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40 Saville Avenue

Angela Cui & John Connolly Facilitate $1.18M Multifamily Sale In Quincy, MA
SOLDMultiFamily

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

Angela Cui

Keller Williams Realty

Broker

$5.1M

vol

4 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

13.44%

Cash-on-Cash

-3.84%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93