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.