facebook
Traded Co logo
Submit
Daily limit: 0/10

Multifamily Home In North Quincy Sold For $1.115M With Broker John Heaney

Property Image
SOLD
$1,115,000

Massachusetts

See Similar Deals
MultiFamily2,962 SF
Sold 07/16/2024
the dealplayerscompscontact
Property Image
SOLD

Multifamily Home In North Quincy Sold For $1.115M With Broker John Heaney

24-26 Edgeworth Road

See Similar Deals
MultiFamily2,962 SF
Sold 07/16/2024
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$376
Total Square Footage:2,962 SF
Transaction Type:Sale

A 2-family home located at 24-26 Edgeworth Road in Quincy, MA has sold for $1,115,000. The property encompasses 2,962 sq. ft. with 6 bedrooms and 2 bathrooms, reflecting a price per unit of $557,500 and a price per square foot of $376. Additionally, the residence features spacious living and dining areas, enclosed porches, hardwood floors, a large basement, and a 2-car garage, with convenient access to the redline train, beach, and Marina Bay.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,115,000
  • Units: 2
  • Square Footage: 2,962
  • Price Per Unit: $557,500
  • Price Per Square Foot: $376
  • Date of Sale: 07/16/2024
  • Broker: John Heaney - Success! Real Estate

John Heaney represented the transaction as the broker, facilitating the sale of this meticulously maintained multifamily property in North Quincy. The property’s key features and location contributed to the successful closing of the deal.

Players

John Heaney
2 deals$2.2M volume(617) 515-0209
BROKER

Details

SOLD
IMAGE: John Heaney DATE: 07/16/2024 ADDRESS: 24-26 Edgeworth Road MARKET: Quincy, MA ASSET TYPE: Multifamily BROKER: John Heaney - Success! Real Estate (@SuccessRealEstate) SALE PRICE: $1,115,000 UNITS: 2 ~ PPU: $557,500 SF: 2,962 ~ PPSF: $376 NOTE: A meticulously maintained 2-family home in North Quincy sold for $1,115,000, featuring 6 bedrooms, 2 bathrooms, and 2,962 sq. ft. The property boasts spacious living and dining areas, enclosed porches, hardwood floors, a large basement, a 2-car garage, and is conveniently located near the redline train, beach, and Marina Bay.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$59,466.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,961.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,285.67
Annual Debt Service$63,428.03