NOT LISTED FOR SALE

106 Franklin St Unit 108 Quincy, MA 02169

South Quincy Neighborhood
7 Beds
5 Baths
5,602 Sq Ft
0.31 Acres

Last Sold October 18, 2021

Last sale price $1,460,000 $261 Per Sq Ft

9 Days on Market

About This Home

As of October 2021

Attention Developers, Investors, and Owner Occupants. Rare offering of a mixed use property located on a large lot in Quincy Center, consisting of 3 connected buildings, with a total of 3 residential units and 1 commercial space. Large corner lot with 13,387 sq ft. has frontage on 2 streets! All 3 residential apartments have 2 floor townhouse style layouts. Commercial unit consists of 1 open space and a 1/2 bath. Seller makes no promises or guarantees regarding any re-development / development potential. Due diligence for any re-development / development opportunities is required on behalf of the buyer.

Last Listed By

Christopher Chadzynski

Northeast Realty + Co. Listed on: 07/26/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • 1836

Lot Details

  • 0.31

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1836

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Directions: GPS
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1836

Interior Features

  • Has Basement: Full, Partial
  • Total Bathrooms: 4.5
  • MAIN LO: AN4053
  • LIST PRICE PER Sq Ft: 266.87
  • PRICE PER Sq Ft: 260.62
  • MAIN SO: AN3519
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Fireplaces: 2
  • Stories: 7

Exterior Features

  • Roof: Shingle
  • Foundation Details: Concrete Perimeter, Stone, Slab
  • Construction Type: Frame
  • Disclosures: Seller Makes No Promises Or Guarantees Regarding Any Re-Development / Development Potential. Due Diligence For Any Re-Development / Development Opportunities Is Required On Behalf Of Buyer. Seller Reserves The Right To Accept Any Offer At Any Time.
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School, T-Station

Fee Information

  • Annual Water Sewer Expense: 3700

Lot Info

  • LOT SIZE: 13387
  • PAGE: 86
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 13503.6
  • Zoning: BUSB

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 2
  • LEVELS 2: 2
  • LEVELS 3: 2
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 1
  • FLRS 2: 1
  • Annual Gross Income: 68400
  • Insurance Expense: 5993
  • Property Net Operating Income: 68400
  • Number Of Units Total: 4
  • Annual Operating Expense: 9693
  • Total Actual Rent: 5700

Tax Info

  • Tax Annual Amount: 8266.13
  • Tax Book Number: 22490
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Oct 15, 2021
Sold by
Saint-Croix Ralph M and St Croix Betty A
Bought by
108 Franklin Place Llc
Seller's Agent
Christopher Chadzynski
Northeast Realty + Co.
Buyer's Agent
Helen Shiner
The Shiner Group, LLC
List Price
$1,495,000
Sold Price
$1,460,000
Premium/Discount to List
-$35,000
-2.34%
Total Days on Market
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,675,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 2005
Sold by
Cam Rt and Cedrone
Bought by
Saintcroix Betty A and Saintcroix Ralph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.79%
Mortgage Type
Commercial

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
108 Franklin Place Llc $1,460,000 None Available
Saintcroix Betty A $587,000 --
Saintcroix Betty A $587,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mc Smile Realty Llc $901,680
Open Mc Smile Realty Llc $1,615,000
Closed Mc Smile Realty Llc $1,615,000
Closed 108 Franklin Place Llc $1,675,000
Previous Owner Saintcroix Betty A $440,000
Previous Owner Cam Rt $88,000
Previous Owner Cam Rt $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $1,460,000 -2.3% $261 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $1,495,000 -- $267 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $1,659,100 $447,800 $1,211,300
2024 -- $963,100 $447,800 $515,300
2023 $0 $889,400 $298,500 $590,900
2022 $0 $788,800 $284,500 $504,300
2021 $0 $680,900 $281,700 $399,200
2020 $0 $678,100 $278,900 $399,200
2019 $0 $651,900 $276,200 $375,700
2018 $0 $649,200 $273,500 $375,700
2017 $0 $584,400 $265,500 $318,900
2016 -- $584,400 $265,500 $318,900
2015 -- $577,600 $265,500 $312,100
2014 -- $570,400 $265,500 $304,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72871323

MLS Property Information Network (MLS PIN)

APN: QUIN-003009-000024-A000000