Sold!
$3,650,000
13
Beds
13
Baths
6,825
Living Area
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Property Description
36-40 Bigelow Street is a 13-unit brick building located in Quincy Center walking distance to the Red Line, Commuter Rail, and all of the restaurants and amenities of Downtown Quincy. The property features renovated kitchens, bathrooms, flooring, lighting, and updates to the common areas that were done within the last 6 years. The asset generates nearly $30k per month in rental income (Gross Income: $358,380) providing an investor a stable, cash-flowing property in one of the best rental markets in the Boston Area. Additionally, there is off-street parking for 10 cars and a designated laundry area on site.
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Highlights
- Cooling: Wall Unit(s)
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1955
- Heating: Baseboard
- Parking Spots: 10
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 39
- Status: Closed
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Additional Details
- Basement: Full, Partially Finished
- Exterior Features: Balcony, Rain Gutters
- Foundation: Concrete Perimeter
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Resc
- Construction: Brick
- Flooring: Wood, Tile, Vinyl
- Lot Features: Other
- Roof: Shingle, Rubber
- Total Number of Units: 13
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, T-Station
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $2,863,900
- Tax Year: 2025
- Total Rent: $29,865
- Rental Fee Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water)
- Taxes: $33,021
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Listing information provided courtesy of Marcus & Millichap Real Estate Investment Services.
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