NOT LISTED FOR SALE

79 Germain Ave Quincy, MA 02169

Quincy Point Neighborhood
16 Beds
8 Baths
5,440 Sq Ft
9,148 Sq Ft Lot

Last Sold November 15, 2021

Last sale price $1,920,000 $353 Per Sq Ft

105 Days on Market

About This Home

As of November 2021

79-85 Germain Avenue is an 8 unit investment opportunity in Quincy, MA. The buildings have undergone full gut-rehabilitation and upgraded electrical service to both buildings. Interior upgrades include brand new custom kitchens, appliances, bathrooms, recessed lighting and hardwood floors throughout. Exterior upgrades include new vinyl siding, new windows and rubber roofs. There is direct public bus access on Washington St (3A) via Bus 222 & 220 to Quincy Center Station (Red Line and Commuter Rail). Area retailers include : Stop & Shop, Roche Bros, Wal-Mart, CVS, 7-11, Verizon, Convenient MD, Dunkin, Wendy’s, AutoZone etc. **Deed Restriction: "All 8 residential units located within the property shall now, and hereafter, be subject to and restricted by the requirements of the City of Quincy Affordable Housing Guidelines, and rules & regulations promulgated by the Commonwealth of Mass and adopted by the city of Quincy"

Last Agent to Sell the Property

Tony Pepdjonovic

Marcus & Millichap Real Estate Investment Services Listed on: 06/01/2021

Last Buyer's Agent

Tony Pepdjonovic

Marcus & Millichap Real Estate Investment Services Listed on: 06/01/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • 1915

Lot Details

  • 9,148

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • Directions: GPS
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1915

Interior Features

  • Has Basement: Unfinished
  • Total Bathrooms: 8
  • MAIN LO: AN1252
  • LIST PRICE PER Sq Ft: 366.73
  • PRICE PER Sq Ft: 352.94
  • MAIN SO: AN1252
  • Full Bathrooms: 8
  • Total Bedrooms: 16
  • Fireplace: No
  • Stories: 3

Exterior Features

  • Roof: Rubber
  • Foundation Details: Concrete Perimeter
  • Construction Type: Stone
  • Disclosures: **deed Restriction: "all 8 Residential Units Located Within The Property Shall Now, And Hereafter, Be Subject To And Restricted By The Requirements Of The City Of Quincy Affordable Housing Guidelines, And Rules & Regulations Promulgated By The Commonwealth Of Mass And Adopted By The City Of Quincy"
  • Lot Features: Other
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • LOT SIZE: 9147
  • PAGE: .
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 9147.6
  • Zoning: RESB

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 188940
  • Property Net Operating Income: 130751
  • Number Of Units Total: 8
  • Annual Operating Expense: 58189
  • Total Actual Rent: 15745

Tax Info

  • Tax Annual Amount: 17802
  • Tax Book Number: .
  • Tax Year: 2021

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

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2021 11/15/21 Sold $1,920,000 -3.8% $353 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
07/29/2021 07/29/21 Price Changed $1,995,000 -2.7% $367 / Sq Ft
06/01/2021 06/01/21 For Sale $2,050,000 -- $377 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tony Pepdjonovic

    Seller's Agent in 2021

    Tony Pepdjonovic

    Marcus & Millichap Real Estate Investment Services

    (617) 896-7277

    1 in this area

    23 Total Sales

    Tony Pepdjonovic
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72840252

MLS Property Information Network (MLS PIN)

APN: QUIN M:2060 B:53 L:146

Massachusetts Norfolk County Quincy 02169 Quincy Point

79 Germain Ave, Quincy, MA

This home is located at 79 Germain Ave, Quincy, MA 02169 since 01 June 2021. This property was built in 1915. 79 Germain Ave is a home located in Norfolk County with nearby schools including Point Webster Middle School, Clifford H. Marshall Elementary School, and Quincy High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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