$799,000
About this home
CASH FLOW FROM DAY ONE! Rare opportunity to acquire a turnkey, low-maintenance two-family in highly desirable area in Quincy. Ideal for investors seeking immediate cash flow or owner-occupants looking to offset housing costs with rental income. Strong financials offer an approximate 6% current cap rate based on existing rents of $5,410/month, plus an additional $120/month in coin-operated laundry income. Featuring six bedrooms, the property also offers excellent upside through future rent increases. Major capital improvements have already been completed, including a brand-new flat roof and new vinyl siding. Has central heating systems. NOT in a flood zone! Separate utilities, low operating expenses, and a full basement with potential for additional tenant storage income make this an exceptional investment opportunity. OPEN HOUSE 11am-12:30pm Saturday August 15th.
Property details
- MLS #
- 73546136
- Property type
- Multi Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 45
- On market date
- July 7, 2026
- Stories
- 2
- Garage spaces
- N/A
- Lot size
- 0.03 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 255
- Student:teacher ratio
- 11.1:1
- District
- Quincy
- Enrollment
- 327
- Student:teacher ratio
- 12.1:1
- District
- Quincy
- Enrollment
- 1,465
- Student:teacher ratio
- 12.2:1
- District
- Quincy
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 8 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.