1 Petrel Rd - Apartments FOR SALE


Quincy, MA 02169- Adams Shore
$1,200,000 USD
617-549-1691
1 Petrel Rd, Quincy, MA for Sale
$1,200,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

1 Petrel Rd
Quincy, MA 02169
Adams Shore


OVERVIEW

Wonderful Adam's Shore Neighborhood. 5 Unit residential apartment building. Updated kitchens and baths. Easy access the fully revitalized Quincy Center which offers residents countless dining and entertainment options in addition to Red Line and Commuter Rail. Great investment opportunity! The property is comprised of (4) 1-bedroom / 1 bath units. and (1) 2-bedrooms/1 bath units. **Deed Restriction: "All 5 residential units located within the property shall now, and hereafter, be subject to and restricted by the requirements of the City of Quincy Affordable Housing Guidelines, and rules & regulations promulgated by the Commonwealth of Massachusetts and adopted by the city of Quincy." Property sold as is where is. 4 units are currently occupied. The property has water views from 2 levels. 5 onsite parking spaces.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$280 USD /SF

# OF UNITS

5

PRICE/UNIT

$240,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

RESA

APN/PARCEL ID

QUIN-001085-000031-B000000

ASK ABOUT THIS PROPERTY

Naoual KhermezBoston Property DevelopmentMore Info
617-549-1691

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Naoual KhermezBoston Property DevelopmentMore Info
617-549-1691

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.