NOT LISTED FOR SALE
7 Beds
4 Baths
3,783 Sq Ft
7,132 Sq Ft Lot

Last Sold November 14, 2023

Last sale price $1,175,000 $311 Per Sq Ft

22 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Park
  • Granite Flooring
  • Jogging Path
  • Laundry Room

About This Home

As of November 2023

12-14 West Street is a large 4-unit building conveniently located on public transportation and directly off of I-93 in the highly coveted city of Quincy. The property has been meticulously maintained by the seller and is a great opportunity for a savvy investor or an owner-occupant. The building is comprised of (2) 1-bedroom / 1-bath units, a 2-bedroom/ 1 bath + office duplex, and a 3-bedroom/ 1-bath + office apartment. 3 out of the 4 units have been newly renovated and the unrenovated apartment will be delivered vacant. The property features separated heat and electricity paid for by the tenants, storage for all units, off-street parking for 4 vehicles, and a quiet backyard garden area. Quincy has experienced a tremendous revitalization and continues to see strong rent growth and property appreciation making this is an excellent investment.

Last Agent to Sell the Property

Tony Pepdjonovic

Marcus & Millichap Real Estate Investment Services Listed on: 07/30/2023

Last Buyer's Agent

Dream Team

Dreamega International Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,580

Year Built

  • Built in 1915

Lot Details

  • 7,132

Home Design

  • 3,783 Sq Ft Home
  • Frame Construction
  • Shingle Roof

Flooring

  • Wood
  • Granite
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • Heating Available
  • 100 Amp Service
  • 60 Amp Service
  • Natural Gas Connected

Additional Features

  • Dishwasher
  • Laundry Room
  • 7,132 Sq Ft Lot
  • Property is near public transit
  • Unfinished Basement

Listing and Financial Details

  • Total Actual Rent $4,860
  • Rent includes unit 2(hot water)

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park
  • Jogging Path

Building Details

  • Operating Expense $19,390
  • Net Operating Income $38,930

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,580

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1915
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: N/A
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Vinyl
  • Interior Amenities: Unit 2 Rooms(Office/Den), Unit 4 Rooms(Office/Den)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal), Unit 2(Range,Dishwasher,Disposal), Utility Connections for Gas Range
  • Total Bedrooms: 7
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Laundry Room
  • Basement: Unfinished
  • Living Area: 3783
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN1252
  • LIST PRICE PER Sq Ft: 330.43
  • PRICE PER Sq Ft: 310.6
  • MAIN SO: AN3355

Exterior Features

  • Exterior Features: Balcony,Garden Area
  • Construction Materials: Frame
  • Foundation Details: Granite
  • Frontage Length: 61
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Unit 1(Forced Air), Unit 2(Electric)
  • Electric: Circuit Breakers, 60 Amps/Less, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Laundromat, Highway Access, T-Station
  • Rent Includes: Unit 2(Hot Water)
  • Senior Community YN: No

Lot Info

  • Zoning: RESB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 7132
  • Lot Size Units: Acres
  • PAGE: .
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8580
  • Tax Book Number: .

Multi Family

  • Gross Income: 58320
  • Net Operating Income: 38930
  • Number Of Units Total: 4
  • Operating Expense: 19390
  • Total Actual Rent: 4860
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 2
  • LEVELS 2: 2
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 2

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
11/14/2023 11/14/23 Sold $1,175,000 -6.0% $311 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
07/30/2023 07/30/23 For Sale $1,250,000 0.0% $330 / Sq Ft
10/15/2016 10/15/16 Rented $1,200 -4.0% --
10/01/2016 10/01/16 Under Contract -- -- --
09/27/2016 09/27/16 For Rent $1,250 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73142259

MLS Property Information Network (MLS PIN)