NOT LISTED FOR SALE

53 Centre St Quincy, MA 02169

South Quincy Neighborhood
11 Beds
6.5 Baths
5,732 Sq Ft
0.27 Acres

Last Sold September 10, 2021

Last sale price $1,700,000 $297 Per Sq Ft

2 Days on Market

Highlights

  • Medical Services
  • Intercom
  • Laundry Room
  • Property is near public transit
  • Cooling Available
  • Shops

About This Home

As of September 2021

TURNKEY 6-UNIT BRICK BUILDING in an INCREDIBLE LOCATION. 5 units are 2 bedroom, 1 bath. 1 units is 1bedroom, 1 bath. Building has lead compliance certification. All units have large size bedrooms, kitchen with dishwasher, dinning area, wall A/C, wall to wall carpet, picture window. little maintenance, separate gas meter, Coin-op laundry in building yields approximately $100/month. Unit 6 is vacant for showing. Total rent $9845/month. Minutes to route 3, route 128, and I93. 15 minutes walk to BJ, Red Line Quincy Adams T station.

Last Agent to Sell the Property

Gigi Nguyen

Harmony Hill Realty LLC Listed on: 08/13/2021

Last Buyer's Agent

Josh McKenna

Branca Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,886

Year Built

  • Built in 1975

Lot Details

  • 0.27 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,732 Sq Ft Home
  • 4-Story Property
  • Carpet
  • Intercom
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 11 Bedrooms

Parking

  • 11 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $9,945
  • Rent includes unit 1(hot water), unit 2(heat hot water), unit 3(heat hot water), unit 4(hot water)
  • Assessor Parcel Number M:4029 B:13 L:3

Community Details

Overview

  • 6 Units

Amenities

  • Medical Services
  • Shops

Building Details

  • Electric Expense $500
  • Insurance Expense $4,000
  • Water Sewer Expense $6,500
  • Operating Expense $17,690
  • Net Operating Income $101,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,886

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1975
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Carpet
  • Interior Amenities: Other (See Remarks), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen), Unit 4 Rooms(Living Room,Dining 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), Gas Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 11
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Laundry Features: Laundry Room
  • Living Area: 5732
  • Other Equipment: Intercom
  • Stories Total: 4
  • MAIN LO: AN1511
  • MAIN SO: AC1563

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Assigned, Paved
  • Total Parking Spaces: 11

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Unit 1(Wall AC), Unit 2(Wall AC), Unit 3(Wall AC), Unit 4(Wall AC)
  • Heating: Natural Gas, 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: 220 Volts, Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Hot Water), Unit 2(Heat,Hot Water), Unit 3(Heat,Hot Water), Unit 4(Hot Water)

Fee Information

  • Water Sewer Expenses: 6500

Lot Info

  • Parcel Number: M:4029 B:13 L:3
  • Zoning: RESB
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.27
  • Lot Size Sq Ft: 11761.2
  • Lot Size Units: Acres
  • LOT SIZE: 11822

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 15886

Multi Family

  • Electric Expense: 500
  • Insurance Expense: 4000
  • Net Operating Income: 101840
  • Number Of Units Total: 6
  • Operating Expense: 17690
  • Total Actual Rent: 9945
  • Basement Included Sq Ft: Yes
  • LEVELS 4: 1
  • LEASE 4: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 1

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
09/10/2021 09/10/21 Sold $1,700,000 0.0% $297 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $1,700,000 +32.8% $297 / Sq Ft
12/21/2016 12/21/16 Sold $1,280,000 -5.2% $223 / Sq Ft View Prior Sale
03/30/2016 03/30/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $1,350,000 -- $236 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gigi Nguyen

    Seller's Agent in 2021

    Gigi Nguyen

    Harmony Hill Realty LLC

    (617) 326-8888

    1 in this area

    28 Total Sales

    Gigi Nguyen
    Section Image
  • Josh McKenna

    Buyer's Agent in 2021

    Josh McKenna

    Branca Real Estate

    (781) 264-4924

    1 in this area

    14 Total Sales

    Josh McKenna
    Section Image

  • M

    Seller's Agent in 2016

    Mark Smith

    Metro Realty

    (617) 832-5779

    3 Total Sales

    Mark Smith
    Section Image

  • D

    Buyer's Agent in 2016

    Dan Ton

    Kava Realty Group, Inc.

    (781) 888-0004

    1 in this area

    53 Total Sales

    Dan Ton
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72881268

MLS Property Information Network (MLS PIN)
Massachusetts Norfolk County Quincy 02169 South Quincy

53 Centre St, Quincy, MA

Not Listed for Sale

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