Renovated Two-Family
For Sale
$1,249,000
80-82 Willet Street, Quincy, MA 02170
Move-in-ready two-family home with updated kitchens, refinished hardwood floors, and central heating and air conditioning.
Property Size2,100 SF
Price / SF$594.76
Days on Market12
Property Features for 80-82 Willet Street
General Information
Standard status
Active
Size
2,100 SF
Property subtype
Multi-family
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1910
Tenancy
Multi
Listing Agency:
Keller Williams Realty
Listed By:
Jing Zheng
(603) 352-5533
Source:
Hgjohnsonrealestate
Added: Jul 23
Changed: Jul 26
Last Checked: Aug 2 at 3:12PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This beautifully renovated two-family duplex offers bright, open-concept layouts in each unit, with new kitchens featuring quartz countertops, stylish cabinetry, and stainless steel appliances. Both units also include refinished hardwood floors, designer bathrooms, and abundant natural light.
Recent major improvements include brand-new energy-efficient windows, new low-maintenance vinyl siding, central heating and air conditioning, and a high-efficiency tankless water heater. Outside, the property has an updated front walkway and inviting front porches that enhance curb appeal.
Located in Wollaston, the home is just minutes from the Wollaston MBTA Red Line Station and convenient to supermarkets, restaurants, shopping, parks, beaches, and major highways, supporting both owner-occupant and rental use.
Recent major improvements include brand-new energy-efficient windows, new low-maintenance vinyl siding, central heating and air conditioning, and a high-efficiency tankless water heater. Outside, the property has an updated front walkway and inviting front porches that enhance curb appeal.
Located in Wollaston, the home is just minutes from the Wollaston MBTA Red Line Station and convenient to supermarkets, restaurants, shopping, parks, beaches, and major highways, supporting both owner-occupant and rental use.
Key Highlights
- Renovated two‑family home built in 1910 in Wollaston (Quincy).
- Each unit features a new kitchen with quartz countertops, stylish cabinetry, and stainless steel appliances.
- Refinished hardwood floors and bright open‑concept floor plans in both units.
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 | $54.2k | $25.80 |
| − Vacancy | −$3.5k | −$1.68 |
| EGI | $50.7k | $24.12 |
| − OpEx | −$15.2k | −$7.24 |
| NOI | $35.5k | $16.89 |
2,100 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$506.6K
$443.3K – $591.0K
NOI $35,461 @ 7.0% cap · market cap 2.84%
Second Best
Apartment 5plus
$465.3K
$407.1K – $542.9K
NOI $32,571 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,890 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,033
Businesses Nearby
Explore this area
Business Placement
Demographics for 02170, MA
19,950
Population
8,471
Households
2.4
Avg Household Size
39
Median Age
46%
College-Educated
86%
High-School Grad
2.1 sq mi
ZIP Area
9,500
Density / Sq Mi
$101,840
Median Household Income
$54,561
Median Earnings
$1,801
Median Rent
$661,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Move-in-ready two-family home with updated kitchens, refinished hardwood floors, and central heating and air conditioning.
Where is this duplex located?
The property is located at 80-82 Willet Street Quincy, MA.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Renovated two‑family home built in 1910 in Wollaston (Quincy).; Each unit features a new kitchen with quartz countertops, stylish cabinetry, and stainless steel appliances.; Refinished hardwood floors and bright open‑concept floor plans in both units.
