$1,150,000
4
Beds
4
Baths
2,448
Living Area
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Property Description
We are pleased to present the exclusive opportunity to purchase the multi-family investment property located at 25 Fifth Avenue in Quincy, MA. The two-story building contains four (4) 1-Bedroom/1-Bathroom units with 2,448 square feet of gross living area and 3,942 square feet of gross area. The Property is situated upon a 0.08- acre parcel and is situated on a corner lot of an inviting neighborhood and exciting community. The property provides excellent connectivity to major roadways, including Interstate 93 and Route 3, ensuring efficient access to Boston, Cambridge, and regional employment centers throughout eastern Massachusetts. In-place rents are significantly below the current market rates; the opportunity exists to continue to upgrade unit interiors and common areas to drive rental rates in an urban-infill, high demand/supply constrained residential market. Unit 3 to be delivered vacant.
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Highlights
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1918
- Parking Spots: 3
- Property Type: 4 Family
- Total Rooms: 12
- Status: Closed
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Additional Details
- Foundation: Stone
- Lot Features: Corner Lot
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Resb
- Interior Features: Living Room, Dining Room, Kitchen
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Waterfront Features: 1/2 to 1 Mile To Beach
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $834,500
- Tax Year: 2025
- Total Rent: $6,200
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $9,405
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$1,299,000
8
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Listing information provided courtesy of Horvath & Tremblay.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.