Updated Dec 4, 2024
Angela Cui & John Connolly Facilitate $1.18M Multifamily Sale In Quincy, MA
40 Saville Avenue
$1,180,000
$368/SF
Building Size
3,200 SF
Asset Type
MultiFamily
Closing
Jun 14, 2024
About this deal
AI
A multi-family property at 40 Saville in Quincy, MA, sold for $1,180,000, offering 8 bedrooms and 4 baths across 3,200 sq ft. Situated in Quincy Center, the building presents a strong investment opportunity with tenants covering their own utilities and convenient access to public transportation and local amenities.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,180,000
- Address: 40 Saville Avenue, Quincy, MA
- Market: Quincy, MA
- Price Per Square Foot: $369
The buyer's representative for this sale was Angela Cui from Keller Williams, while the seller's representative was John Connolly from Success! Real Estate.
On the Map
$1,180,000
$368/SF
MultiFamily
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Players
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
13.44%
Cash-on-Cash
-3.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93