Two-Family Residential Income
165 Whitwell Street Quincy, MA 02169
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 Market141
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
(617) 262-6200
Source:
Cabotandcompany
Added: Mar 4
Changed: Jul 22
Last 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.
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
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
NOI $37,470 @ 7.0% cap · market cap 3.84%
Second Best
Apartment 5plus
$491.7K
$430.2K – $573.6K
NOI $34,417 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
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
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