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The Residences at Des Moines is a truly unique opportunity to acquire for the first time a 7-unit investment property built in 2005 located in Quincy, Ma. The property is comprised of (5) two-bedroom/two-bath units, (1) two-bedroom/one-bath unit, and a top floor four-bedroom/three-bath top floor penthouse unit. The property features expansive layouts, central air-conditioning, in-unit laundry, private balconies, and two parking spaces per unit. The building is fully sprinklered and has separate utilities including water/sewer which bodes well for a future condo-exit strategy. Des Moines is conveniently located directly on the public bus line and a short ride to Quincy Center. Investors will be able to take advantage of the significant property appreciation and rent growth that Quincy continues to experience.

More Info

Basic Information

  • Gross Income $195,000
  • Lot Features Corner Lot
  • Mls StatusNew
  • Rent Includes Unit 1(Water), Unit 2(Water)

Tax Information

  • Tax Assessed Value $2,326,500
  • Tax Year 2026
  • Taxes$27,406

Parking

  • Parking Features Off Street
  • Parking Spaces14

Rooms

  • Bathroom14
  • Bathrooms Total Decimal 14
  • Bedrooms16
  • Full Bath14

Basic Information

  • List Price$2,575,000
  • MLS Number73521714
  • Modification Date05/20/2026
  • Property SubType5-9 Family

Location

  • Address13-21 Des Moines
  • Building Number13-21
  • CountyNorfolk
  • StateMA
  • StreetDes Moines
  • TownQuincy
  • Zip02169

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • FireplaceYes
  • Fireplaces Total 7
  • FoundationConcrete Perimeter, Slab
  • Levels 4
  • Rooms48
  • Stories4
  • Units7
  • Year Built2005
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.32

Interior

  • Flooring Tile, Carpet

Exterior

  • Exterior Features Balcony, Sprinkler System
  • RoofShingle, Rubber

Utilities

  • Cooling Central Air
  • Cooling YN Yes
  • Electric Circuit Breakers,100 Amp Service
  • Heat SystemYes
  • Heating Forced Air, Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 9,160
  • Lot Size Square Feet 13,770
  • Lot Size Units Acres
  • Square Feet9,160

Amenities

  • Amenities
    • Bike Path
    • House of Worship
    • Laundromat
    • Marina
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails
  • Other AmenitiesFireplace

Other

  • Date Listed05/20/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Tony Pepdjonovic of Marcus & Millichap Real Estate Investment Services

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