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19-27 Elmwood Park Quincy, MA 02170
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Key Details
Sold Price $2,350,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,750 sqft
Price per Sqft $241
MLS Listing ID 72349675
Bedrooms 22
Full Baths 12
Year Built 1966
Annual Tax Amount $25,678
Tax Year 2018
Lot Size 0.600 Acres
Property Sub-Type 5-9 Family
Property Description
Great investment opportunity in the beautiful Wollaston neighborhood of Quincy. Rare opportunity to purchase 2 multi-family buildings (Separately Deeded and 6 units each) with a 22 space parking lot in rear. Each building has 5-two bedroom units and 1-one bedroom unit. All 2 bedroom units have the same layout and all units have separate utilities except for one of the 1 bed units. All units are Tenancy at Will. Roofs stripped and newly installed in 2016. New central fire alarm system in 2017. Coin operated laundry in each building. Property is very close to Andrews Park in East Milton and a short distance to the Wollaston T station and East Milton Square where there are Restaurants, Shopping and a nice market. Close proximity to Rt. 93 and Rt. 3. Excellent NOI with room to increase as rents are at the lower end of the Quincy market. Please see attached NOI/Cap Rate statement. Letters of full initial lead inspection compliance for every unit/common area will be provided.
Location
State MA
County Norfolk
Zoning Res B
Interior
Heating Unit 1(Electric Baseboard, Individual, Unit Control), Unit 2(Electric Baseboard, Individual, Unit Control), Unit 3(Electric Baseboard, Individual, Unit Control), Unit 4(Electric Baseboard, Individual, Unit Control)
Cooling Unit 1(Wall AC), Unit 2(Wall AC), Unit 3(Wall AC), Unit 4(Wall AC)
Laundry Laundry Room
Exterior
Community Features Public Transportation, Shopping, Tennis Court(s), Park, Golf, Highway Access, House of Worship, Public School, T-Station
Waterfront Description Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Roof Type Shingle
Building
Story 11
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Read Less
Bought with Jimmy Z. Wen • MP Signature Realty LLC

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