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Renovated Duplex with Parking

10-12 Cranch St, Quincy, MA 02169

For Sale
$910,000
Pending

Two-level duplex with updated roofing, basement laundry, and flexible occupancy options.

Property Size2,378 SF
Days on Market53

Property Features for 10-12 Cranch St

General Information

Standard status Pending
Size 2,378 SF
Total Parking Spaces 3
Property subtype Residential Income
Zoning RESB
Net Operating Income $42,000

Units

Unit Mix 2 x 3BR
Multifamily Units 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $10,152

Amenities

laundry units
high ceiling basement
off-street parking

Building Details

Building Size 2,378 SF
Year Built 1920
Buildings 1
Stories 2
Listing Agency: Central Real Estate
Listed By: Helen Mach · License MA #455013352
Source: 413realestate
Added: Sep 22 Changed: Nov 6 Last Checked: Nov 12 at 4:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Central Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This two-family residence, built in 1920, is arranged as an upper and lower unit, each with three bedrooms and an open connection between the living, dining, and kitchen areas. The property has a newer roof, a high-ceiling basement with laundry equipment, and side parking for 2–3 cars. It is being offered in as-is condition.

Located at 10-12 Cranch St in Quincy, the property is near STAR Market, local shops, and the Quincy T station. The building may be delivered vacant at closing, or tenants may remain in unit 1. One laundry set may require repair or may not be functional.

Key Highlights

  • Two‑family property with an upper and lower unit
  • Each unit includes 3 bedrooms and an open living, dining, and kitchen layout
  • New roof installed one year ago

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,155
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,100 $803.1K
Cap Rate 7%
$573,643 $573.6K
Cap Rate 9%
$446,167 $446.2K
Market Conditions
NOI Build-Up for 2,378 SF
Gross rent
$61.4K $25.80/SF
− Vacancy
−$4.0K −$1.68/SF
EGI
$57.4K $24.12/SF
− OpEx
−$17.2K −$7.24/SF
NOI
$40.2K $16.89/SF
Area
Quincy, MA
Vacancy
6.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,100
Cap Rate 7%
$573,643
Cap Rate 9%
$446,167

Alternative Uses

Best Use
Multifamily LT 5
$573.6K
$501.9K – $669.3K (±1% cap)
NOI $40,155 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$526.9K
$461.0K – $614.7K (±1% cap)
NOI $36,883 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,392 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,834
Businesses Nearby

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

Average Price Trend$/SF for Duplexes in Quincy, MA

$428 Jul
$456 Aug
$439 Sep
$433 Oct

Properties on Market for Duplexes in Quincy

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-level duplex with updated roofing, basement laundry, and flexible occupancy options.
Where is this duplex located?
The property is located at 10-12 Cranch St Quincy, MA.
What is the asking price?
The asking price for this property is $910,000.
What are key features of this property?
This property features: Two‑family property with an upper and lower unit; Each unit includes 3 bedrooms and an open living, dining, and kitchen layout; New roof installed one year ago
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