NOT LISTED FOR SALE

Estimated Value: $1,475,174

14 Beds
3 Baths
3,721 Sq Ft
$396/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $1,300,000 $349 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,783/month

108 Days on Market

Highlights

  • Granite Flooring
  • 4-minute walk to North Quincy Station
  • Tennis Courts
  • North Quincy High School Rated A
  • Property is near public transit
  • Porch

About This Home

As of December 2022

LOCATION! LOCATION! AMAZING INVESTMENT OPPORTUNITY BRINGING IN HIGH RENTAL INCOME!! LARGE ROOMING HOUSE CONSISTING OF 14 ROOMING ROOMS FOR SALE IN NORTH QUINCY CLOSE TO NORTH QUINCY T STATION!! High occupancy. 1st floor consists of 5 rooming rooms, kitchen, laundry area, and 1 bathroom. 2nd floor and 3rd floor consist of 9 rooming rooms, office, kitchen, laundry area, and 2 bathrooms. Gas cooking. Large parking lot offering plenty of parking spaces. Desirable location! Close to North Quincy T Station (Red Line), restaurants, supermarkets, banks, post office, library, tennis courts, and more! Easy highway access. Don't miss this!!

Last Agent to Sell the Property

Derek Wong

V & E Realty Listed on: 06/09/2022

Last Buyer's Agent

Derek Wong

V & E Realty Listed on: 06/09/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,116

Year Built

  • Built in 1919

Lot Details

  • 6,588

Home Design

  • Rooming House
  • Frame Construction

Interior Spaces

  • 3,721 Sq Ft Home
  • Property has 1 Level
  • Granite Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Off-Street Parking

Additional Features

  • Porch
  • 6,588 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $12,021
  • Assessor Parcel Number M:6036 B:6 L:38

Community Details

Recreation

  • Tennis Courts

Additional Features

  • Shops
  • Net Operating Income $142,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,116

Year Built

Built in 1919

Lot Details

6,588 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - Rooming House
  • Year Built: 1919
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 14
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3721
  • Stories Total: 3
  • MAIN LO: BB4796
  • MAIN SO: BB4796

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Granite
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Waterfront Features: Beach Front, 1 to 2 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Highway Access, T-Station

Lot Info

  • Parcel Number: M:6036 B:6 L:38
  • Zoning: BUSB
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6588
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10116

Multi Family

  • Net Operating Income: 142800
  • Number Of Units Total: 1
  • Total Actual Rent: 12021
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2017
Sold by
Dig 1 Llc
Bought by
North Quincy Inn Llc
Current Estimated Value
$1,475,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Outstanding Balance
$551,453
Interest Rate
3.94%
Mortgage Type
Unknown
Estimated Equity
$923,721

Purchase Details

Closed on
Oct 1, 2008
Sold by
South Coastal Bk
Bought by
Dig 1 Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
North Quincy Inn Llc $1,080,000 --
Dig 1 Llc $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open North Quincy Inn Llc $655,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2022 12/02/22 Sold $1,300,000 -13.3% $349 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/20/2022 09/20/22 Price Changed $1,499,000 -5.1% $403 / Sq Ft
06/09/2022 06/09/22 For Sale $1,580,000 -- $425 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $14,208 $1,232,300 $373,100 $859,200
2024 $12,965 $1,150,400 $373,100 $777,300
2023 $10,796 $970,000 $355,300 $614,700
2022 $10,116 $844,400 $309,000 $535,400
2021 $10,023 $825,600 $294,200 $531,400
2020 $9,796 $788,100 $294,200 $493,900
2019 $9,759 $777,600 $275,000 $502,600
2018 $11,114 $833,100 $254,600 $578,500
2017 $10,147 $716,100 $242,500 $473,600
2016 $9,715 $676,500 $210,900 $465,600
2015 $9,096 $623,000 $191,700 $431,300
2014 $9,123 $613,900 $182,600 $431,300
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72995375

MLS Property Information Network (MLS PIN)

APN: QUIN-006036-000006-000038

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