Townhouse-Style Two-Family
20-22 Cyril Street Quincy, MA 02169
20-22 Cyril Street, Quincy, MA, 02169
$950,000
For Sale
$950,000
Two-family residence with finished lower level, two driveways, and direct outdoor access.
Property Size3,360 SF
Price / SF$282.74
Days on Market49
Property Features for 20-22 Cyril Street
General Information
- Standard status
- Active
- Size
- 3,360 SF
- Property subtype
- Multi-family / 2 Family - 2 Units Side by Side
Building Details
- Year Built
- 1985
Listing agency
Northeast Realty, LLC
(781) 780-7850
Listed by
Peggy Adams · License #0792512
(781) 780-7850
Source
Compass
Added: Jun 3 Updated: Jul 20 at 4:59PM Checked: Jul 21 at 6:51AM
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 Northeast Realty, LLC
Investment Insights
Based on property information with market context.
This large two-family home offers townhouse-style living across multiple levels. The first floor includes a spacious kitchen, dining room, living room, and a powder room, with a slider leading to a deck and a large bay window for natural light. The second floor features three good-sized bedrooms, a full bath, and a laundry area.
The finished lower level adds meaningful flexibility, including a full bath, a bedroom, laundry hook-ups, and direct access to the outdoors. Fresh paint has been completed throughout, with new LVP and new rug in the owner’s unit. The exterior is low-maintenance with a vinyl and brick finish.
Two driveways provide ample off-street parking for up to eight vehicles. Located on a dead-end street in an area seeing new construction, the property is near area amenities and bus stops, and is a short distance from Victory Park, with Mound Street Beach about one mile away.
The finished lower level adds meaningful flexibility, including a full bath, a bedroom, laundry hook-ups, and direct access to the outdoors. Fresh paint has been completed throughout, with new LVP and new rug in the owner’s unit. The exterior is low-maintenance with a vinyl and brick finish.
Two driveways provide ample off-street parking for up to eight vehicles. Located on a dead-end street in an area seeing new construction, the property is near area amenities and bus stops, and is a short distance from Victory Park, with Mound Street Beach about one mile away.
Key Highlights
- Two‑family home with townhouse‑style units plus a finished walk‑out lower level with direct outdoor access
- Two driveways providing parking for up to 8 vehicles
- Exterior includes deck and fenced yard with rain gutters
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 | $86.7k | $25.80 |
| − Vacancy | −$5.6k | −$1.68 |
| EGI | $81.1k | $24.12 |
| − OpEx | −$24.3k | −$7.24 |
| NOI | $56.7k | $16.89 |
3,360 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$810.5K
$709.2K – $945.6K
NOI $56,737 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$744.5K
$651.4K – $868.6K
NOI $52,114 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,023 @ 7.0% cap · market cap 14.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family residence with finished lower level, two driveways, and direct outdoor access.
Where is this duplex located?
The property is located at 20-22 Cyril Street Quincy, MA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two‑family home with townhouse‑style units plus a finished walk‑out lower level with direct outdoor access; Two driveways providing parking for up to 8 vehicles; Exterior includes deck and fenced yard with rain gutters
