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$1,350,000
Total Beds: 10 Total Baths: 4
Total Units: 4 SQFT: 3117
LOT size: 0.14 Acres
79 Gilbert St
Quincy, MA 02169
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Property Description

79-85 Gilbert Street is a great opportunity to acquire a 4-unit investment property in Quincy. The building is located less than a mile from Quincy Adams Station (MBTA Red Line) and steps to the new SouthwestMiddle School and newly built Kincaid Park. The building is comprised of (2) three-bedroom / 1 bath townhouse style apartments and (2) two-bedroom / 1 bath flats. The property has undergone significantimprovements during the current ownership which include unit renovations, 100AMP electrical upgrade to each apartment, and high efficiency gas boilers. The property bodes well for an owner-occupant or aninvestor trying to capitalize on the incredibly strong Quincy rental market.

Property Details

Building Information

  • Total Units: 4
  • Total Floors: 5
  • Total Bedrooms: 10
  • Total Full Baths: 4
  • Amenities: Bike Path, Golf Course, Highway Access, House of Worship, Laundromat, Park, Public School, Public Transportation, T-Station, Tennis Court, Walk/Jog Trails
  • Basement Features: Full
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: No
  • Gross Operating Income: 60000
  • Gross Expenses: 11650
  • Electric Expenses: 180
  • Water/Sewer: 4472
  • INSC: 3998
  • Repairs & Maintenance: 3000
  • Net Operating Income: 48350

Utilities

  • Electric Info: 100 Amps, Other (See Remarks)
  • Energy Features: Insulated Windows
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Unit 4 Description

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

Construction

  • Year Built: 1900
  • Type: 4 Family - 4 Units Side by Side
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Year Round: No
  • Warranty: No

Other Information

  • MLS ID# 73494952
  • Last Updated: 04/05/26

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Map

Seller's Representative: Zhonghui Zhu, Keller Williams Realty
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 2026-04-05 04:05:00