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1227 Sea St, Quincy, MA, 02169

6beds
2baths
1,716sqft
$849,000
$495price/sqft
$5,696/moest. monthly cost
$227,840/yrincome needed

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.

Getting Around

48
WalkingCar-Dependent
32
TransitSome Transit
28
BikeSomewhat Bikeable

Schools

5/10
5/10
Quincy High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Stone

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 1,716

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,716
  • Total interior livable area: 1,716 sqft

Property

Details

  • Parcel number: 171049
  • Zoning: BUSB

Features

  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 1,304 sqft
  • Features: Corner Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,293$51,516
Home Insurance *$231$2,772
Property Taxes $818$9,816
Electricity $354$4,259
Total$5,696$68,352
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$195,291/yr
40% on housing$170,880/yr
45% on housing$151,893/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$495This listing

vs Other Active Listings

Avg $/sqft

ZIP 02169$375
Norfolk County$448

vs Homes Sold Last Month

Median $/sqft

ZIP 02169$411
Norfolk County$427

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-10Price change$799,000
2026-07-08Listed for sale$849,000
2022-11-24Listing removed$554,900
2022-08-23Listed for sale$554,900
2019-10-03Listing removed$575,000
2019-06-27Price change$575,000
2019-05-20Price change$589,900
2019-04-19Listed for sale$599,999
2015-04-15Listing removed$379,000
2015-04-02Price change$379,000
2015-01-14Price change$379,900
2014-10-09Price change$399,000
2014-09-08Listed for sale$409,900
2014-01-01Listing removed$424,000
2013-09-10Listed for sale$424,000
2013-08-07Listing removed$439,900
2013-07-11Price change$439,900
2013-06-17Price change$459,900
2013-06-01Price change$469,900
2013-05-07Listed for sale$479,900
2007-05-04Sold$345,000
2003-08-15Sold$295,000
1998-08-24Sold$47,500

For Sale by Agent

AgentKinga Auguste
BrokerageStuart St James, Inc.

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