parking:

3-car, Off Street

Acreage:

0.07

Est. Taxes:

$11,233

Assessment

$974,200

Lot Description:

Corner Lot

MLS #:

73454150

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Egi Gjikondi, Gjikondi Realty 781-558-3465