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Expired

88-92 Old Colony Ave, Quincy MA 02170

$2,100,000

Estimated $4,751/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $350,000

Total Rent: 90600/year

Estimated CAP Rate:

14 Bedrooms

Baths

5664

Total Parking: 14 (3 Garage)

7,427 (0.17)

Rarely available 6-family investment opportunity in the highly desirable Wollaston location, within a short walk to the Redline T station, restaurants, supermarket, and easy highway access. This oversized 6-family was completely gut-renovated and updated in 1997 and has been well-maintained since. Each unit boasts a unique layout, spread over a mix of 2 & 3 bedrooms, all with large kitchens and baths, and several with private covered porches. Three basements with common storage, one of which has coin-operated laundry. Abundant parking includes a paved driveway with two tandem lanes and an individual spot, as well as three garages and another 3 paved spaces in the back of the building. A lot of rooms to grow in the rent roll, and great value add when Wollaston Urban Revitalization is completed.

This home has been viewed 68 times

Last Checked: May 6th, 2024 at 11:21pm (Source: MLS PIN #73044819)

Gross Income: $90,600

Gross Expenses: $26,181

Net Income Calc: $64,419

Annual Expenses for 88-92 Old Colony Ave, Quincy MA 02170

Total Gross Expenses (Calculated)$26,181/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax16152.6

Annual Income & Unit Breakdown for 88-92 Old Colony Ave, Quincy MA 02170

Total Gross Income (Calculated)$90,600

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 88-92 Old Colony Ave, Quincy MA 02170

Listing ID73044819

Property TypeMulti Family / 5+ Family

Price2100000 ($370.76/SqFt)

Style5-9 Family

CityQuincy

CountyNorfolk

Neighborhood(s)

Approximate Living Area Total5664

Approximate Lot Size (Acres)0.17

Total Parking14 (3 Garage)

Garage Parking3

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningRES B

Water Views

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 88-92 Old Colony Ave, Quincy MA 02170

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTenants Personal Belongings.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Compensation Based OnNet Sale Price

Financial Information for 88-92 Old Colony Ave, Quincy MA 02170

Real Estate Taxes16152.6

Tax Year2022

Assessed Value$1,348,300

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 88-92 Old Colony Ave, Quincy MA 02170

Neighborhood(s)

Area Amenities

Contact Information for 88-92 Old Colony Ave, Quincy MA 02170

Agent

Name: Danny Zheng

Office

Name: Keller Williams Realty

Phone: 781-843-3200

Payment Calculator

, Interest

Property Taxes 1346.05

Principal & Interest 12939.53

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty

Danny Zheng

Agent Phone

Office Phone

(781) 843-3200

Text Agent Call Agent Call Office

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    [unparsed] => 88-92 Old Colony Ave, Quincy MA 02170
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EXIT

28 More Photos

Expired

88-92 Old Colony Ave, Quincy MA 02170

$2,100,000

Annual Expenses for 88-92 Old Colony Ave, Quincy MA 02170

Annual Income & Unit Breakdown for 88-92 Old Colony Ave, Quincy MA 02170

General Information for 88-92 Old Colony Ave, Quincy MA 02170

Disclosures for 88-92 Old Colony Ave, Quincy MA 02170

Financial Information for 88-92 Old Colony Ave, Quincy MA 02170

Location Information for 88-92 Old Colony Ave, Quincy MA 02170

Contact Information for 88-92 Old Colony Ave, Quincy MA 02170

Agent

Office

Payment Calculator

Exclusive Listing Agent

Keller Williams Realty

Danny Zheng