Two-Family Residential Income
For Sale
$819,900
153-155 Vassall St, Quincy, MA 02170
Two-family home with a finished basement, attached garage, and large backyard for flexible use.
Property Size2,200 SF
Price / SF$372.68
Days on Market209
Property Features for 153-155 Vassall St
General Information
Standard status
Active
Size
2,200 SF
Total Parking Spaces
5
Property subtype
Multi-Family
Zoning
RES-B
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,382
Amenities
attached garage
large backyard
Building Details
Building Size
2,200 SF
Year Built
1925
Stories
2
Listing Agency:
Thread Real Estate, LLC
(781) 728-9689
Listed By:
Henry Li · License #9518359
(617) 538-2333
Source:
Churchillprop
Added: Mar 28
Changed: Oct 6
Last Checked: Oct 20 at 6:10PM
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 Thread Real Estate, LLC
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Investment Insights
Based on property information with market context.
This two-family duplex at 153-155 Vassall Street includes two separate residential units within a single structure. The first-floor unit features direct access to a finished basement, creating additional interior space that can support a variety of household uses. The second-floor unit is described as cozy and efficient. The property also includes an attached garage and a very large backyard.
The location is described as North Quincy, with access to Hancock Street shopping, dining, and restaurants, and proximity to Wollaston Beach. Commuting options are noted with MBTA Red Line stations available within a walk.
As presented, the layout supports both owner occupancy and rental income, with the finished basement and large outdoor area adding functional flexibility for day-to-day living.
The location is described as North Quincy, with access to Hancock Street shopping, dining, and restaurants, and proximity to Wollaston Beach. Commuting options are noted with MBTA Red Line stations available within a walk.
As presented, the layout supports both owner occupancy and rental income, with the finished basement and large outdoor area adding functional flexibility for day-to-day living.
Key Highlights
- Two‑family home built in 1925
- Finished basement with direct access from the first‑floor unit
- Attached garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,149
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$742,980
$743.0K
Cap Rate 7%
$530,700
$530.7K
Cap Rate 9%
$412,767
$412.8K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$56.8K $25.80/SF
− Vacancy
−$3.7K −$1.68/SF
EGI
$53.1K $24.12/SF
− OpEx
−$15.9K −$7.24/SF
NOI
$37.1K $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%
$742,980
Cap Rate 7%
$530,700
Cap Rate 9%
$412,767
Alternative Uses
Best Use
Multifamily LT 5
$530.7K
$464.4K – $619.2K
NOI $37,149 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$487.5K
$426.5K – $568.7K
NOI $34,122 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,027 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
718
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-family home with a finished basement, attached garage, and large backyard for flexible use.
Where is this duplex located?
The property is located at 153-155 Vassall St Quincy, MA.
What is the asking price?
The asking price for this property is $819,900.
What are key features of this property?
This property features: Two‑family home built in 1925; Finished basement with direct access from the first‑floor unit; Attached garage
