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
Building Size
—
Asset Type
MultiFamily
Closing
Mar 29, 2024
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.
Quincy MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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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