Duplex with Full
For Sale
$1,100,000
11 Conrad St, Quincy, MA 02169
Vacant two-family property with off-street parking, backyard space, and access to Quincy’s transit, highways, shops, and dining.
Property Size1,924 SF
Price / SF$571.73
Days on Market123
Property Features for 11 Conrad St
General Information
Standard status
Active
Size
1,924 SF
Total Parking Spaces
8
Property subtype
Multi-Family
Zoning
RESA
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,226
Building Details
Building Size
1,924 SF
Year Built
1890
Stories
3
Listing Agency:
eXp Realty LLC - Corporate Office
(888) 854-7493
Listed By:
Alexa Holmes
(617) 413-5211
Source:
Churchillprop
Added: Jun 15
Changed: Oct 6
Last Checked: Oct 14 at 9:14PM
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 eXp Realty LLC - Corporate Office
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Investment Insights
Based on property information with market context.
This 1924-square-foot duplex at 11 Conrad St in Quincy, Massachusetts, was built in 1890 and is currently vacant. The property contains 5 bedrooms and 2.5 bathrooms, along with a full basement, off-street parking, and a backyard. Zoning is RESA, and the two-family layout provides flexibility for separate household occupancy or an owner-occupied arrangement.
The home is located in the Penn’s Hill neighborhood, directly across from the Abigail Adams Cairn, a stone monument dating to 1896. Quincy Adams Station, highways, shops, and dining are all described as just minutes away, connecting the property’s historic setting with nearby transportation and everyday conveniences.
The home is located in the Penn’s Hill neighborhood, directly across from the Abigail Adams Cairn, a stone monument dating to 1896. Quincy Adams Station, highways, shops, and dining are all described as just minutes away, connecting the property’s historic setting with nearby transportation and everyday conveniences.
Key Highlights
- 1924 square feet with 5 bedrooms and 2.5 bathrooms
- Two‑family layout with full basement
- Vacant at delivery for immediate occupancy planning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,489
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,780
$649.8K
Cap Rate 7%
$464,129
$464.1K
Cap Rate 9%
$360,989
$361.0K
Market Conditions
NOI Build-Up for 1,924 SF
Gross rent
$49.6K $25.80/SF
− Vacancy
−$3.2K −$1.68/SF
EGI
$46.4K $24.12/SF
− OpEx
−$13.9K −$7.24/SF
NOI
$32.5K $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%
$649,780
Cap Rate 7%
$464,129
Cap Rate 9%
$360,989
Alternative Uses
Best Use
Multifamily LT 5
$464.1K
$406.1K – $541.5K
NOI $32,489 @ 7.0% cap · market cap 2.95%
Second Best
Apartment 5plus
$426.3K
$373.0K – $497.4K
NOI $29,841 @ 7.0% cap · market cap 2.71%
Theoretical Best
Office A
$1.14M
$995.1K – $1.33M
NOI $79,607 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
506
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Vacant two-family property with off-street parking, backyard space, and access to Quincy’s transit, highways, shops, and dining.
Where is this duplex located?
The property is located at 11 Conrad St Quincy, MA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 1924 square feet with 5 bedrooms and 2.5 bathrooms; Two‑family layout with full basement; Vacant at delivery for immediate occupancy planning
