81-85 Water St Active Save Request In-Person Tour Request Virtual Tour
Quincy,MA 02169
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 3,540 sqft
Price per Sqft $352
MLS Listing ID 73454150
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 $113,280.00 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
Virtual Tour https://my.matterport.com/show/?m=ydwsuxq29rb3kg25tuwfaxzfa