Seller's Agent in 2023
Robert Cusack
Cusack & Associates
(781) 848-3388
1 in this area
68 Total Sales
31 Revere Rd Unit 37 Quincy, MA 02169
Quincy Center Neighborhood
12
Beds
8.5
Baths
8,102
Sq Ft
0.41
Acres
Highlights
- Marina
- Property is near public transit
- Porch
- 0.41 Acre Lot
- Wood Flooring
- Park
About This Home
As of July 2023Located in the heart of the new and beautiful Quincy Center! The QCZD-10 zoning designation allows the development of up to 10 stories on Revere Road parcel. The current cash flow from the existing 8 units with no lease commitments generates significant positive cash flow which can easily be increased by future management. Presently Two 4-Family units on the same parcel. The units consist of 6 one bedroom units (which possibly could be converted to 2 BR units) and 1 three bedroom units. Three units have been recently updated. Both buildings have full basements with separate storage areas for all 8 units. There is also 6 unit garage on site that could be used for additional storage. The site is minutes from the Quincy Center T stop and Commuter Rail and other amenities so no vehicle needed! The 17,751 SF is located across from some of Quincy's most exciting and best performing new multi family developments.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,609
Year Built
- Built in 1900
Lot Details
- 0.41 Acre Lot
- Gentle Sloping Lot
Home Design
- 8,102 Sq Ft Home
- Stone Foundation
- Frame Construction
- Slate Roof
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 12 Bedrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Block Basement Construction
Parking
- 7 Car Parking Spaces
- Off-Street Parking
Location
- Flood Zone Lot
- Property is near public transit
- Property is near schools
Schools
- Central Middle School
- QHS High School
Utilities
- 8 Heating Zones
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Electric Dryer Hookup
- Porch
Listing and Financial Details
- Total Actual Rent $8,095
- Legal Lot and Block 3 / 31
- Assessor Parcel Number 1143 31 3,175286
Community Details
Overview
- 8 Units
- Property has 1 Level
Amenities
- Shops
Recreation
- Marina
- Park
Building Details
- Water Sewer Expense $3,600
- Operating Expense $3,600
- Net Operating Income $112,740
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/14/2023 07/14/23 | Sold | $2,600,000 | -3.7% | $321 / Sq Ft | |
| 05/06/2023 05/06/23 | Pending | -- | -- | -- | |
| 04/20/2023 04/20/23 | For Sale | $2,699,000 | +36.7% | $333 / Sq Ft | |
| 09/13/2018 09/13/18 | Sold | $1,975,000 | -17.7% | $380 / Sq Ft | View Prior Sale |
| 07/13/2018 07/13/18 | Pending | -- | -- | -- | |
| 06/05/2018 06/05/18 | Price Changed | $2,400,000 | -19.9% | $462 / Sq Ft | |
| 05/04/2018 05/04/18 | For Sale | $2,995,000 | -- | $576 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Robert Cusack
-
Jing Zheng
J
Buyer's Agent in 2023
Jing Zheng
Keller Williams Realty
(617) 599-3169
5 in this area
130 Total Sales
-
Joseph DeAngelo
Seller's Agent in 2018
Joseph DeAngelo
Coldwell Banker Realty - Boston
(617) 680-7371
92 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73101319
APN: QUIN M:1143 B:31 L:3
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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