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$1,200,000
Total Beds: 8 Total Baths: 3
Total Units: 3 SQFT: 2784
LOT size: 0.08 Acres
67 Cleverly Ct
Quincy, MA 02169
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Property Description

Exceptional opportunity for investors or owner-occupants seeking a turn-key, low-maintenance multi-family property in the desirable City of Quincy. This 3-unit building offers strong income potential with flexibility for both investment and owner-occupancy.Extensive renovations were completed in 2019–2020, including updated kitchens and bathrooms in all units, minimizing immediate capital expenses. One unit is currently vacant, one unit is leased at $2,900/month, and one unit is tenant-at-will, offering a value-add opportunity to increase rents to market rate. 8% Cap Rate before expenses using $7,900 rent and $1.2M price point. 5.6% Cap Rate net, using a 30% rate for taxes/insurance/maintenance/vacancies.Conveniently located on a quiet residential street, close to Quincy Center, Hingham Shipyard, major highways, shopping, restaurants, and public transportation. Walking distance to Bay Point Waterfront and Avalon Beach.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 3

Financial

  • APOD Available: Yes
  • Gross Operating Income: 70200
  • Gross Expenses: 5050
  • Electric Expenses: 250
  • Water/Sewer: 1500
  • INSC: 3300
  • Net Operating Income: 65150

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Poured Concrete
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73486856
  • Last Updated: 03/25/26

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Map

Seller's Representative: Maria Terova, William Raveis R.E. & Home Services
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-03-25 14:50:00