81-85 Water St, Quincy, MA 02169
81-85 Water St, Quincy, MA 02169
81-85 Water St, Quincy, MA 02169
$1,150,000
$1,249,999 8.0%
Est. payment /mo
6 Beds
5 Baths
3,540 SqFt

UPDATED:

Key Details

Sold Price $1,150,000

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 3,540 sqft

Price per Sqft $324

MLS Listing ID 73454150

Sold Date 05/01/26

Bedrooms 6

Full Baths 5

Year Built 1830

Annual Tax Amount $11,233

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

Exceptional opportunity to acquire a five-unit multifamily property ideally located near Quincy Center. Situated just a half mile from the Quincy Center MBTA station, this property offers unmatched access to public transportation, major highways, shopping, dining, and city amenities.The property features five residential units with strong value-add potential. One unit has been recently renovated and is currently rented for $2,490, providing an excellent example of the quality and aesthetic that can be achieved throughout the building. The remaining units present an opportunity for investors to increase income through additional improvements and rent optimization. With its desirable central location, accessibility, and long-term rental demand, 83–85 Water Street represents an ideal investment for both seasoned investors and those seeking to expand their portfolio in a thriving market. Currently Grossing $126,480.00 with potential to gross $152,736.00 once all units are stabilized.

Location

State MA

County Norfolk

Area Quincy Center

Zoning RESB

Direction Off Quincy Ave.

Rooms

Basement Unfinished

Exterior

Garage Spaces 1.0

Total Parking Spaces 4

Garage Yes

Building

Lot Description Corner Lot

Story 6

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Stony Brook & Lennox Realty Advisors
Bought with Tam Hau • Bridgepoint Realty LLC

Nearby Locations

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81-85 Water St

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