NOT LISTED FOR SALE
5 Beds
5 Baths
2,880 Sq Ft
0.26 Acres

Last Sold November 01, 2023

Last sale price $910,000 $316 Per Sq Ft

Highlights

  • 0.26 Acre Lot
  • Corner Lot
  • Laundry Room
  • Property is near public transit
  • Cooling Available
  • 2-minute walk to Flynn Playground

About This Home

As of November 2023

*** OPEN HOUSES HAVE BEEN CANCELED DUE TO SELLER ACCEPTING OFFER. *** Are you looking for an investment property in Quincy? This is the best value in Quincy with an assessed value of $1,059,600. This 5 unit apartment building located near all amenities has been in the same family for 37+ years. Each unit is a 1 BR 1 Bath, currently renting at below market rents & are all tenants at will. List sale includes an additional lot used currently for parking and may be buildable. This property is in need of TLC and is ready for a new owner to improve and increase the ROI with current market rents. All interested buyers/buyers agents are 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 24 hours for seller's response.

Last Agent to Sell the Property

Jillian Crowley

Keller Williams Realty Listed on: 09/07/2023

Keller Williams Realty

Last Buyer's Agent

Jillian Crowley

Keller Williams Realty Listed on: 09/07/2023

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,793

Year Built

  • Built in 1970

Lot Details

  • 0.26 Acre Lot
  • Corner Lot

Home Design

  • 2,880 Sq Ft Home
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 10 Car Parking Spaces
  • Shared Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters

Additional Features

  • Dishwasher
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $6,750
  • Rent includes unit 1(heat gas water), unit 2(heat gas water), unit 3(heat gas water), unit 4(heat gas water)
  • Assessor Parcel Number M:2069 B:2 L:26,179165

Community Details

Overview

  • 5 Units
  • Property has 3 Levels

Amenities

  • Shops

Building Details

  • Electric Expense $454
  • Insurance Expense $6,064
  • Water Sewer Expense $2,163
  • Operating Expense $23,736
  • Net Operating Income $24,867

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,793

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1970
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 15

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Unit 3(Range,Dishwasher,Refrigerator), Unit 4(Range,Dishwasher,Refrigerator)
  • Total Bedrooms: 5
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Laundry Features: Laundry Room, Washer & Dryer Hookup
  • Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
  • Living Area: 2880
  • Spa YN: No
  • Stories Total: 15
  • MAIN LO: BB6013
  • LIST PRICE PER Sq Ft: 277.78
  • PRICE PER Sq Ft: 315.97
  • MAIN SO: BB6013

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off Street, Driveway, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC), Unit 4(Window AC)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas), Unit 4(Hot Water Baseboard,Gas)
  • Cooling Y N: Yes
  • Electric: Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping
  • Rent Includes: Unit 1(Heat,Gas,Water), Unit 2(Heat,Gas,Water), Unit 3(Heat,Gas,Water), Unit 4(Heat,Gas,Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2163

Lot Info

  • Parcel Number: M:2069 B:2 L:26,179165
  • Zoning: RESB
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11340
  • Lot Size Units: Acres
  • PAGE: 561
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11793
  • Tax Book Number: 7321

Multi Family

  • Electric Expense: 454
  • Gross Income: 48600
  • Insurance Expense: 6064
  • Net Operating Income: 24867
  • Number Of Units Total: 5
  • Operating Expense: 23736
  • Total Actual Rent: 6750
  • LEVELS 1: 3
  • Basement Included Sq Ft: Yes
  • LEVELS 4: 3
  • LEVELS 2: 3
  • LEVELS 3: 3
  • 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
11/01/2023 11/01/23 Sold $910,000 +13.8% $316 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $800,000 -- $278 / 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: 73156450

MLS Property Information Network (MLS PIN)