MA
Norfolk
Quincy
02169
1227 Sea ST
1227 Sea ST, Quincy, MA 02169
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Listing Type
Multi Family
Listing Status
Active
14
$799,000

Home Details for 1227 Sea ST

Price
$799,000
Type
Residential Income
Bedrooms
6
Total Bathrooms
2
Full Bathrooms
2
Square feet
1716
Year built
1910
Lot size acres
0.03
County
Norfolk
Total rooms
10
Days on site
45
MLS Listing#
73546136
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. OPEN HOUSE 11am-12:30pm Saturday August 15th.

Property Features
  • Heating Information
    • Forced Air
  • Water Features
    • Public
Listing Courtesy: Stuart St James, Inc. - 617-819-5850
Presented by: Kinga Auguste
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Median Listing Price
Median Days on Site
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT BAYSIDE REALTY
1827 Dorchester Avenue, Boston, MA 02124
Office
617 265 6111
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