4-Unit Apartment
10-16 Ebbett Avenue, Quincy, MA 02170
For Sale
New
$1,150,000
Each residence has distinct living and dining areas, a bedroom, kitchen, bath, and enclosed porch.
Property Size3,016 SF
Price / SF$381.30
Days on Market4
Property Features for 10-16 Ebbett Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Occupancy
Site & Location
Public Transit
Utilities to Site
Units
Multifamily Units
Individually Metered Utilities
Additional Details
Tenant in Place
Amenities
coin-operated laundry machines
Building Details
Year Built
Listing Agency:
Marcus & Millichap Real Estate Investment Services
Listed By:
Tony Pepdjonovic · License #(S):MA:9525302
(617) 429-2031
Source:
Inrealtyinc
Added: Nov 3
Changed: Nov 6
Last Checked: Nov 6 at 9:39AM
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 Marcus & Millichap Real Estate Investment Services
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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.
Built in 1920, this four-apartment property has a consistent layout throughout: each residence contains a living room, dining room, kitchen, bedroom, bathroom, and enclosed porch. The building is fully leased and includes coin-operated laundry equipment and six off-street parking spaces. Gas heat, hot water, and electricity are separately metered, with tenants responsible for those utilities.
At 10-16 Ebbett Avenue in Quincy, the property is less than a mile from Wollaston Beach and is convenient to Marina Bay and the Red Line.
At 10-16 Ebbett Avenue in Quincy, the property is less than a mile from Wollaston Beach and is convenient to Marina Bay and the Red Line.
Key Highlights
- Four apartments, all currently leased
- Six off‑street parking spaces
- Coin‑operated laundry machines on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,928
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,018,560
$1.0M
Cap Rate 7%
$727,543
$727.5K
Cap Rate 9%
$565,867
$565.9K
Market Conditions
NOI Build-Up for 3,016 SF
Gross rent
$77.8K $25.80/SF
− Vacancy
−$5.1K −$1.68/SF
EGI
$72.8K $24.12/SF
− OpEx
−$21.8K −$7.24/SF
NOI
$50.9K $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%
$1,018,560
Cap Rate 7%
$727,543
Cap Rate 9%
$565,867
Alternative Uses
Best Use
Multifamily LT 5
$727.5K
$636.6K – $848.8K
NOI $50,928 @ 7.0% cap · market cap 4.43%
Second Best
Apartment 5plus
$668.3K
$584.7K – $779.6K
NOI $46,778 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,790 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
653
Businesses Nearby
Explore this area
Business Placement
Demographics for 02170, MA
19,950
Population
8,471
Households
2.4
Avg Household Size
39
Median Age
46%
College-Educated
86%
High-School Grad
2.1 sq mi
ZIP Area
9,500
Density / Sq Mi
$101,840
Median Household Income
$54,561
Median Earnings
$1,801
Median Rent
$661,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has distinct living and dining areas, a bedroom, kitchen, bath, and enclosed porch.
Where is this quadplex located?
The property is located at 10-16 Ebbett Avenue Quincy, MA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Four apartments, all currently leased; Six off‑street parking spaces; Coin‑operated laundry machines on site
