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
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.
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