NOT LISTED FOR SALE
4 Beds
4 Baths
1,888 Sq Ft
5,418 Sq Ft Lot

Last Sold March 07, 2023

Last sale price $750,000 $397 Per Sq Ft

20 Days on Market

Highlights

  • Scenic Views
  • Property is near public transit
  • Shops
  • Merrymount Elementary School Rated A-
  • Park
  • 1-minute walk to Arthur Boyson Park

About This Home

As of March 2023

Are you looking for an investment property in Quincy? This 4 unit apartment building located near the ocean (some water views) in Houghs Neck has been in the same family for 25+ years. Each unit is a 1 BR 1 Bath, currently renting at below market rents and are tenant at will. Property is located in Flood Zone AE. This property is in need of TLC and is ready for a new owner to improve and increase the ROI with current market rents. See MLS #73038290 12 Swan Road which is an ABUTTING 4 family, 1 BR 1 Bath property very similar to this property. All interested buyers/buyers agents advised to conduct their own due diligence on this property. Property is being SOLD in "as-is" "as-seen" condition without any "representations & warranties" expressed or implied. Offers MUST include proof of funds or pre-approval and allow 72 hours for seller's response. Due to Tenants we have specific showing times STARTING ON SAT 9/24 OPEN HOUSE 1-3 PM.

Last Agent to Sell the Property

Anne Marie Oxner

William Raveis R.E. & Home Services Listed on: 09/19/2022

William Raveis R.E. & Home Services

Last Buyer's Agent

Brad Hanley

Expanding Enterprises

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,219

Year Built

  • Built in 1955

Lot Details

  • 5,418 Sq Ft Lot
  • Cleared Lot

Parking

  • 1 Car Parking Space

Home Design

  • Quadruplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,888 Sq Ft Home
  • Scenic Vista Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Location

  • Flood Zone Lot
  • Property is near public transit

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $4,075
  • Rent includes unit 1(heat water), unit 2(heat water), unit 3(heat water), unit 4(heat water)
  • Legal Lot and Block 2 / 23
  • Assessor Parcel Number 173298

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Recreation

  • Park

Additional Features

  • Shops
  • Net Operating Income $27,681

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,219

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1955
  • Buyer Agency: 2.0
  • Transaction Broker: 1.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 3 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 4 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator)
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full
  • Living Area: 1888
  • Stories Total: 6
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 463.45
  • PRICE PER Sq Ft: 397.25
  • MAIN SO: AN4435

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck, Unit 4 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Other
  • Road Frontage Type: Public
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Beach Front, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park
  • Rent Includes: Unit 1(Heat,Water), Unit 2(Heat,Water), Unit 3(Heat,Water), Unit 4(Heat,Water)

Lot Info

  • Parcel Number: 173298
  • Zoning: RESA
  • Farm Land Area Units: Square Feet
  • Lot Features: Flood Plain, Cleared
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5418
  • Lot Size Units: Acres
  • PAGE: 136
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7219
  • Tax Block: 23
  • Tax Book Number: 656
  • Tax Lot: 2
  • Tax Map Number: 1088

Multi Family

  • Gross Income: 48900
  • Net Operating Income: 27681
  • Number Of Units Total: 4
  • Total Actual Rent: 4075
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

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
03/07/2023 03/07/23 Sold $750,000 -14.3% $397 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
09/19/2022 09/19/22 For Sale $875,000 -- $463 / Sq Ft
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: 73038286

MLS Property Information Network (MLS PIN)

APN: QUIN M:1088 B:23 L:2