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.
- Heating System:
- Forced Air
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- water
- Garage Parking
- Lead Paint:
- Unknown
- Rent Fee Includes:
- Unit 1(water), Unit 2(water)
- Market Time:
- 4
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $495
- Zoning:
- BUSB
- No Units:
- 2
- Orig Price:
- $849,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Quincy
- State:
- MA
- County:
- Norfolk
- Postal Code:
- 02169
- Longitude:
- W71° 2' 54''
- Latitude:
- N42° 16' 12.5''
Residential Income
1227 Sea, Quincy, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $849,000
- Bedrooms :
- 6
- Rooms :
- 10
- Total Bathrooms :
- 2
- Full Bathrooms :
- 2
- Square Footage :
- 1,716 Sqft
- Year Built :
- 1910
- Lot Area :
- 0.03 Acre
- Listing ID :
- 73546136
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
