Updated Four-Unit
183 Whitwell Street Quincy, MA 02169
183 Whitwell Street, Quincy, MA, 02169
$1,680,000
For Sale
$1,680,000
Turnkey quadplex featuring four 2-bedroom units with in-unit laundry, central A/C, private decks, and off-street parking.
Property Size3,200 SF
Price / SF$525
Days on Market53
Property Features for 183 Whitwell Street
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1925
Listing agency
Blue Ocean Realty,LLC
(857) 207-7579
Listed by
Rose Hall
Source
Milburyre
Added: May 30 Updated: Jul 21 at 2:13AM Checked: Jul 21 at 6:47AM
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 Blue Ocean Realty,LLC
Investment Insights
Based on property information with market context.
Turnkey four-unit multifamily (quadplex) offering four spacious 2-bedroom, 1-bathroom units. Each unit includes updated finishes such as hardwood flooring, stainless steel appliances, central A/C, and an in-unit washer and dryer, along with a private deck. The property also includes a large yard, common basement storage, and six off-street parking spaces.
Located in a Hospital Hill area of Quincy, the property is approximately 0.5 miles from Quincy Center with Red Line access, providing convenient commuting options into Boston. It is also described as close to local restaurants, shopping, and entertainment.
This configuration is well-suited to an investor or owner-occupant seeking a fully updated, income-producing multifamily with dedicated outdoor space and parking for tenants.
Located in a Hospital Hill area of Quincy, the property is approximately 0.5 miles from Quincy Center with Red Line access, providing convenient commuting options into Boston. It is also described as close to local restaurants, shopping, and entertainment.
This configuration is well-suited to an investor or owner-occupant seeking a fully updated, income-producing multifamily with dedicated outdoor space and parking for tenants.
Key Highlights
- Turnkey quadplex in Hospital Hill/Quincy with four spacious 2‑bedroom, 1‑bath units
- Each unit features hardwood flooring, stainless steel appliances, central A/C, and in‑unit washer and dryer
- Private decks for all four units
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 | $82.6k | $25.80 |
| − Vacancy | −$5.4k | −$1.68 |
| EGI | $77.2k | $24.12 |
| − OpEx | −$23.2k | −$7.24 |
| NOI | $54.0k | $16.89 |
3,200 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$771.9K
$675.5K – $900.6K
NOI $54,036 @ 7.0% cap · market cap 3.22%
Second Best
Apartment 5plus
$709.0K
$620.4K – $827.2K
NOI $49,632 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$1.89M
$1.66M – $2.21M
NOI $132,403 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Beeline Plumbing Services
Plumbing Service
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FAQs
What type of property is this?
Quadplex - Turnkey quadplex featuring four 2-bedroom units with in-unit laundry, central A/C, private decks, and off-street parking.
Where is this quadplex located?
The property is located at 183 Whitwell Street Quincy, MA.
What is the asking price?
The asking price for this property is $1,680,000.
What are key features of this property?
This property features: Turnkey quadplex in Hospital Hill/Quincy with four spacious 2‑bedroom, 1‑bath units; Each unit features hardwood flooring, stainless steel appliances, central A/C, and in‑unit washer and dryer; Private decks for all four units
