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183 Whitwell Street

Yueji Hall Of Blue Ocean Property Management Represents Buyer In $1.55M Quincy Multifamily Sale
SOLDMultiFamily

Yueji Hall Of Blue Ocean Property Management Represents Buyer In $1.55M Quincy Multifamily Sale

183 Whitwell Street

$1,550,000

$484/SF

Building Size

3,200 SF

Asset Type

MultiFamily

Closing

Nov 5, 2024

AI

A fully renovated 4-unit building at 183 Whitwell Street, Quincy, MA, sold for $1,550,000 in 2024, offering 3,200 sq. ft. on a 6,000 sq. ft. lot. The property includes modern upgrades, central air, and high-end finishes, providing strong rental potential and low maintenance.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,550,000
  • Units: 4
  • Price Per Unit: $387,500
  • Square Feet: 3,200
  • Price Per Square Foot: $484
  • Buyer's Representative: Yueji Hall - Blue Ocean Property Management
  • Seller's Representative: Dot Collection - Access

The transaction involved key individuals from both the buying and selling sides, notably Yueji Hall representing Blue Ocean Property Management for the buyer and Dot Collection representing Access for the seller.

Players

Yueji Hall

Blue Ocean Property Management

Broker

$11.3M

vol

7 deals

Broker

Quincy MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.23%

Cash-on-Cash

-2.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93