1227 Sea, Quincy, MA 02169
- $849,000
- 6
- BD
- 2
- BA
- 1,716
- SqFt
- List Price
- $849,000
- Status
- ACTIVE
- MLS#
- 73546136
- Bedrooms
- 6
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,716
- Lot Size (Acres)
- 0.03
- Year Built
- 1910
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 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.
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Additional Information
- Taxes
- $5,865
- Lot Description
- Corner Lot
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Kinga Auguste from Listing Office: Stuart St James, Inc..
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