CCertihomes
623 Quincy Shore Dr, Quincy, MA 02170

$2,000,000

9 beds 6 baths 3,775 sqft Built 196510 days on marketActive

About this home

Exceptional Investment Opportunity: 6-Unit Apartment Building on Quincy Shore DriveIntroducing a rare addition to the real estate market—a 6-unit apartment building on prestigious Quincy Shore Drive in Quincy, Massachusetts. This prime property offers breathtaking bay views and unparalleled beach access, making it an ideal location for discerning investors and developers Highlights:Stunning Views & Beach Access: Enjoy direct access to the beach and panoramic bay views.Prime Location: Located in a highly sought-after area known for its scenic beauty and vibrant community, ensuring strong demand and high returns. Flexible Investment: Can be delivered vacant for immediate redevelopment or attracting premium tenants. Current TAW tenants offer flexibility for new management strategies. Tenant Appeal: Close to local attractions, public transportation, and major highways, appealing to long-term residents and seasonal renters.Future Growth for holding as a rental property.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$12,521/mo

Real estate (PITI + HOA + PMI)
$12,700
Principal + interest$9,071
Property tax + insurance$2,879
PMI / 2nd mortgage$750
Utilities
$677
Heating + cooling$177
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$157
$12,521/mo TLC
Budget$13,021/mo
Remaining after TLC$500/mo
Purchase price
$2,000,000
Down payment
$100,000 (5%)
Loan amount
$1,900,000
APR
4%

Quick facts

Type
5-9 Family
Style
Year built
1965
Lot size
0.21 ac
Stories
4
Heating
Cooling
Water
Public
HOA
Annual tax
$11,276
MLS #
73237341
County
Norfolk

At a glance

Fireplace
Waterfront

Home features

Parking
Shared Driveway
Sewer
Public Sewer

Neighborhood — 02170

MetricThis ZIPCountyUSA
Population19,0896,444,931299,088,112
Population Change Since1990-2.00%7.00%20.00%
Population Density9,153786
Male9,2343,127,134147,432,321
Female9,8543,317,797151,655,844
Never Married5,8941,612,88563,775,926
Married7,4132,586,314123,120,365
Separated886247,85712,639,686
Widowed1,141363,59415,467,586
Divorced1,213436,88823,075,029
Number Of House Hold7,8592,431,591111,826,380
Average House Hold Size2.352.562.60
Medial Age38.7837.2535.46
Median House Hold Income$57,396$57,698$48,276
Average House Hold Income$67,077$75,023$63,629
P C I$28,416$29,196$24,529
M D I$47,906$48,105$41,133
A T H E$53,360$57,083$50,898
S T R5.00%5.00%
W C J82.06%81.38%77.74%
(Zip) Code
2170

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 5/14/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.