Unit Information
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.
- Additional Details
- Status: NEW
- Type: Multi-Family, Multi Family
- Zip Code: 02169
- Levels: 2
- Rooms and Dimensions
- Total Units: 2
- Total Floors: 2
- Total Rooms: 10
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$849,000
- Status: New
- Listing ID: 73546136
- Bedrooms: 6
- Full Baths: 2
- Living Area: 1,716 sqft Convert
- Lot Size: 1,304 sqft Convert
- Acres: 0.03
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |