Outstanding income potential with a great location!! This is perfect for a contractor, investor or someone needing workshop/car storage. An exceptional Federal Style colonial home from 1797, is set on a corner lot with over 11,500 sq.ft...Two of the apartments contain 2 bedroom/one-bathroom bi-level units and third unit is a large studio. The barn/garage is 24 x 40 with 2 floors and 3 overhead doors, two separate paved drives. Possibility of adding a 1000 sq. ft. apartment for a 4th unit above. Property has gas heat, 200-amp service, 3 units have separate meters. All 3 units have washer and dryer hook ups. Excellent condition throughout. No Flood insurance needed here. Walk to the N. Quincy T, close to Wollaston Beach and highways. This unique property must be seen to appreciate! Please follow Showing instructions
This home has been viewed 55 times
Last Checked: May 7th, 2024 at 12:31am (Source: MLS PIN #73055868)
Gross Income: $72,000
Gross Expenses: $12,012
Net Income Calc: $59,988
Water Views
Annual Expenses for 220 E Squantum St, Quincy MA 02171
Total Gross Expenses (Calculated)$12,012/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax12012
Annual Income & Unit Breakdown for 220 E Squantum St, Quincy MA 02171
Total Gross Income (Calculated)$72,000
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit2
Rent IncludesHeat
Unit 3
Rental Income$0
Lease
Bedrooms0
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 220 E Squantum St, Quincy MA 02171
Listing ID73055868
Property TypeMulti Family / 3 Family
Price1188888 ($340.46/SqFt)
Style3 Family
CityQuincy
CountyNorfolk
Neighborhood(s)
Approximate Living Area Total3492
Approximate Lot Size (Acres)0.27
Total Parking13 (3 Garage)
Garage Parking3
Year Built1797
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRESB
Water ViewsYes
Water Views FeaturesBay
Waterfront FeaturesRiver
Terms
Disclosures for 220 E Squantum St, Quincy MA 02171
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Personal Property.
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 Compensation0
Compensation Based OnGross/full Sale Price
Financial Information for 220 E Squantum St, Quincy MA 02171
Real Estate Taxes12012
Tax Year2022
Assessed Value$1,002,700
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 220 E Squantum St, Quincy MA 02171
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 220 E Squantum St, Quincy MA 02171