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.
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