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

Sale Details

Date Sold: March 7, 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

5,418 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1955
  • 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
  • Basement: Full
  • Living Area: 1888
  • Stories Total: 6
  • MAIN LO: M59500
  • 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 Sq Ft: 5418
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7219
  • Tax Block: 23
  • Tax Lot: 2

Multi Family

  • 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 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
Bought by

Purchase Details

Closed on
Oct 28, 2014
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,500,000 None Available
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,727 $756,900 $292,600 $464,300
2024 $8,215 $728,900 $284,100 $444,800
2023 $7,488 $672,800 $247,100 $425,700
2022 $7,219 $602,600 $224,600 $378,000
2021 $6,997 $576,400 $224,600 $351,800
2020 $6,839 $550,200 $216,000 $334,200
2019 $6,472 $515,700 $201,800 $313,900
2018 $6,667 $499,800 $175,500 $324,300
2017 $6,836 $482,400 $175,500 $306,900
2016 $6,346 $441,900 $175,500 $266,400
2015 $6,119 $419,100 $165,600 $253,500
2014 $6,002 $403,900 $157,700 $246,200
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

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