81-85 Water St, Quincy MA 02169

Quincy, MA 02169 • Quincy Center
$1,248,999
Est. $7,452/month
6
Beds
5
Baths
3,540
Sq Ft
$353
Price/Sq Ft
0.07
Acres
1830
Year Built
23
Days on Market
Active Price Drop -$1,000 Open House Listed Nov 12, 2025 • MLS# 73454150 Copied!

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 $113,280.00 with potential to gross $152,736.00 once all units are stabilized.

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1830
Bedrooms
6
Full Bathrooms
5
Living Area
3,540 sq ft
Total Rooms
16
Stories
6
Levels
6

Open House Schedule

06
Dec
Saturday, December 6
1:00 PM - 2:00 PM EST

Facts & Features

1 Car Garage

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1830
Living Area 3,540 sq ft
Lot Size 0.07 acres
Bedrooms 6
Full Baths 5
Total Rooms 16

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Unfinished
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Off Street
Total Spaces 3

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $11,233
Assessed Value $974,200

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1830
Structure Type:
Exterior Materials:
Roof:
Foundation: Other
Stories: 6

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 3
Parking Features: Off Street

Location

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Neighborhood

Quincy Center

81-85 Water St, Quincy MA 02169

Quincy, MA 02169

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $936
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Nov 12, 2025
$1,248,999
Original listing
Agent: Egi Gjikondi Office: Gjikondi Realty

Price & Status History

Date Event Price Change
Nov 12, 2025 New Listing Added $1,248,999

Market Statistics

Days on Market
23 days
Price per Sq Ft
$353
Total Price Drop
-$1,000

Tax History

Year Taxes Assessment
2025 $11,233 $974,200

Financial Details

Annual Property Tax
$11,233
Tax Year 2025
Assessed Value
$974,200

Listing Information

Listing Agent Egi Gjikondi
Listing Office Gjikondi Realty
Agent MLS ID CN237918
Office MLS ID AN8150
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Quincy, MA

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