Updated Dec 4, 2024
Igor Baldyga & Colleen Foulsham Facilitate $1.1M Quincy Multifamily Sale
58 Kent Street
$1,100,000
$594/SF
Building Size
1,850 SF
Asset Type
MultiFamily
Closing
Apr 22, 2024
About this deal
AI
A three-family home located at 58 Kent Street in Quincy, MA, was recently sold for $1,100,000. Each unit in this multifamily property is individually metered for utilities, providing a solid income opportunity. The property spans 1,850 square feet, with a price per square foot of $595.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 58 Kent Street
- Market: Quincy, MA
- Buyer's Rep: Igor Baldyga - Three Hills Real Estate Services
- Seller's Rep: Colleen Foulsham - FC Realty Group
- SF: 1,850
- PPSF: $595
The buyer in this transaction was represented by Igor Baldyga from Three Hills Real Estate Services, while the seller was represented by Colleen Foulsham from FC Realty Group.
On the Map
$1,100,000
$594/SF
MultiFamily
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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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93