Sunny and charming two-family house on a quiet tree-lined, cul-de-sac in Quincy’s finest neighborhood. Both units have been significantly renovated and upgraded recently. The 1st-floor unit features a spacious living room, two large bedrooms, and a bright kitchen with modern appliances. Front porch and private deck off the back of the house. The 2nd unit occupies two floors on the top, featuring 3 good-sized bedrooms, 1.5 baths, a living room, a new eat-in kitchen, a sunroom and an office. The fenced backyard is large and level for hours of entertaining fun. New roof and new high-intensity gas heating systems. Property was deleaded and certified. Hardwood floor throughout. Two sets of laundry and ample storage in the basement. Detached garage with a mini storage shed attached and four driveway parking spaces. Steps to Redline North Quincy T station, Grocery stores, Shops, and best restaurants. Quick access to I- 93/95. OFFER DUE ON APRIL 3 (MONDAY) AT 3 PM.
This home has been viewed 58 times
Last Checked: May 7th, 2024 at 5:26am (Source: MLS PIN #73092339)
Gross Income: $54,000
Gross Expenses: $9,275
Net Income Calc: $44,725
CAP Rate: 5.27%
Annual Expenses for 61-63 John St, Quincy MA 02171
Total Gross Expenses (Calculated)$9,275/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$9,275.74
Annual Income & Unit Breakdown for 61-63 John St, Quincy MA 02171
Total Gross Income (Calculated)$54,000
Unit 1
Rental Income$2,100
LeaseY
Bedrooms2
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income$2,400
LeaseY
Bedrooms3
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 61-63 John St, Quincy MA 02171
Listing ID73092339
Property TypeMulti Family
Price$849,000 ($419.47/SqFt)
StyleMulti Family
CityQuincy
CountyNorfolk
MLS AreaNorth Quincy
Neighborhood(s)
Approximate Living Area Total2,024 SqFt
Approximate Lot Size (Acres)0.17 acres
Total Parking5 (1 Garage)
Garage Parking1 / Detached
Year Built1909
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
Zoning1040
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 61-63 John St, Quincy MA 02171
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$9,276
Total Gross Income By Broker$54,000
Total Net Income By Broker$44,724
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.0
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 61-63 John St, Quincy MA 02171
Real Estate Taxes$9,275.74
Tax Year2023
Assessed Value$833,400
Financial Data Source
Total Gross Expenses By Broker$9,276
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$54,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$44,724
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.27%
Location Information for 61-63 John St, Quincy MA 02171
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaNorth Quincy
Area Amenities
Contact Information for 61-63 John St, Quincy MA 02171