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2 Town Hill Street

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

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.

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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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