1227 Sea, Quincy, MA

$799,000

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6

Beds

2

Baths

1,716

Square feet

0.03

Acres

About 1227 Sea

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 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 and new vinyl siding. Has central heating systems. NOT in a flood zone! Separate utilities, low operating expenses, and a full basement with potential for additional tenant storage income make this an exceptional investment opportunity. OPEN HOUSE 11am-12:30pm Saturday August 15th.

Features of 1227 Sea

MLS® # 73546136
Price $799,000
Bedrooms 6
Bathrooms 2.00
Full Baths 2
Square Footage 1,716
Acres 0.03
Year Built 1910
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 1227 Sea
City Quincy
County Norfolk
State MA
Zip Code 02169

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No
# of Stories 2
Stories 2

Exterior

Lot Description Corner Lot
Foundation Stone

Additional Information

Zoning BUSB

Listing Details

Agent Kinga Auguste
Office Stuart St James, Inc.

Listing Map

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