$1,550,000
SOLD NOV 5, 2024
8 Beds
4 Baths
3,200 Sq Ft
6,000 Sq Ft Lot

Recently Sold

$484 Per Sq Ft

3% Below List Price

9 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Wood Flooring
  • Central Middle School Rated A-
  • Property is near public transit
  • Park

About This Home

As of November 2024

Step into this meticulously renovated, fully turn-key 4-unit building nestled in a desirable Quincy neighborhood. Perfect for investors looking for immediate cash flow, each unit boasts modern upgrades, high-end finishes, and central air, ensuring top rental potential. Tenants will appreciate the comfort and convenience, with ample off-street parking and a large, well-maintained yard for outdoor enjoyment and a private deck off each unit. All units have been thoughtfully updated, making property management a breeze. Newer roof, newer windows, newer mechanicals! Whether you're expanding your portfolio or looking to start one, this low-maintenance, income-generating property is ready to go! Don't miss out on this money-making gem!

Last Agent to Sell the Property

Alex Walsh

Access Listed on: 08/27/2024

Co-Listed By

Katelyn Sullivan

Access

Last Buyer's Agent

Rose Hall

Blue Ocean Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,004

Year Built

  • Built in 1925

Interior Spaces

  • 3,200 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

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

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Deck
  • 6,000 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $10,290
  • Assessor Parcel Number M:1184 B:7 L:19,176412

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Golf Course Community
  • Park

Building Details

  • Electric Expense $250
  • Insurance Expense $3,635
  • Water Sewer Expense $3,000
  • Operating Expense $6,885
  • Net Operating Income $87,195

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,004

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1925
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile, Hardwood
  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full
  • Living Area: 3200
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN4691
  • LIST PRICE PER Sq Ft: 500
  • PRICE PER Sq Ft: 484.38
  • MAIN SO: AN2056

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Waterfront Features: Beach Front, Ocean
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Highway Access, Private School, Public School, T-Station, University
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3000

Lot Info

  • Parcel Number: M:1184 B:7 L:19,176412
  • Zoning: RESB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6000
  • Lot Size Units: Acres
  • PAGE: 347
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11003.8
  • Tax Book Number: 37299

Multi Family

  • Electric Expense: 250
  • Gross Income: 123480
  • Insurance Expense: 3635
  • Net Operating Income: 87195
  • Number Of Units Total: 4
  • Operating Expense: 6885
  • Total Actual Rent: 10290
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

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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
11/05/2024 11/05/24 Sold $1,550,000 -3.1% $484 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $1,599,999 -- $500 / 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: 73282126

MLS Property Information Network (MLS PIN)