Nestled in a residential neighborhood near Quincy Center, this well-kept 3-family home offers an exceptional opportunity for both investors and owner-occupants. The property features a shared tandem driveway along with ample street parking. The first floor is a spacious unit with 2 bedrooms, a well-equipped kitchen, a full bath, and an open-concept dining and family room area. Access to additional storage in the basement with a washer and dryer for convenience.Second Floor: Renovated throughout with modern finishes, 2 bedrooms, a bright dining and family room area, and a fully updated bath. Includes an in-unit washer and dryer for added ease and mini splits throughout. The third floor features 2 bedrooms, a functional kitchen, and a large family room area and extra storage space. The mini-split systems provide efficient heating and cooling. High ceilings, hardwood floors, abundant natural light enhance the charm and appeal of each unit. And a private flat rear yard.
This home has been viewed 35 times
Last Updated: March 12th, 2025 at 5:08am
Gross Income: $85,200
Gross Expenses: $7,697
Net Income Calc: $77,503
CAP Rate: 5.96%
Beach Front
Annual Expenses for 59 Germain Ave, Quincy MA 02169
Total Gross Expenses (Calculated)$7,697/year
APOD AvailableNo
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$7,697
Annual Income & Unit Breakdown for 59 Germain Ave, Quincy MA 02169
Total Gross Income (Calculated)$85,200
Unit 1
Rental Income2400
LeaseY
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income2550
LeaseY
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income2150
Lease
Bedrooms2
Bathrooms2 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 59 Germain Ave, Quincy MA 02169
Listing ID73342608
Property TypeMulti Family / 3 Family
Price$1,300,000 ($584.8/SqFt)
Style
CityQuincy
CountyNorfolk
MLS Area
Neighborhood(s)
Approximate Living Area Total2,223 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking4
Garage Parking
Year Built1890
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual,Renovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpacePorch
ZoningRESB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesBay, Beach Front, Beach Ownership(public), 1/2 To 1 Mile To Beach
Energy Features
Terms
Interior Features for 59 Germain Ave, Quincy MA 02169
Disclosures for 59 Germain Ave, Quincy MA 02169
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$85,200
Total Net Income By Broker$85,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 59 Germain Ave, Quincy MA 02169
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation, T-station, Marina, Sidewalks
Contact Information for 59 Germain Ave, Quincy MA 02169