$2,150,000
$100K PRICE DROP

Estimated payment $12,594/month

Total Views 6,627
10 Beds
6 Baths
5,232 Sq Ft
$411 Price per Sq Ft

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • Golf Course Community
  • Waterfront
  • Wooded Lot

About This Home

Welcome to 51 Stoughton Street, a rare and exceptional opportunity to own a well-maintained 6-unit multifamily property in the heart of Hough's Neck. Positioned on a quiet residential street, this asset offers immediate rental income with long-term upside, making it ideal for both seasoned investors and owner-occupants.This solidly built property features six spacious and thoughtfully laid-out units, offering a mix of 1- and 2-bedroom apartments. Each unit boasts generous natural light, functional layouts, and classic charm. Several units have been updated with modern finishes, while still offering value-add potential for future improvements.This is an outstanding opportunity to acquire a cash-flowing asset in a rapidly growing and transit-friendly neighborhood close to Boston. Whether you're expanding your portfolio or looking for a 1031 exchange candidate, this property offers stability, location, and upside. Sale to include two additional lots adjacent to the property.

Listing Agent

Joseph Galofaro

Ryan Realty Group LLC Listed on: 05/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,664

Year Built

  • Built in 1980

Lot Details

  • 7,216 Sq Ft Lot
  • Waterfront
  • Near Conservation Area
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Additional Land

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 10 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Atherton Hough Elementary School
  • Broad Meadows Middle School
  • Quincy High School

Utilities

  • No Cooling
  • 6 Heating Zones
  • Heating System Uses Oil
  • Baseboard Heating
  • Separate Meters
  • 220 Volts

Listing and Financial Details

  • Rent includes unit 1(heat hot water), unit 2(heat hot water), unit 3(heat hot water), unit 4(heat hot water)
  • Assessor Parcel Number M:1069 B:11 L:656,172245

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $106,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,664

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1980
  • Levels: 5
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Tile, Carpet, Laminate, Hardwood
  • Interior Amenities: Laundry Room, Living Room, Dining Room, Kitchen, Family Room
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Range, Refrigerator
  • Total Bedrooms: 10
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Finished, Walk-Out Access
  • Above Grade Finished Sq Ft: 3504
  • Below Grade Sq Ft: 1728
  • Living Area: 5232
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN7226
  • LIST PRICE PER Sq Ft: 410.93
  • PRICE PER Sq Ft: 410.93

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Stream, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Baseboard, Oil
  • Cooling Y N: No
  • Electric: 220 Volts, Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 6
  • COOLING ZONES: 0
  • Hot Water: Oil

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station, Sidewalks
  • Rent Includes: Unit 1(Heat,Hot Water), Unit 2(Heat,Hot Water), Unit 3(Heat,Hot Water), Unit 4(Heat,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:1069 B:11 L:656,172245
  • Zoning: RESA
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded, Additional Land Avail., Cleared, Level
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7216
  • Lot Size Units: Acres
  • PAGE: 0228

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 13664
  • Tax Book Number: 08198

Multi Family

  • Gross Income: 106200
  • Net Operating Income: 106200
  • Number Of Units Total: 6
  • Total Actual Rent: 10550
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 2
  • FLRS 4: 3
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Quincy High
  • Elementary School: Atherton Hough
  • Middle Or Junior School: Broad Meadows

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $2,150,000 -4.4% $411 / Sq Ft
05/29/2025 05/29/25 For Sale $2,250,000 -- $430 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73382412

MLS Property Information Network (MLS PIN)