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Caritas Communities Acquires Lodging House In Quincy, MA For $915,000

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SOLD
$915,000

Massachusetts

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MultiFamily3,848 SF
Sold 09/12/2022
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SOLD

Caritas Communities Acquires Lodging House In Quincy, MA For $915,000

46 Winter Street

See Similar Deals
MultiFamily3,848 SF
Sold 09/12/2022
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$237
Total Square Footage:3,848 SF
Transaction Type:Sale

A lodging house located at 46 Winter St in Quincy, MA was recently sold. The property comprises 17 units with a total area of 3,848 square feet. The sale price for the lodging house was $915,000, resulting in a price per unit of $53,824 and a price per square foot of $238.

Summary of transaction details:

  • Property Type: Lodging House
  • Transaction Amount: $915,000
  • Address: 46 Winter St, Quincy, MA
  • Market: Quincy, MA
  • Units: 17
  • Price per Unit: $53,824
  • Total Area: 3,848 square feet
  • Price per Square Foot: $238

The buyer of the lodging house was Caritas Communities, while John & Susan Grazer acted as the sellers. Kirsten McEleney from Advisors Living represented the sellers in the transaction.

It is worth mentioning that Caritas Communities is an organization that has been providing safe and secure housing in Greater Boston since 1985. Their mission is to prevent homelessness by offering very low-income individuals permanent housing, support, a sense of community, and expanded opportunities. For more information on Caritas Communities, including ways to donate and get involved, you can visit their website at www.caritascommunities.org.

Players

Kirsten McEleney
6 deals$12.3M volume(781) 307-8843
BROKER

Details

SOLD
IMAGE: Kirsten McEleney DATE: 09/12/2022 ADDRESS: 46 Winter St MARKET: Quincy, MA ASSET TYPE: Lodging House BUYER: Caritas Communities (@Caritas_Greater_Boston) SELLER: John & Susan Grazer SELLER'S REP: Kirsten McEleney (@KirstenRealEstate) - Advisors Living (@AdvisorsLiving) SALE PRICE: $915,000 UNITS: 17 ~ PPU: $53,824 SF: 3,848 ~ PPSF: $238 NOTE FROM SELLER'S REP: Since 1985 Caritas has helped fill the need for safe, secure housing in Greater Boston. Caritas Communities Mission: Caritas prevents homelessness by providing very low-income individuals with permanent housing, support, a sense of community and expanded opportunities. Follow Caritas on Instagram @caritas_greater_boston & @caritasyoungleaders Please visit www.caritascommunities.org to learn more, donate & get involved to help support this worthy cause.

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