80 Days on Boston Pads

21 Photos

$1,200,000

5 Unit

5 Beds

5 Baths

2155 SQFT

0.22 Acre

1 Petrel Rd

Quincy, MA 02169

View Map

Property Description

Wonderful Adam's Shore Neighborhood. 5 Unit residential apartment building. Updated kitchens and baths. Easy access the fully revitalized Quincy Center which offers residents countless dining and entertainment options in addition to Red Line and Commuter Rail. Great investment opportunity! The property is comprised of (4) 1-bedroom / 1 bath units. and (1) 2-bedrooms/1 bath units. **Deed Restriction: "All 5 residential units located within the property shall now, and hereafter, be subject to and restricted by the requirements of the City of Quincy Affordable Housing Guidelines, and rules & regulations promulgated by the Commonwealth of Massachusetts and adopted by the city of Quincy." Property sold as is where is. 4 units are currently occupied. The property has water views from 2 levels. 5 onsite parking spaces.

Property Overview

Property Details click or tap to expand

Building Information

Total Units: 5
Total Floors: 3
Total Bedrooms: 5
Total Full Baths: 5
Amenities: Highway Access, Medical Facility, Other (See Remarks), Park, Public Transportation, Shopping

Financial

APOD Available: Yes
Expenses Source: Owner Provided, Pro. Forma Available
Gross Operating Income: 112200
Gross Expenses: 32242
Net Operating Income: 79958

Utilities

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

Unit 1 Description

Under Lease: Yes
Floors: 1
Levels: 1

Unit 2 Description

Under Lease: Yes
Floors: 2
Levels: 1

Construction

Year Built: 1900
Type: 5+ Family - 5+ Units Side by Side
Foundation Info: Poured Concrete
Lead Paint: Unknown
Warranty: No

Other Information

MLS ID# 73367331
Last Updated: 05/04/25

Property History click or tap to expand

Date	Event	Price	Price/Sq Ft	Source
05/04/2025	Active	$1,200,000	$557	MLSPIN
04/30/2025	New	$1,200,000	$557	MLSPIN

Mortgage Calculator

View Breakdown

Map & Resources

Broad Meadows Middle School

Public Middle School, Grades: 6-8

0.3mi

Hofbrau Bar and Grill

Bar And Comfort Restaurant

0.12mi

O'Hara Circle

Municipal Park

0.07mi

Adams Shore Branch Thomas Crane Public Library

Library

0.22mi

Adams Shore Supermarket

Supermarket

0.15mi

455 Sea St

216

0.11mi

410 Sea St

216

0.14mi

Sea St @ Braintree Ave

216

0.16mi

405 Sea St

216

0.18mi

Sea St @ Albatross Rd

216

0.19mi

Sea St @ Norton Rd

216

0.21mi

Sea St @ Moffat Rd

216

0.24mi

Sea St @ Gannett Rd

216

0.24mi

Nearby Areas

Boston Multi-Family Homes for Sale

Braintree Multi-Family Homes for Sale

Hingham Multi-Family Homes for Sale

Milton Multi-Family Homes for Sale

Quincy Multi-Family Homes for Sale

Weymouth Multi-Family Homes for Sale

Seller's Representative: Naoual Khermez, Patriot Real Estate Group
MLS ID#: 73367331

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 2025-05-04 04:05:00