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355 Boylston St / (617) 233-5800

81-85 Water St

Quincy Center - Quincy, MA ID #73454150

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81-85 Water St

Quincy Center - Quincy, MA ID #73454150

Property Description

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - 5+ Units Up/Down
  • Area: Quincy Center
  • Zip Code: 02169
  • Taxes: 11,233
  • Levels: 6
  • Acres: 0.07

Parking

  • Garage: 1
  • Garage Capacity: 3
  • Parking: Off Street
  • Parking Spaces: 3

Rooms/Dimensions

  • Total Units: 5
  • Total Floors: 6
  • Total Rooms: 16

Location

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81-85 Water St, Quincy, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Egi Gjikondi of Gjikondi Realty. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.