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72 - 74 Bay State Road, Quincy MA 02171

$1,099,000

Estimated $2,699/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $366,333.33

Total Rent: 77400/year

Estimated CAP Rate:

7 Bedrooms

Baths

3375

Total Parking: 4 (2 Garage)

7,421 (0.17)

Rare Gem! With a beautiful deck on the second floor unit overlooking the water, this multi is a cash cow long term. All units are separately metered and pay their own heat and hot water. These spacious units are under market rent. Garage on site is rented for $200 for additional income. In unit laundry for 2 units and laundry in basement for the third to help make these desirable units for renters Leases are in place. Turn key - sit back and relax. Virtual Tour and floor will be uploaded shortly.

This home has been viewed 60 times

Last Checked: May 7th, 2024 at 6:41am (Source: MLS PIN #73034447)

Gross Income: $77,400

Gross Expenses: $11,007

Net Income Calc: $66,393

Annual Expenses for 72 - 74 Bay State Road, Quincy MA 02171

Total Gross Expenses (Calculated)$11,007/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11007

Annual Income & Unit Breakdown for 72 - 74 Bay State Road, Quincy MA 02171

Total Gross Income (Calculated)$77,400

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor3

Levels in Unit2

Rent Includes

General Information for 72 - 74 Bay State Road, Quincy MA 02171

Listing ID73034447

Property TypeMulti Family / 3 Family

Price1099000 ($325.63/SqFt)

Style3 Family

CityQuincy

CountyNorfolk

MLS AreaMarina Bay

Neighborhood(s)

Approximate Living Area Total3375

Approximate Lot Size (Acres)0.17

Total Parking4 (2 Garage)

Garage Parking2

Year Built1920

Year Built SourceOwner

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoningres

Water Views

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 72 - 74 Bay State Road, Quincy MA 02171

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

ExclusionsAll Basement Shelves & Tv. Kitch Mirror & Musical Clock.1st Fl Lr Tv. Dartboard. Shelves In Dr.

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 Compensation2.5

Facilitator Compensation0

Sub-Agent Compensation2.5

Compensation Based OnNet Sale Price

Financial Information for 72 - 74 Bay State Road, Quincy MA 02171

Real Estate Taxes11007

Tax Year2023

Assessed Value$989,000

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 72 - 74 Bay State Road, Quincy MA 02171

Neighborhood(s)

MLS AreaMarina Bay

Area Amenities

Contact Information for 72 - 74 Bay State Road, Quincy MA 02171

Agent

Name: Lawrence O'Connor

Office

Name: Sterling Beacon Hill

Phone: 617-785-6188

Payment Calculator

, Interest

Property Taxes 917.25

Principal & Interest 6771.69

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Sterling Beacon Hill

Lawrence O'Connor

Agent Phone

Office Phone

(617) 785-6188

Text Agent Call Agent Call Office

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    [description] => Rare Gem!   With a beautiful deck on the second floor unit overlooking the water, this multi is a cash cow long term.  All units are separately metered and pay their own heat and hot water. These spacious units are under market rent.  Garage on site is rented for $200 for additional income.  In unit laundry for 2 units  and laundry in basement for the third to help make these desirable units for renters   Leases are in place.  Turn key - sit back and relax.  Virtual Tour and floor will be uploaded shortly.
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    [unparsed] => 72 - 74 Bay State Road, Quincy MA 02171
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EXIT

33 More Photos

Closed

72 - 74 Bay State Road, Quincy MA 02171

$1,099,000

Annual Expenses for 72 - 74 Bay State Road, Quincy MA 02171

Annual Income & Unit Breakdown for 72 - 74 Bay State Road, Quincy MA 02171

General Information for 72 - 74 Bay State Road, Quincy MA 02171

Disclosures for 72 - 74 Bay State Road, Quincy MA 02171

Financial Information for 72 - 74 Bay State Road, Quincy MA 02171

Location Information for 72 - 74 Bay State Road, Quincy MA 02171

Contact Information for 72 - 74 Bay State Road, Quincy MA 02171

Agent

Office

Payment Calculator

Exclusive Listing Agent

Sterling Beacon Hill

Lawrence O'Connor