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    53-55 Centre St

    Quincy, MA 02169
    • $1,850,000
    • STATUS: Active
    • MLS #: 72731794
    UPDATED: 85 min ago
    $1,850,000
    • 11
      BEDS
    • 0.27
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 5,732
      SQFT
    • $323
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1975
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Giang Nguyen of Costantino Realty Group.

    Description

    INVESTORS - RARE OPPORTUNITY to own a large 6-UNIT BRICK BUILDING in an INCREDIBLE LOCATION. The property has a current net income over $100,000 with easy potential to increase. This is a great property to add to your portfolio or begin your real estate portfolio. 5 units have 2 bedroom. 1 units has 1 bedroom and 1 bath. Total rent should be $10,500/month. All units have large size bedrooms, kitchen with dishwasher, wall A/C, wall to wall carpet, picture window. Little maintenance, Long term tenants. Current owner pays heat for 3 units. New owner can adjust rent to current market price. With separate gas meter, new owner can adjust heat to be included in the rent or not. Coin-op laundry in building yields approximately $100/month. One unit is vacant for easy showings during COVID time. Additional units shown after Offer to Purchase is accepted. Minutes to route 3, route 128, and I93. 1 mile to Quincy Adams T station. PLEASE DO NOT CONTACT TENANTS.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-10-31T14:07:38.197.
    www.parrottrealtygroup.com/homes/110614357
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    53-55 Centre St Quincy, MA 02169

    • Price: $1,850,000
    • Status: Active
    • Updated: 85 min ago
    • MLS #: 72731794
    11
    Beds
    6
    Baths
    0
    ½ Baths
    0.27
    Acres
    5,732
    SQFT
    $323
    $/SQFT
    1975
    Built
    Neighborhood:
    Other
    County:
    Norfolk
    Area:
    Other
    Property Description
    INVESTORS - RARE OPPORTUNITY to own a large 6-UNIT BRICK BUILDING in an INCREDIBLE LOCATION. The property has a current net income over $100,000 with easy potential to increase. This is a great property to add to your portfolio or begin your real estate portfolio. 5 units have 2 bedroom. 1 units has 1 bedroom and 1 bath. Total rent should be $10,500/month. All units have large size bedrooms, kitchen with dishwasher, wall A/C, wall to wall carpet, picture window. Little maintenance, Long term tenants. Current owner pays heat for 3 units. New owner can adjust rent to current market price. With separate gas meter, new owner can adjust heat to be included in the rent or not. Coin-op laundry in building yields approximately $100/month. One unit is vacant for easy showings during COVID time. Additional units shown after Offer to Purchase is accepted. Minutes to route 3, route 128, and I93. 1 mile to Quincy Adams T station. PLEASE DO NOT CONTACT TENANTS.
    Exterior Features

    Beachfront No Construction Brick Exterior Brick Foundation Poured Concrete Lot Description Paved DriveLevel Parking Features Off-StreetAssignedPaved Driveway Parking Spaces 11 Road Type Public Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No Waterview Flag No

    Interior Features

    Appliances Unit1 RangeDishwasherRefrigerator Appliances Unit2 RangeDishwasherRefrigerator Appliances Unit3 RangeDishwasherRefrigerator Appliances Unit4 RangeDishwasherRefrigerator Basement No Bedrooms Unit1 2 Bedrooms Unit2 1 Bedrooms Unit3 2 Bedrooms Unit4 2 Cooling Unit1 Wall Ac Cooling Unit2 Wall Ac Cooling Unit3 Wall Ac Cooling Unit4 Wall Ac Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Flooring Wall To Wall Carpet Floors Unit1 0 Floors Unit2 0 Floors Unit3 1 Floors Unit4 1 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 1 Half Baths Unit4 0 Heating Common Gas Heating Unit1 Hot Water BaseboardGas Heating Unit2 Hot Water BaseboardGas Heating Unit3 Hot Water BaseboardGas Heating Unit4 Hot Water BaseboardGas Hot Water Natural Gas Levels 3 Levels Unit1 0 Levels Unit2 1 Levels Unit3 0 Levels Unit4 1 Rooms 23 Rooms Common Other (See Remarks) Rooms Description Unit1 Living RoomDining RoomKitchen Rooms Description Unit2 Living RoomKitchen Rooms Description Unit3 Living RoomDining RoomKitchen Rooms Description Unit4 Living RoomDining RoomKitchen Rooms Unit1 5 Rooms Unit2 3 Rooms Unit3 5 Rooms Unit4 5

    Property Features

    Amenities Public TransportationShoppingMedical FacilityHighway AccessPrivate SchoolPublic SchoolT-StationUniversity Apod Available No Assessments 1256900.00 Disclosure No Disclosures Seller/Broker Make No Representation Or Warranties & The information Herein is Subject To Revision. Buyer is Advised To Perform Due DiligenceInspectionAnd Verification Of Condition And Contract Terms Prior To Closing. Electric Features 220 VoltsCircuit Breakers Expenses Source Owner Provided Expenses Year End 12/19 Gross Operating Income 117780 Lead Paint None Lease Unit1 Y Lease Unit2 Y Lease Unit4 Y Lender Owned No Multifamily Type 5-9 Family Net Operating Income 100942 Rent Description Unit1 Hot Water Rent Description Unit2 HeatHot Water Rent Description Unit3 Hot Water Rent Description Unit4 Hot Water Rent Unit1 1695 Rent Unit2 1350 Rent Unit3 1775 Rent Unit4 1695 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Disclosures 1500 Sq. Ft Are Added For 2 Units On Garden LevelThose Are Not included in The Public Record Sq Ft Includes Basement Yes Sq Ft Source Owner Tax Year 2020 Taxes 15623.00 Utility Connections For Electric Range Water City/Town Water Year Built Description Actual Year Built Source Public Record Year Round Yes Zoning Resb

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Giang Nguyen of Costantino Realty Group.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-10-31T14:07:38.197.
     
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    Listing courtesy of Giang Nguyen of Costantino Realty Group.