531 Quincy Shore Drive Quincy — Photo 1 of 42
$1,200,000
Investment Analysis — 531 Quincy Shore Drive
Quincy, MA 02171 — North Quincy
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02171 carries an estimated $6,660/mo in gross rent — about a 3.90% cap rate and $46,788/yr in estimated NOI at the $1,200,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
4,752
Style
2 Family - 2 Units Side by Side
Built
1975
An exceptional two-family residence in one of Quincy’s most desirable coastal locations, directly across from Wollaston Beach. Set on a 0.31-acre corner lot, this property offers beautiful water views, impressive living space, and a versatile layout well suited for an owner-occupant, investor, or multi-generational living. Unit 1 features 3 bedrooms, 2 full bathrooms with marble finishes, and over 2,600 square feet of living space. Unit 2 offers 2 bedrooms, 1 full bathroom, and over 2,100 square feet. Both units feature generously sized rooms, abundant natural light, and unique details throughout, including large windows overlooking the water, decorative railings, statement lighting, and warm-toned flooring. The large corner lot offers ample outdoor space and parking. Delivered vacant, the property allows the new owner to choose their own tenants, live in one unit while renting the other, or accommodate extended family. Additional features include central vacuum, a newer water heater, separate heat and electric, and shared water. Enjoy Wollaston Beach just across the street, along with convenient access to Boston, dining, shopping, and transportation. A unique opportunity to own a two-family home in a prime Quincy coastal setting. All offers are due Monday, September 14th by 3:00 pm. Please make offers valid until Tuesday, September 15th at 7:00 pm.
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.
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Listing Agent: Jay Costantino
Listing Office: Conway - Hanover
MLS® Number: 73572871
