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81-85 Water St, Quincy, MA

Quincy · MA 02169

$1,150,000
Price
6
Beds
5
Baths
3540
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1830
Units: 5 Units
Lot size: 2,977 Sq.Ft Lot
Price per square foot: $353 / Sq.Ft
Parking: 1 Garage Space · 2 Off Street Spaces

About this home

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 $126,480.00 with potential to gross $152,736.00 once all units are stabilized.

Neighborhood & Transit

Quincy Center

81-85 Water St, Quincy · MA 02169

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
239 days
Listing Price:
$1,249,999
Price per Sq.Ft:
$353
Tax Assessment:
$974,200 in 2025
Taxes:
$936 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
5
Half Bathrooms
0
Living Area
3,540 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3540
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
2,977 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
1 Parking Space
Off Street Parking
2 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Egi Gjikondi
Listing office
Stony Brook & Lennox Realty Advisors
MLS PIN #
73454150
Disclosure
Seller Has Ownership Interest In Property.