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WALKING DISTANCE TO QUINCY CENTER AND TRAIN 10 Edgewood Cor 9 Unit Apartment Building $1,729,438 CAD ($192,160 CAD/Unit) Quincy, MA 02169


Investment Highlights
- 2,880 SF Multifamily Property / 9 Units: Includes 1 studio and 8 rooms.
- 4,792 SF Lot: Compact site with off-street parking potential.
- Historic 1930 Vinyl-Sided Building: Well-maintained and structurally sound.
- Easy Access to Transportation: Close to public transit and major roadways for commuting convenience.
Executive Summary
Property Description
Licensed rooming house with 8 rooms and 1 studio which has a kitchen and bath. The 8 rooms share a common kitchen and two bathrooms. The property was built in 1930 and has since been renovated by the current owner. There is approximately 2,880 SF of living space and a 4,792 SF lot. There is a driveway and garage/storage on site. Currently two units rented and 7 vacant. The units have been renovated and are furnished with refrigerators; some also have sinks. Interior pictures in the attached Offering Memorandum.
Location Description
10 Edgewood Circle is a multifamily investment property located in Quincy, one of Greater Boston’s most dynamic and rapidly evolving residential markets. Situated within a well-established residential neighborhood, the property benefits from Quincy’s strong demand fundamentals, transit accessibility, and continued economic and population growth driven by its proximity to downtown Boston.
Known as the “City of Presidents,” Quincy has experienced significant revitalization and redevelopment in recent years, transforming into a major mixed-use and transit-oriented community within the Greater Boston region. The city offers direct access to Boston via the MBTA Red Line, commuter rail connections, and major roadways including Interstate 93 and Route 3, making it highly attractive to commuters and long-term residents alike.
The surrounding area features a diverse mix of residential housing, retail centers, restaurants, waterfront amenities, and employment opportunities, contributing to a strong and stable rental market. Quincy Center and surrounding districts continue to benefit from substantial public and private investment, supporting long-term property appreciation and sustained tenant demand.
Overall, 10 Edgewood Circle presents an opportunity for investors seeking a multifamily asset in a high-demand suburban-urban market with strong transit connectivity, established demographics, and continued long-term growth throughout the South Shore and Greater Boston region.
Licensed rooming house with 8 rooms and 1 studio which has a kitchen and bath. The 8 rooms share a common kitchen and two bathrooms. The property was built in 1930 and has since been renovated by the current owner. There is approximately 2,880 SF of living space and a 4,792 SF lot. There is a driveway and garage/storage on site. Currently two units rented and 7 vacant. The units have been renovated and are furnished with refrigerators; some also have sinks. Interior pictures in the attached Offering Memorandum.
Location Description
10 Edgewood Circle is a multifamily investment property located in Quincy, one of Greater Boston’s most dynamic and rapidly evolving residential markets. Situated within a well-established residential neighborhood, the property benefits from Quincy’s strong demand fundamentals, transit accessibility, and continued economic and population growth driven by its proximity to downtown Boston.
Known as the “City of Presidents,” Quincy has experienced significant revitalization and redevelopment in recent years, transforming into a major mixed-use and transit-oriented community within the Greater Boston region. The city offers direct access to Boston via the MBTA Red Line, commuter rail connections, and major roadways including Interstate 93 and Route 3, making it highly attractive to commuters and long-term residents alike.
The surrounding area features a diverse mix of residential housing, retail centers, restaurants, waterfront amenities, and employment opportunities, contributing to a strong and stable rental market. Quincy Center and surrounding districts continue to benefit from substantial public and private investment, supporting long-term property appreciation and sustained tenant demand.
Overall, 10 Edgewood Circle presents an opportunity for investors seeking a multifamily asset in a high-demand suburban-urban market with strong transit connectivity, established demographics, and continued long-term growth throughout the South Shore and Greater Boston region.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,729,438 CAD | Building Class | C |
| Price Per Unit | $192,160 CAD | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 3,432 SF |
| No. Units | 9 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1930 |
| Property Subtype | Apartment | Parking Ratio | 0.87/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | RES A, Quincy | ||
| Price | $1,729,438 CAD |
| Price Per Unit | $192,160 CAD |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 3,432 SF |
| No. Stories | 3 |
| Year Built | 1930 |
| Parking Ratio | 0.87/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RES A, Quincy |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 9 | $2,421 CAD | 350 - 500 |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | QUIN-001114D-000002-000007 | Total Assessment | $901,541 CAD |
| Land Assessment | $368,264 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $533,277 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
QUIN-001114D-000002-000007
Land Assessment
$368,264 CAD
Improvements Assessment
$533,277 CAD
Total Assessment
$901,541 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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WALKING DISTANCE TO QUINCY CENTER AND TRAIN | 10 Edgewood Cor
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