81-85 Water St Quincy MA 02169 MLS #73454150

81-85 Water St
Quincy, MA, 02169
$1,249,999
6 Beds
5 Baths
3,540 SqFt
0.07 Acres
$1,249,999
81-85 Water St
Quincy, MA, 02169
Open House Mar 21, 2026
01:00 – 03:00
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

Price:
$1,249,999
MLS #:
73454150
Status:
Active
Beds:
6
Baths:
5
Address:
81-85 Water St
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Neighborhood:
quincycenter
City:
Quincy
Listed Date:
Nov 12, 2025
State:
MA
Finished Sq Ft:
3,540
Total Sq Ft:
3,540
ZIP:
02169
Lot Size:
2,977 sqft / 0.07 acres (approx)
Year Built:
1830
Units:
5

Schools

Interior

Bathrooms
5 Full Bathrooms

Exterior

Parking Features
Off Street
Parking Spots
3

Financial

Net Operating Income
$83,400
Tax Year
2025
Taxes
$11,233
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Courtesy of Broad Street Boutique Realty LLC. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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81-85 Water St
Quincy, MA