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Two-Family Residential Income Property

165 Whitwell Street Quincy, MA 02169

165 Whitwell Street, Quincy, MA, 02169
$975,000
For Sale
$975,000

Two well-maintained units with eat-in kitchens, gas cooking, hardwood floors, and separate outdoor decks, plus a detached 2-car garage.

Property Size2,219 SF
Price / SF$439.39
Days on Market140

Property Features for 165 Whitwell Street

General Information

Standard status
Active
Size
2,219 SF
Property subtype
Multi-family

Building Details

Year Built
1897
Listing agency V & E Realty
Listed by Derek Wong
Source Cabotandcompany
Added: Mar 4 Updated: Jul 22 at 1:00AM Checked: Jul 22 at 6:37AM

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 V & E Realty


Investment Insights

Based on property information with market context.

A beautifully maintained two-family home offering two distinct layouts. The first-floor unit features 4 rooms with a spacious eat-in kitchen. The second unit spans the second and third floors with 7 rooms, including two additional rooms in a finished attic space. Both units include eat-in kitchens with stainless steel appliances, ample cabinetry, and gas cooking, along with gleaming hardwood floors. Outdoor living is supported by a front porch and separate rear decks for each unit.

The home includes a large basement with laundry and a desirable walk-out lower level. Vinyl siding and a well-kept interior round out the property’s overall presentation.

Parking is available via a detached 2-car garage and a paved driveway that can accommodate up to 3 additional tandem spaces. The property is located near Quincy Center T, shopping, dining, and everyday conveniences.

Key Highlights

  • Two‑family home built in 1897 with two separate unit living areas
  • First‑floor unit has 4 rooms and an eat‑in kitchen with stainless steel appliances
  • Second unit spans 2nd and 3rd floors with 7 rooms plus finished attic space

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $57.3k $25.80
− Vacancy −$3.7k −$1.68
EGI $53.5k $24.12
− OpEx −$16.1k −$7.24
NOI $37.5k $16.89
2,219 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$535.3K
$468.4K – $624.5K (±1% cap)
NOI $37,470 @ 7.0% cap · market cap 3.84%
Second Best
Apartment 5plus
$491.7K
$430.2K – $573.6K (±1% cap)
NOI $34,417 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M (±1% cap)
NOI $91,813 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Food Market Garden Center Bakery Grocery & Convenience Store Locksmith Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Cosmetic Store Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two well-maintained units with eat-in kitchens, gas cooking, hardwood floors, and separate outdoor decks, plus a detached 2-car garage.
Where is this duplex located?
The property is located at 165 Whitwell Street Quincy, MA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two‑family home built in 1897 with two separate unit living areas; First‑floor unit has 4 rooms and an eat‑in kitchen with stainless steel appliances; Second unit spans 2nd and 3rd floors with 7 rooms plus finished attic space
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