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2 Town Hill Street

Updated Dec 4, 2024

Jing Zheng Of Keller Williams Buys Multifamily Property In Quincy For $1.54M As Buyer's Rep
SOLDMultiFamily

Jing Zheng Of Keller Williams Buys Multifamily Property In Quincy For $1.54M As Buyer's Rep

2 Town Hill Street

$1,538,000

Units

4

Asset Type

MultiFamily

Closing

Mar 29, 2024

About this deal

AI

In Quincy, MA, a multifamily property located at 2 Town Hill Street was sold for $1,538,000. The property consists of 4 units, resulting in a price per unit of $384,500.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,538,000
  • Units: 4
  • Price Per Unit: $384,500
  • Address: 2 Town Hill Street
  • Market: Quincy, MA

Keller Williamsrepresented the buyer, Jing Zheng, in the transaction. On the other side, the seller was represented by the Carrera Properties Team from U.S.A. Realty, LLC.

On the Map

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$1,538,000

MultiFamily

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Players

Jing Zheng

Keller Williams Realty

Broker

$15.8M

vol

10 deals

Broker

Quincy MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $384.5K per unit across 4 units on a published $1.5M (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.31%

Cash-on-Cash

-2.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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