NOT LISTED FOR SALE

Estimated Value: $1,110,000 - $1,213,752

8 Beds
4 Baths
3,200 Sq Ft
$369/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $1,180,000 $369 Per Sq Ft

Current estimated payment $7,389/month

11 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Shops
  • Merrymount Elementary School Rated A-
  • Wood Flooring
  • 3 Car Garage

About This Home

As of June 2024

Great Investment Opportunity or Owner Occupied Situation letting the tenants help pay your mortgage every month. 3rd floor will be vacant June 1. Very clean building in a super convenient location nestled in the heart of Quincy Center on a side street! Just a short distance to the Red-Line Train Station, Bus and Down Town Shops & Eateries. Tenants pay all their own utilities (heat, hot h20, electric). The property comes with 3 parking spaces in the parking garage across the street.

Last Agent to Sell the Property

John Connolly

Real Broker MA, LLC Listed on: 04/10/2024

Real Broker MA, LLC

Co-Listed By

Joe Spinella

Real Broker MA, LLC

Last Buyer's Agent

Angela Cui

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,308

Year Built

  • Built in 1900

Lot Details

  • 4,004

Parking

  • 3 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Home Design

  • 3,200 Sq Ft Home
  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Deck
  • 4,004 Sq Ft Lot
  • Finished Basement

Listing and Financial Details

  • Total Actual Rent $7,290
  • Assessor Parcel Number 175024

Community Details

Overview

  • 3 Units
  • Property has 2 Levels

Amenities

  • Shops

Building Details

  • Electric Expense $620
  • Insurance Expense $2,667
  • Water Sewer Expense $3,246
  • Operating Expense $6,533
  • Net Operating Income $87,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,308

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Vinyl, Carpet
  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Finished
  • Living Area: 3200
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: BB2685
  • LIST PRICE PER Sq Ft: 375
  • PRICE PER Sq Ft: 368.75
  • MAIN SO: BB6013

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Deeded
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Electric: Circuit Breakers
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Public School, T-Station, University
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3246

Lot Info

  • Parcel Number: 175024
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 4004
  • Lot Size Units: Acres
  • PAGE: 9
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10308
  • Tax Book Number: 9

Multi Family

  • Electric Expense: 620
  • Gross Income: 87480
  • Insurance Expense: 2667
  • Net Operating Income: 87480
  • Number Of Units Total: 3
  • Operating Expense: 6533
  • Total Actual Rent: 7290
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2012
Sold by
40-42 Saville T
Bought by
J & J Rt Partnership Llc
Total Days on Market
11
Current Estimated Value
$1,180,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.94%
Mortgage Type
New Conventional
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
J & J Rt Partnership Llc $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shi Qingsong $700,000
Closed Shi Qingsong $700,000
Closed J & J Rt Partnership Llc $950,000
Closed J & J Rt Partnership Llc $210,000
Closed J & J Rt Partnership Llc $225,000
Previous Owner 40-42 Saville T $496,000
Previous Owner Kendall Ann-Marie $160,000
Previous Owner Kendall Annmarie $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $1,180,000 -1.7% $369 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $1,200,000 -- $375 / 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 $11,510 $998,300 $252,900 $745,400
2024 $10,308 $914,600 $240,800 $673,800
2023 $9,399 $844,500 $218,900 $625,600
2022 $9,362 $781,500 $199,000 $582,500
2021 $9,324 $768,000 $199,000 $569,000
2020 $8,958 $720,700 $189,500 $531,200
2019 $8,911 $710,000 $178,800 $531,200
2018 $7,716 $578,400 $178,800 $399,600
2017 $7,833 $552,800 $170,300 $382,500
2016 $7,420 $516,700 $162,200 $354,500
2015 $7,395 $506,500 $162,200 $344,300
2014 $6,691 $450,300 $154,500 $295,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73222272

MLS Property Information Network (MLS PIN)

APN: QUIN-001128-000017-B000000