22-24 Prout Quincy — Photo 1 of 37
$550,000
Investment Analysis — 22-24 Prout
Quincy, MA 02169 — South Quincy
Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 02169 carries an estimated $4,380/mo in gross rent — about a 5.88% cap rate and $32,360/yr in estimated NOI at the $550,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,980
Style
2 Family - 2 Units Up/Down
Built
1880
INVESTOR & CONTRACTOR OPPORTUNITY!!! Bring your vision and unlock the potential of this great two-family property! Being offered AS-IS, this property presents an excellent opportunity for investors, contractors or buyers looking for a project with lots of income potential for an owner occupant!!The first floor/main living unit features two floors. First floor has a nice size kitchen bright & sunny. New electric stove, older refridgerator and lots of counter space with washer & dryer. Nice size living room & dining room all hardwood floors in both rooms with lots of windows.You can walk out from the kitchen onto a large & welcoming front porch. Upstairs you have 3 bedrooms and a full bath.The lower-level offers a studio-style basement apartment & is tenant occupied till February. Apartment has a small stove and sink in the kitchen area. Bathroom is good size with shower stall. This is all electric with a separate meter & New Boiler! Bring your ideas & grab this opportunity in this great location to Boston,Train station, MBTA and even the beach in the hot summer months!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
Geography
Listing Agent: Irene Mark
Listing Office: Cindy Mark Real Estate
MLS® Number: 73582311