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Danny Zheng Of Keller Williams Represents Buyer In $1.35M Quincy Multifamily Sale
SOLD
Massachusetts
See Similar DealsMultiFamily3,544 SF
Sold 05/30/2024
SOLD
Danny Zheng Of Keller Williams Represents Buyer In $1.35M Quincy Multifamily Sale
146 Willow Street
See Similar DealsMultiFamily3,544 SF
Sold 05/30/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$380
Total Square Footage:3,544 SF
Transaction Type:Sale
A four-unit building in Quincy, MA, located at 146 Willow St, was sold for $1.35 million in the Wollaston area near Eastern Nazarene College. The property spans 3,544 square feet, with a price per square foot of $381.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,350,000
- Address: 146 Willow Street
- Market: Quincy, MA
The buyer, represented by Danny Zheng of Keller Williams, and the seller, represented by Dana Schatzl of Success! Real Estate, successfully closed the transaction for the multifamily property in Quincy, MA.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$72,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,796.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,399.69
Annual Debt Service$76,796.26
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