81-85 Water St, Quincy, MA 02169

Local realty services provided by:ERA Hart Sargis-Breen Real Estate
81-85 Water St,Quincy, MA 02169
$1,249,999
  • 6 Beds
  • 5 Baths
  • 3,540 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, Mar 21
    01:00 pm - 03:00 pm
Listed by: egi gjikondi, kristi gjikondi
Office: gjikondi realty
MLS#:73454150
Source:MLSPIN

Price summary

  • Price:$1,249,999
  • Price per sq. ft.:$353.11

About this home

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.

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Home facts

  • Year built:1830
  • Listing ID #:73454150
  • Updated:March 14, 2026 at 10:48 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:16
  • Basement Description:Unfinished
  • Living area:3,540 sq. ft.

Structure and exterior

  • Year built:1830
  • Building area:3,540 sq. ft.
  • Lot area:0.07 Acres
  • Lot Features:Corner Lot

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,249,999
  • Price per sq. ft.:$353.11
  • Tax amount:$11,233 (2025)

Parking

  • Total parking spaces:3
  • Parking description:Off Street
  • Garage:Yes
  • Garage spaces:1
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