1227 Sea, Quincy $799,000
Sale Type: For Sale Ft2: 1,716 Lot Size: 1,304 Ref #: 73546136
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Category: Multi Family Home
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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.
Details
- Ft2
- 1,716
- Lot Size
- 1,304
- Tax
- $5,865
Listing provided courtesy of Kinga Auguste, Stuart St James, Inc.



