10 Edgewood Cor 9 Unit Apartment Building $1,250,000 ($138,889/Unit) Quincy, MA 02169

10 Edgewood Circle is a multifamily investment property located in Quincy, Quincy, one of Greater Boston’s most dynamic and rapidly evolving residential markets. Situated in a well-established neighborhood, the property benefits from strong demand fundamentals, transit accessibility, and proximity to Downtown Boston, supporting long-term tenant stability and appreciation potential.
Known as the “City of Presidents,” Quincy has undergone significant revitalization in recent years, evolving into a major transit-oriented and mixed-use submarket within Greater Boston. The city offers direct commuter access to Boston via the MBTA Red Line, commuter rail, Interstate 93, and Route 3, making it highly attractive to working professionals and long-term renters.
The surrounding area features a strong mix of residential neighborhoods, retail corridors, restaurants, parks, waterfront amenities, and employment centers. Quincy Center continues to benefit from ongoing public and private investment, reinforcing long-term rental demand and property value growth.
The property consists of approximately 2,880 SF on a 4,792 SF lot and is configured as a licensed rooming house with 8 rooms plus 1 studio unit. The 8 rooms share common kitchen and bathroom facilities, while the studio includes its own kitchen and bath. Originally built in 1930 and renovated by the current ownership, the building includes a driveway and garage/storage space. Units are partially renovated and furnished, with select units including refrigerators and sinks. The property is currently partially occupied with remaining vacancy, offering lease-up and stabilization upside.
Overall, 10 Edgewood Circle presents a value-add multifamily opportunity in a high-demand suburban-urban market with strong transit connectivity, established demographics, and continued long-term growth throughout the Greater Boston region.