Renovated Two-Family
267-269 Farrington Street Quincy, MA 02170
267-269 Farrington Street, Quincy, MA, 02170
$1,179,000
For Sale
$1,179,000
Renovated two-family property with a 1-bedroom and a 2-bedroom unit, ready for immediate occupancy.
Property Size2,190 SF
Price / SF$538.36
Days on Market156
Property Features for 267-269 Farrington Street
General Information
- Standard status
- Active
- Size
- 2,190 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agency
Cameron Real Estate Group - Framingham
(617) 957-2482
Listed by
Enis Shehu
Source
Rosenrealty
Added: Feb 16 Updated: Jul 21 at 9:28PM Checked: Jul 21 at 9:28PM
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 Cameron Real Estate Group - Framingham
Investment Insights
Based on property information with market context.
This recently renovated two-family property features two updated residential units with move-in-ready interiors. The first unit is configured as a 1-bedroom, 1-bath layout designed for bright, efficient single-level living. The second unit offers a 2-bedroom, 1-bath configuration with more spacious accommodations and added flexibility.
The property includes more than 2,100 square feet of living space across two levels. It is situated in a convenient residential setting and is described as being close to neighborhood amenities, including local schools, shopping, restaurants, and public transportation.
Overall, the building presents two separately updated units for an owner-occupant or investor, with both units noted as having been recently updated and ready for immediate occupancy.
The property includes more than 2,100 square feet of living space across two levels. It is situated in a convenient residential setting and is described as being close to neighborhood amenities, including local schools, shopping, restaurants, and public transportation.
Overall, the building presents two separately updated units for an owner-occupant or investor, with both units noted as having been recently updated and ready for immediate occupancy.
Key Highlights
- Two‑family property built in 1900 with recently updated interiors
- 1‑bedroom, 1‑bath unit and 2‑bedroom, 1‑bath unit layout
- Over 2,100 SF of living space across two levels
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 | $56.5k | $25.80 |
| − Vacancy | −$3.7k | −$1.68 |
| EGI | $52.8k | $24.12 |
| − OpEx | −$15.8k | −$7.24 |
| NOI | $37.0k | $16.89 |
2,190 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$528.3K
$462.3K – $616.4K
NOI $36,981 @ 7.0% cap · market cap 3.14%
Second Best
Apartment 5plus
$485.2K
$424.6K – $566.1K
NOI $33,967 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,613 @ 7.0% cap · market cap 7.69%
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 - Renovated two-family property with a 1-bedroom and a 2-bedroom unit, ready for immediate occupancy.
Where is this duplex located?
The property is located at 267-269 Farrington Street Quincy, MA.
What is the asking price?
The asking price for this property is $1,179,000.
What are key features of this property?
This property features: Two‑family property built in 1900 with recently updated interiors; 1‑bedroom, 1‑bath unit and 2‑bedroom, 1‑bath unit layout; Over 2,100 SF of living space across two levels
