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About this property
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.
Property details
| Units | 5 |
| Living area | 3,540 sqft |
| Lot size | 2,977 sqft |
| Year built | 1830 |
| Price / sqft | $325 |
| County | Norfolk |
| MLS # | 73454150 |
Location
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 81-85 Water St, Quincy MA 02169 have?
It is a 5-unit multi-family property with 3,540 sqft of living area, built in 1830.
What is the price per unit?
At a list price of $1,249,999 across 5 units, that works out to roughly $250,000 per unit.
What is the price per square foot?
At $1,249,999 for 3,540 sqft, that's about $325 per square foot.
Where is this property located?
81-85 Water St, Quincy MA 02169 is in Quincy, Norfolk County, MA 02169.
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