NOT LISTED FOR SALE

Estimated Value: $931,000 - $1,047,000

12 Beds
12 Baths
5,832 Sq Ft
$169/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $3,400,000 $583 Per Sq Ft

Current estimated payment $6,099/month

About This Home

As of January 2022

Assets like this rarely become available! This NORTH QUINCY Brick 12 unit building, consisting of (11) 1 bed units and 1 studio apartment, was custom built and owned by the same family for over 50 years! North Quincy is a bustling section of the city in a class of its own as far as demand with its proximity to area amenities such as the Redline and the Beach. All while being a stones throw away from downtown Boston. The building was built to make sense as most of the units are spacious mirror images of one another. Some units has experienced upgrades over the last few years, but the building has maintained log standing tenants. Major capital improvements include a brand new gas boiler and some recently upgraded units. This building offers secure cashflow with opportunities to grown the rent roll all while being in a high demand and fast developing location.

Last Agent to Sell the Property

Alex Walsh

Access Listed on: 11/04/2021

Last Buyer's Agent

Stone Horse Properties Group

Access

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,221

Year Built

  • 1970

Lot Details

  • 8,712

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,221

Year Built

1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Google Maps
  • Garage Yn: No
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1970

Interior Features

  • Has Basement: Walk-Out Access
  • Total Bathrooms: 12
  • MAIN LO: AN4691
  • LIST PRICE PER Sq Ft: 557.27
  • PRICE PER Sq Ft: 582.99
  • MAIN SO: AN4691
  • Full Bathrooms: 12
  • Total Bedrooms: 12
  • Fireplace: No
  • Stories: 3

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Construction Type: Brick
  • Disclosures: See Rent Roll Attached, Vacant Units Show A Projected Rent Amount. Expenses Are Ytd. Parking Is Estimated At 12 Spaces. Room Count And Bed Count Is From Public Record. All Info To Be Verified By Buyer/ Buyers Agent. Lead Certs Are In Hand For All Units Besides Unit 5. Tenants Are Taw, Only One Lease
  • Exclusions: Tenants Belongings
  • Waterfront Features: Beach Front, Bay, Ocean, 1/2 to 1 Mile To Beach
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Open Parking: Yes
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • LOT SIZE: 8700
  • PAGE: 375
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 8712
  • Zoning: BUSC

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1
  • Number Of Units Total: 12

Tax Info

  • Tax Annual Amount: 20419
  • Tax Book Number: 24377
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2007
Sold by
Palmiero Anna L
Bought by
Palmiero Anna L and Palmiero David A
Current Estimated Value
$985,876
Source: Public Records

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
Palmiero Anna L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2022 01/21/22 Sold $3,400,000 +4.6% $583 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $3,250,000 -- $557 / 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 $10,221 $886,500 $311,300 $575,200
2024 $9,594 $851,300 $296,600 $554,700
2023 $9,178 $824,600 $269,900 $554,700
2022 $9,414 $785,800 $245,700 $540,100
2021 $8,669 $714,100 $245,700 $468,400
2020 $8,707 $700,500 $231,900 $468,600
2019 $8,099 $645,300 $214,900 $430,400
2018 $7,835 $587,300 $195,700 $391,600
2017 $7,252 $511,800 $186,500 $325,300
2016 $6,528 $454,600 $169,800 $284,800
2015 $6,468 $443,000 $160,300 $282,700
2014 $5,801 $390,400 $160,300 $230,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72916480

MLS Property Information Network (MLS PIN)

APN: QUIN-002037-000041-000001