NOT LISTED FOR SALE

26 Crescent St Unit 28 Quincy, MA 02169

South Quincy Neighborhood
19 Beds
11 Baths
7,891 Sq Ft
0.26 Acres

Last Sold October 25, 2021

Last sale price $2,300,000 $291 Per Sq Ft

17 Days on Market

About This Home

As of October 2021

A rare offering located seconds from the highway with easy Boston Access. Comprised of 3 separate buildings totaling 11 units, this property includes a 10+ car parking lot, two additional driveways, and a freestanding garage for storage. Thoughtfully maintained, this property is turn key with many long term tenants paying WELL BELOW market rent. The three commercial storefronts are consistently occupied and appeal to small businesses and start ups seeking office or retail space (always easily rented). All leases are TAW. Many new heating systems, recently installed 50 year roof, updated electrical, plumbing, and newly paved parking lot. This property offers a clear opportunity for immediate value add in addition to multiple streams of income from parking rental and potential garage rental.

Last Agent to Sell the Property

Hillary Birch

Compass Listed on: 06/02/2021

Compass

Last Buyer's Agent

Shailesh Shah

Boston Crown Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • 1930

Lot Details

  • 0.26

Parking

  • 1

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Furnace Brook to Crescent
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Appliances: Washer/Dryer, Gas Water Heater
  • Has Basement: Full
  • Total Bathrooms: 9.5
  • MAIN LO: AC1533
  • LIST PRICE PER Sq Ft: 316.18
  • PRICE PER Sq Ft: 291.47
  • MAIN SO: NB5129
  • Full Bathrooms: 8
  • Half Bathrooms: 3
  • Total Bedrooms: 19
  • Fireplace: No
  • Stories: 10

Exterior Features

  • Roof: Shingle
  • Foundation Details: Granite
  • Disclosures: Public Record Lists As 10, 26, 28 Crescent St. 7 Unit Building Is Rented As 247-253 Copeland. All Information Was Provided Via Public Record & Sellers, Listing Broker Makes No Warranties Or Representations, Buyer To Preform Due Diligence. See Attached, Some Lead Certs.
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 16

Utilities

  • HEAT UNITS: 9
  • Laundry Features: Laundry Room, Washer & Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Highway Access

Lot Info

  • LOT SIZE: 11391
  • PAGE: 0556
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 11325.6
  • Zoning: 0310, 1040

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 3
  • LEVELS 2: 1
  • 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: 2
  • Electric Expense: 1641
  • Annual Gross Income: 86400
  • Insurance Expense: 7000
  • Property Net Operating Income: 86400
  • Number Of Units Total: 11
  • Annual Operating Expense: 10209
  • Total Actual Rent: 14300

Tax Info

  • Tax Annual Amount: 17319
  • Tax Book Number: 30805
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Oct 25, 2021
Sold by
Toner Brothers Rt
Bought by
Calm Home Ma Llc
Seller's Agent
Hillary Birch
Compass
Buyer's Agent
Shailesh Shah
Boston Crown Realty, LLC
List Price
$2,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$195,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,610,000
Outstanding Balance
$1,471,352
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2012
Sold by
Copeland First Rt and Toner James E
Bought by
Toner Brothers Rt and Toner Steven J

Purchase Details

Closed on
Sep 11, 1984
Bought by
Toner Steven J
Source: Public Records

Range of Values:

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Average Value
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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
Calm Home Ma Llc $2,300,000 None Available
Toner Brothers Rt -- --
Toner Steven J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calm Home Ma Llc $1,610,000
Previous Owner Toner Steven J $185,959
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2021 10/25/21 Sold $2,300,000 -7.8% $291 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $2,495,000 -- $316 / 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 -- $1,565,300 $163,800 $1,401,500
2024 -- $1,515,400 $162,200 $1,353,200
2023 $0 $1,203,500 $160,500 $1,043,000
2022 $0 $981,300 $152,900 $828,400
2021 $0 $722,600 $151,400 $571,200
2020 $0 $689,800 $149,900 $539,900
2019 $0 $656,500 $148,400 $508,100
2018 $0 $614,100 $146,900 $467,200
2017 $0 $522,900 $142,600 $380,300
2016 -- $503,200 $142,600 $360,600
2015 -- $484,200 $142,600 $341,600
2014 -- $452,200 $142,600 $309,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72840925

MLS Property Information Network (MLS PIN)

APN: QUIN-004016-000000-000003