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.