Quincy Multifamily Investment
For Sale
$1,599,000
Pending
1225 Sea St, Quincy, MA 02169
MULTI_FAMILY - Quincy, MA
Property Size3,348 SF
Lot Size0.20 Acres
Days on Market69
Property Features for 1225 Sea St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
BUSB
Bedrooms
11
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 4, Bedroom 8, Bedroom 2, Bedroom 9, Bedroom 11, Bedroom 6, Bathroom 2, Bathroom 6, Bedroom 1, Bathroom 1, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 10, Bedroom 3, Bedroom 7, Bathroom 5
Parking
10
Directions
QSD or Southern Artery to Sea Street on the corner of Thomas.
Standard status
Pending
APN
M:1011 B:18 L:5,171067
Size
3,348 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
13226
Building Details
Year built
1970
Floors in Building
5
Number of units
6
Listing Agency:
RE/MAX Realty Pros · RE/MAX International
(617) 328-3200
Listed By:
John Cummings
(617) 328-3200
Added: May 24
Changed: Jul 29
Last Checked: Jul 31 at 11:06AM
MLS# 73523382
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 classic six-family building is located in the Houghs Neck neighborhood of Quincy. The well-maintained building features five two-bedroom units and one one-bedroom unit. Tenants are responsible for their own heat and electricity expenses. Additional features include coin-operated laundry facilities in the lower level and off-street parking. A bus stop providing access to the Quincy Center MBTA station is conveniently located in front of the property. The property is within a short walk to parks, the beach, and boating opportunities, offering the advantages of living in a peninsula community. Situated on a lot of 0.2025 acres, the property is zoned BUSB and has a building size of 3348 square feet. This property presents a solid investment opportunity.
Key Highlights
- Well‑maintained 6‑family building built in 1970 in Quincy’s Houghs Neck neighborhood
- Unit mix: 5 two‑bedroom units and 1 one‑bedroom unit
- Coin‑operated laundry available in the lower level
Financial Insights For Apartment 5plus
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 | $100.4k | $30.00 |
| − Vacancy | −$6.0k | −$1.80 |
| EGI | $94.4k | $28.20 |
| − OpEx | −$42.5k | −$12.69 |
| NOI | $51.9k | $15.51 |
3,348 SF · lease $30.00/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$741.8K
$649.1K – $865.5K
NOI $51,927 @ 7.0% cap · market cap 3.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,527 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Explore this area
Business Placement
Demographics for 02169, MA
62,140
Population
30,198
Households
2.1
Avg Household Size
39
Median Age
48%
College-Educated
92%
High-School Grad
12.1 sq mi
ZIP Area
5,136
Density / Sq Mi
$92,080
Median Household Income
$60,166
Median Earnings
$1,975
Median Rent
$552,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Classic six-family building in Quincy's Houghs Neck neighborhood.
Where is this apartment building located?
The property is located at 1225 Sea St Quincy, MA.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Well‑maintained 6‑family building built in 1970 in Quincy’s Houghs Neck neighborhood; Unit mix: 5 two‑bedroom units and 1 one‑bedroom unit; Coin‑operated laundry available in the lower level
