Updated Dec 21, 2023
Lindsay Higgins Sells Multifamily Property In Quincy, MA For $684.9K
58-60 Lawn Ave, Quincy, Massachusetts, USA
$684,900
$238/SF
Building Size
2,868 SF
Asset Type
MultiFamily
Closing
Jul 2, 2020
About this deal
AI
A multifamily property located at 58-60 Lawn Ave in Quincy, MA has been sold for a price of $684,900. The property spans 2,868 square feet, resulting in a price per square foot of $239. It consists of two units, with a price per unit of $342,450.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $684,900
- Address: 58-60 Lawn Ave, Quincy, MA
- Market: Quincy, MA
- Broker: Lindsay Higgins - Classified Realty Group
The deal was facilitated by Lindsay Higgins from Classified Realty Group. The transaction took place on July 2, 2021.
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
23.16%
Cash-on-Cash
-6.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93