47 South Street, Quincy, MA 02169

Multi-Family

$1,425,000
Price
$1,400,000
Sale Price

5
Units
4,292
Approx. GLA
Very well maintained brick 5 family with lots of off street parking & a one car garage. Prime location. Walking distance to the newly revitalized downtown Quincy Center, Restaurants, T station & Stores. Close proximity to all major highways. All units are the same size with a 13X12 eat in kitchen, 20X12 living room, 14 X12 Master bed & 10.5 X 12 2nd bedroom. 4 of the units have laminated flooring. 4 of the 5 units have newer kitchens & bathrooms.All units have a separate storage bin. Coin op laundry for the building. Grass area out back for a grill. Rents are below the current market value. All leases were executed April 2017. #4 will be delivered vacant at closing. Please see attached income & expense sheet and lead paint form.
Highlights
Sale Price: $1,400,000
Settled Date: 5/24/2018 12:00:00 AM
Basement Features: Walk Out, Interior Access, Garage Access
List Price: $1,425,000
Type: Multi-Family
Multi-Family Type: 5+ Family - 5+ Units Up/Down
Status: Sold
Beds: 10
Baths: 5
Units: 5
Year Built: 1960
Approx. GLA: 4,292
MLS#: 72286023
 
 
Interior
Basement: Yes
Cooling Units: 5
Cooling Zones: 5
Electric Features: Circuit Breakers
Heating Units: 1
Heating Zones: 5
Flooring: Vinyl, Wall to Wall Carpet, Laminate
Hot Water: Natural Gas
Rooms: 20
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.27
Lot Size: 11,784.00
Lot Description: Paved Drive
Foundation: Poured Concrete
Foundation Size: 999
Garage Spaces: 1
Parking Spaces: 10
Parking Features: Off-Street
Road Type: Paved
Color: Red brick
Construction: Brick
Roof Material: Asphalt/Fiberglass Shingles
Exterior: Brick
Exterior Features: Fenced Yard
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $828,700
Taxes: $11,055
Tax Year: 2017
Book/Page: 26116/233
Beach
Beach: Yes
Miles to Beach: 1 to 2 Mile
Expenses
Expenses Source: Owner Provided
Gross Income: $87,600
Gross Expenses: $38,014
Net Income: $49,586
 
 
Additional
Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails
Disclosure Declaration: No
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 Yes 1 $1,650
Unit 2 4 2 0 1 1 0 Yes 1 $1,350
Unit 3 4 2 0 2 1 0 Yes 1 $1,250
Unit 4 4 2 0 2 1 0 No 1 $1,450
Units Extras
Unit 1
Rent Includes:  Heat, Hot Water  Cooling:  Wall AC  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Gas  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Heat, Hot Water  Cooling:  Wall AC  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Gas  Interior:  Cable TV Available  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Heat, Hot Water  Cooling:  Wall AC  Applicances:  Wall Oven, Dishwasher, Refrigerator  Heating:  Gas  Interior:  Cable TV Available  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  Heat, Hot Water  Cooling:  Wall AC  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Gas  Interior:  Cable TV Available  Rooms:  Living Room, Kitchen 
Common
Rooms:  Laundry 
Map
The listing office is Flavin & Flavin Realty, Inc. and the listing agent is Angela Bergin. The property listing data and information, or the images, 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, and the images, 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 it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/14/2018 10:35:00 PM.
 
Angela Bergin
Angela Bergin
Flavin & Flavin Realty