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Closed

41-43 Grossman St, Quincy MA 02169

$739,986

Estimated $1,732.46/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $369,993

Total Rent: 66000/year

Estimated CAP Rate: 8.06%

5 Bedrooms

2 Full Baths

1,774 SqFt

Total Parking: 3

4,102 SqFt

Great opportunity knocks! Come fall in love with this beautiful, renovated multi family home at a prime location! Total 9 rooms/ 5 bedrooms/ 2 full bathrooms! This desirable 2 family is ready for its next owner to enjoy the quality of living or an investor to maximize their return. First unit (TAW) has 2 bed/1 bath and second unit (Vacant) has 3 bed/1 bath. Both of the units can be delivered vacant if desired! Recent renovations/updates include new heating units (Gas), new hot water tanks, electric, finished hardwood floor, paint, new fixtures & appliances including coin-up washer and dryer, and updated basement with new windows, new staircase, new 5-inch cement & painted floor, 2 new sum pumps, 5 years-old roof! Separate utilities! Huge leveled-fenced backyard and paved driveway for parking. Don't miss the opportunity to own this amazing property conveniently located minutes from transportation, major routes, supermarkets, and public schools.Open Houses: Fri 4-5:30, Sat & Sun 12-1:30!

This home has been viewed 28 times

Last Checked: May 7th, 2024 at 2:56am (Source: MLS PIN #73075188)

Gross Income: $66,000

Gross Expenses: $6,391

Net Income Calc: $59,609

CAP Rate: 8.06%

Annual Expenses for 41-43 Grossman St, Quincy MA 02169

Total Gross Expenses (Calculated)$6,391/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,391

Annual Income & Unit Breakdown for 41-43 Grossman St, Quincy MA 02169

Total Gross Income (Calculated)$66,000

Unit 1

Rental Income$2,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$3,000

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 41-43 Grossman St, Quincy MA 02169

Listing ID73075188

Property TypeMulti Family

Price$739,986 ($417.13/SqFt)

StyleMulti Family

CityQuincy

CountyNorfolk

MLS Area

Neighborhood(s)

Approximate Living Area Total1,774 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking3

Garage Parking

Year Built1925

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRESB

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 41-43 Grossman St, Quincy MA 02169

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureDoes NOT include the basement.

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$66,000

Total Net Income By Broker$66,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 41-43 Grossman St, Quincy MA 02169

Real Estate Taxes$6,391

Tax Year2022

Assessed Value$533,500

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$66,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$66,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.06%

Location Information for 41-43 Grossman St, Quincy MA 02169

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 41-43 Grossman St, Quincy MA 02169

Agent

Name: Matt Tasgin

Office

Name: United Brokers

Phone: 781-629-2258

Team Members

Name: Melissa Mejia

Phone: 857-284-2279

Payment Calculator

, Interest

Property Taxes 532.58

Principal & Interest 4559.56

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

United Brokers

Matt Tasgin

Agent Phone

Office Phone

(781) 629-2258

Text Agent Call Agent Call Office

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[terms] => Array
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EXIT