Two-Family Residential
113 Elm Ave Quincy, MA 02170
113 Elm Ave, Quincy, MA, 02170
$1,139,000
For Sale
Under Contract
$1,139,000
MULTI_FAMILY - Quincy, MA
Property Size2,790 SF
Lot Size0.13 Acres
Price / SF$408.24
Days on Market34
Property Features for 113 Elm Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RESB
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 6, Bathroom 1, Bedroom 4
- Parking
- 6
- Fireplace
- 1
- Standard status
- Active Under Contract
- APN
- 186621
- Size
- 2,790 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10353
Building Details
- Year built
- 1928
- Floors in Building
- 3
- Number of units
- 2
Listing Agency
Keller Williams Realty
(781) 843-3200
29 Commercial Street, Braintree, MA
Listed by
Steve Zeboski
(781) 843-3200
Added: Jun 18 Updated: Jul 12 at 12:54 am Checked: Jul 21 at 2:06 am
MLS# 73538134
Listing URL
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-family residential building offers two well-appointed units with abundant natural light and classic architectural details. One highlight is a renovated kitchen featuring white shaker cabinetry, quartz countertops, and stainless-steel appliances. The property also includes a detached garage and off-street parking, plus a corner lot layout.
The listing notes that the open house has been canceled and that an offer has been accepted. The home is located in Quincy’s Wollaston area, with proximity to Wollaston Beach, Quincy Center, and the MBTA Red Line for access toward Boston.
With 2,790 square feet of total property size, the configuration is designed for either owner-occupancy with rental income or investment ownership, depending on buyer preference.
The listing notes that the open house has been canceled and that an offer has been accepted. The home is located in Quincy’s Wollaston area, with proximity to Wollaston Beach, Quincy Center, and the MBTA Red Line for access toward Boston.
With 2,790 square feet of total property size, the configuration is designed for either owner-occupancy with rental income or investment ownership, depending on buyer preference.
Key Highlights
- Two‑family home built in 1928 in Quincy’s Wollaston neighborhood
- Renovated kitchen with white shaker cabinetry, quartz countertops, and stainless‑steel appliances
- Fireplace available (FireplaceYN: true)
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.0k | $25.80 |
| − Vacancy | −$4.7k | −$1.68 |
| EGI | $67.3k | $24.12 |
| − OpEx | −$20.2k | −$7.24 |
| NOI | $47.1k | $16.89 |
2,790 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$673.0K
$588.9K – $785.2K
NOI $47,112 @ 7.0% cap · market cap 4.14%
Second Best
Apartment 5plus
$618.2K
$540.9K – $721.2K
NOI $43,273 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,439 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-family home with renovated kitchens, off-street parking, and a detached garage on a corner lot.
Where is this duplex located?
The property is located at 113 Elm Ave Quincy, MA.
What is the asking price?
The asking price for this property is $1,139,000.
What are key features of this property?
This property features: Two‑family home built in 1928 in Quincy’s Wollaston neighborhood; Renovated kitchen with white shaker cabinetry, quartz countertops, and stainless‑steel appliances; Fireplace available (FireplaceYN: true)
