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1 Petrel Rd, Quincy MA 02169

$1,200,000

Estimated $2,900.29/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $240,000

Total Rent: 68400/year

Estimated CAP Rate: 4.75%

5 Bedrooms

5 Full Baths

2,155 SqFt

Total Parking: 5

9,550 SqFt

Wonderful Adam's Shore Neighborhood. 5 Unit residential apartment building. Updated kitchens and baths. Easy access the fully revitalized Quincy Center which offers residents countless dining and entertainment options in addition to Red Line and Commuter Rail. Great investment opportunity! The property is comprised of (4) 1-bedroom / 1 bath units. and (1) 2-bedrooms/1 bath units. **Deed Restriction: "All 5 residential units located within the property shall now, and hereafter, be subject to and restricted by the requirements of the City of Quincy Affordable Housing Guidelines, and rules & regulations promulgated by the Commonwealth of Massachusetts and adopted by the city of Quincy." Property sold as is where is. 4 units are currently occupied. The property has water views from 2 levels. 5 onsite parking spaces.

This home has been viewed 44 times

Last Checked: July 25th, 2025 at 4:29am (Source: MLS PIN #73367331)

Gross Income: $68,400

Gross Expenses: $11,454

Net Income Calc: $56,946

CAP Rate: 4.75%

Annual Expenses for 1 Petrel Rd, Quincy MA 02169

Total Gross Expenses (Calculated)$11,454/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$11,454

Annual Income & Unit Breakdown for 1 Petrel Rd, Quincy MA 02169

Total Gross Income (Calculated)$68,400

Unit 1

Rental Income$1,600

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$2,000

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$2,100

Lease

Bedrooms1

Bathrooms1 Full

Floor

Levels in Unit

HeatingNo

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 1 Petrel Rd, Quincy MA 02169

Listing ID73367331

Property TypeMulti Family

Price$1,200,000 ($556.84/SqFt)

Style5+ Family - 5+ Units Side By Side

CityQuincy

CountyNorfolk

MLS Area

Neighborhood(s)

Approximate Living Area Total2,155 SqFt

Approximate Lot Size (Acres)0.22 acres

Total Parking5

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsRenovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRESA

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features0 To 1/10 Mile To Beach

Energy Features

Terms

Disclosures for 1 Petrel Rd, Quincy MA 02169

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner, Pro. Forma Available

Total Gross Expenses By Broker$32,242

Total Gross Income By Broker$112,200

Total Net Income By Broker$79,958

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 1 Petrel Rd, Quincy MA 02169

Real Estate Taxes$11,454

Tax Year2025

Assessed Value$993,400

Financial Data SourceOwner, Pro. Forma Available

Total Gross Expenses By Broker$32,242

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$112,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$79,958

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.75%

Location Information for 1 Petrel Rd, Quincy MA 02169

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Shopping, Park, Medical Facility, Public Transportation, Other

Contact Information for 1 Petrel Rd, Quincy MA 02169

Agent

Name: Naoual Khermez

Office

Name: Patriot Real Estate Group

Phone: 617-436-6000

Payment Calculator

, Interest

Property Taxes 954.5

Principal & Interest 7394.02

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Patriot Real Estate Group

Naoual Khermez

Agent Phone

Office Phone

(617) 436-6000

Text Agent Call Agent Call Office

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1 Petrel Rd, Quincy MA 02169

$1,200,000

Annual Expenses for 1 Petrel Rd, Quincy MA 02169

Annual Income & Unit Breakdown for 1 Petrel Rd, Quincy MA 02169

General Information for 1 Petrel Rd, Quincy MA 02169

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Financial Information for 1 Petrel Rd, Quincy MA 02169

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Patriot Real Estate Group

Naoual Khermez