14
See all 14 photos
$799,000
Est. payment /mo
6 Beds
2 Baths
1,716 SqFt
Price Dropped by $50K
1227 Sea Quincy, MA 02169
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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 $465
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 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 and new vinyl siding. Has central heating systems. NOT in a flood zone! Separate utilities, low operating expenses, and a full basement with potential for additional tenant storage income make this an exceptional investment opportunity.
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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Philippe Félix
Founder | Broker | 1804 Realty | License ID: 9582019
+1(617) 404-9485 | philippe@1804realtygroup.com