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58 Kent Street

 Igor Baldyga & Colleen Foulsham Facilitate $1.1M Quincy Multifamily Sale
SOLDMultiFamily

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

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:

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.

Players

Colleen Foulsham

FC Realty Group

Broker

$4.3M

vol

3 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

14.42%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93