Two-Unit Residential
New
For Sale
$949,999
69-71 Quincy Shore Dr, Quincy, MA 02171
Both homes include two bedrooms, distinct heating systems, and individual utility meters.
Property Size2,480 SF
Days on Market7
Property Features for 69-71 Quincy Shore Dr
General Information
Standard status
Active
Size
2,480 SF
Total Parking Spaces
3
Property subtype
Multifamily
Taxes and HOA fees
Annual Taxes
$10,781
Building Details
Building Size
2,480 SF
Year Built
1930
Listing Agency:
FC Realty Group
Listed By:
Colleen Foulsham
(857) 939-0144
Source:
Classifiedrealtygroup
Added: Sep 29
Changed: Sep 30
Last Checked: Oct 4 at 7:02AM
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 FC Realty Group
Investment Insights
Based on property information with market context.
Built in 1930, this duplex contains two homes, each arranged with two bedrooms, an eat-in kitchen, formal dining room, living room, and an additional bonus room. The residences have individual utility meters and separate heating systems. Off-street parking is provided behind the property.
The property is on Quincy Shore Drive, near the Neponset Bridge, with access to Boston. Wollaston Beach is within walking distance.
The property is on Quincy Shore Drive, near the Neponset Bridge, with access to Boston. Wollaston Beach is within walking distance.
Key Highlights
- Two residences, each with two bedrooms, an eat‑in kitchen, dining room, living room, and bonus room
- Separate utility meters and heating systems for each home
- Rear off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,878
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$837,560
$837.6K
Cap Rate 7%
$598,257
$598.3K
Cap Rate 9%
$465,311
$465.3K
Market Conditions
NOI Build-Up for 2,480 SF
Gross rent
$64.0K $25.80/SF
− Vacancy
−$4.2K −$1.68/SF
EGI
$59.8K $24.12/SF
− OpEx
−$17.9K −$7.24/SF
NOI
$41.9K $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%
$837,560
Cap Rate 7%
$598,257
Cap Rate 9%
$465,311
Alternative Uses
Best Use
Multifamily LT 5
$598.3K
$523.5K – $698.0K
NOI $41,878 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$549.5K
$480.8K – $641.1K
NOI $38,465 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,612 @ 7.0% cap · market cap 10.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
Explore this area
Business Placement
Demographics for 02171, MA
19,539
Population
9,513
Households
2.1
Avg Household Size
41
Median Age
52%
College-Educated
88%
High-School Grad
2.5 sq mi
ZIP Area
7,816
Density / Sq Mi
$104,992
Median Household Income
$58,835
Median Earnings
$2,281
Median Rent
$630,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Both homes include two bedrooms, distinct heating systems, and individual utility meters.
Where is this duplex located?
The property is located at 69-71 Quincy Shore Dr Quincy, MA.
What is the asking price?
The asking price for this property is $949,999.
What are key features of this property?
This property features: Two residences, each with two bedrooms, an eat‑in kitchen, dining room, living room, and bonus room; Separate utility meters and heating systems for each home; Rear off‑street parking
