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Two-Family Duplex
New
For Sale
$1,298,000

99 Putnam St, Quincy, MA 02169

Residential Income, Quincy, MA

Property Size3,110 SF
Lot Size0.13 Acres
Price / SF$417.36
Days on Market2

Property Features for 99 Putnam St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RESB
Bedrooms 7
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 6, Bedroom 7, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 3
Parking 6
Directions Hancock to Greenleaf to Putnam OR Google Maps/ MapQuest/ GPS.
Subdivision Quincy Center
Standard status Active
APN M:1125 B:0014 L:0001,174878
Size 3,110 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 11939

Building Details

Year built 1940
Floors in Building 3
Number of units 2
Listing Agency: Keller Williams Realty
Listed By: Steve Zeboski
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 10:06PM
MLS# 73590915

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 1940, this two-family duplex contains 3,110 square feet on a 0.1309-acre lot and is zoned RESB. The property is located on Putnam Street in Quincy, Massachusetts.

Quincy Center T Station and Wollaston Beach are each described as a 10-minute walk away. Highways serving the South Shore and Boston are a 10-minute drive from the property. Schools, banks, restaurants, and shopping are also nearby.

Key Highlights

  • Two‑family duplex with 3,110 square feet
  • 0.1309‑acre lot; RESB zoning
  • Built in 1940

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$52,516
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,050,320 $1.1M
Cap Rate 7%
$750,229 $750.2K
Cap Rate 9%
$583,511 $583.5K
Market Conditions
NOI Build-Up for 3,110 SF
Gross rent
$80.2K $25.80/SF
− Vacancy
−$5.2K −$1.68/SF
EGI
$75.0K $24.12/SF
− OpEx
−$22.5K −$7.24/SF
NOI
$52.5K $16.89/SF
Area
Quincy, MA
Vacancy
6.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,050,320
Cap Rate 7%
$750,229
Cap Rate 9%
$583,511

Alternative Uses

Best Use
Multifamily LT 5
$750.2K
$656.5K – $875.3K (±1% cap)
NOI $52,516 @ 7.0% cap · market cap 4.05%
Second Best
Apartment 5plus
$689.1K
$603.0K – $803.9K (±1% cap)
NOI $48,236 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$1.84M
$1.61M – $2.14M (±1% cap)
NOI $128,679 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store Parking Lot & Garage Cosmetic Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,973
Businesses Nearby

Demographics for 02169, MA

62,140
Population
30,198
Households
2.1
Avg Household Size
39
Median Age
48%
College-Educated
92%
High-School Grad
12.1 sq mi
ZIP Area
5,136
Density / Sq Mi
$92,080
Median Household Income
$60,166
Median Earnings
$1,975
Median Rent
$552,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - RESB-zoned residential property offers a multi-unit configuration near transit, the beach, and neighborhood services.
Where is this duplex located?
The property is located at 99 Putnam St Quincy, MA.
What is the asking price?
The asking price for this property is $1,298,000.
What are key features of this property?
This property features: Two‑family duplex with 3,110 square feet; 0.1309‑acre lot; RESB zoning; Built in 1940
More about this property
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