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Justin Repp Of Keller Williams Realty Evolution Acquires Multifamily Property In Quincy, MA For $1.07M

Property Image
SOLD
$1,070,000
Thomas "Tom" McFarland
Justin Repp

Massachusetts

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MultiFamily3,611 SF
Sold 04/29/2022
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Property Image
SOLD

Justin Repp Of Keller Williams Realty Evolution Acquires Multifamily Property In Quincy, MA For $1.07M

194 School Street, Quincy, Massachusetts 02169, United States

See Similar Deals
MultiFamily3,611 SF
Sold 04/29/2022
Thomas "Tom" McFarland
Justin Repp
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$296
Total Square Footage:3,611 SF
Transaction Type:Sale

Located at 194 School St in Quincy, MA, this multifamily property was recently sold for a total price of $1,070,000. Spanning 3,611 square feet, the property offers ample living space for its new owners. With a price per square foot of $296, this transaction represents a solid investment opportunity in the local real estate market.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $1,070,000
  • Square Feet: 3,611
  • Price per Square Foot: $296
  • Address: 194 School St
  • Market: Quincy, MA

Justin Repp from Keller Williams Realty Evolution represented the buyer in this transaction, while Tom McFarland from RE/MAX Realty Pros served as the seller's representative. Their expertise played a vital role in facilitating a successful deal. This sale signifies the thriving real estate market in Quincy, MA, where buyers are finding attractive investment opportunities in multifamily properties.

Players

Thomas "Tom" McFarland
Re/Max
Thomas McFarland
5 deals$7.5M volume
BROKER
Justin Repp
Keller Williams Realty
Justin Repp
4 deals$4.1M volume
BROKER

Details

SOLD
IMAGE: Justin Repp & Tom McFarland DATE: 04/29/2022 ADDRESS: 194 School St MARKET: Quincy, MA ASSET TYPE: Multifamily BUYER'S REP: Justin Repp - Keller Williams Realty Evolution (@KellerWilliamsRealty) SELLER'S REP: Tom McFarland - RE/MAX Realty Pros (@Remax) SALE PRICE: $1,070,000 SF: 3,611 ~ PPSF: $296

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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