81-85 Water St, Quincy, MA 02169
81-85 Water St, Quincy, MA 02169,Video Tour
81-85 Water St, Quincy, MA 02169
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BHRE Brad Hutchinson Real Estate

BHRE Brad Hutchinson Real Estate

+1(781) 665-2222
$1,249,999
Est. payment /mo
6 Beds
5 Baths
3,540 SqFt

UPDATED:

Key Details

Property Type Multi-Family

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

Listing Status Pending

Purchase Type For Sale

Square Footage 3,540 sqft

Price per Sqft $353

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 $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 Gjikondi Realty

NEARBY SCHOOLS & PROPERTIES

BHRE Brad Hutchinson Real Estate

At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts, 02176, United States

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81-85 Water St