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 market 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, new vinyl siding, and central heating systems. Separate utilities, low operating expenses, and a full basement with potential for additional tenant storage income make this an exceptional investment opportunity. See attached financial breakdown. Open house Saturday & Sunday 11AM-1PM.
Open House: July 11th 11:00-1:00pm
| MLS Listing ID: | 73546136 |
|---|---|
| Listing Price: | $849,000 |
| Listing Status: | New [?] |
| Property Type: | Multi Family |
| Bedrooms: | 6 |
| Full Baths: | 2 |
| Living Space: | 1716 sf. |
| Lot Size: | 0.03 acres (1304 sf.) |
| Parking: | - |
| Taxes: | $5,865.00 |
| Tax Year: | 2025 |
Listing Current as of July 09, 2026 10:00am
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