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

Property Image
SOLD
$1,180,000
Angela Cui
John Connolly

Massachusetts

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MultiFamily3,200 SF
Sold 06/14/2024
the dealplayerscompscontact
Property Image
SOLD

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

40 Saville Avenue

See Similar Deals
MultiFamily3,200 SF
Sold 06/14/2024
Angela Cui
John Connolly
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$368
Total Square Footage:3,200 SF
Transaction Type:Sale

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
Angela Cui
4 deals$5.1M volume
BROKER
John Connolly
Success! Real Estate
John Connolly
1 deal$1.2M volume(781) 985-9064
BROKER

Details

SOLD
IMAGE: Angela Cui & John Connolly DATE: 06/14/2024 ADDRESS: 40 Saville Avenue MARKET: Quincy, MA ASSET TYPE: Multifamily BUYER'S REP: Angela Cui - Keller Williams (@KellerWilliamsRealty) SELLER'S REP: John Connolly (@JConnollyRE) - Success! Real Estate (@SuccessRealEstate) SALE PRICE: $1,180,000 SF: 3,200 ~ PPSF: $369 NOTE: 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.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,192.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,593.80
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