7 Burns Ave, Quincy, MA 02169
View Map
$1,250,000
5 Unit
7 Beds
5 Baths
2851 SQFT
0.20 Acre

Property Description

This 5-family property offers an opportunity for investors to upgrade and maximize its value. Situated in a prime location, in close proximity to stores, highway and Quincy Center. The large lot offers extensive parking and potential for your future ideas and plans. Newer roof, new water heater, strong rent roll. Please do not walk property or disturb tenants. Reach out to list agent for additional details.

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 2
  • Total Bedrooms: 7
  • Total Full Baths: 5
  • Basement Features: Full
  • Common Rooms: Other (See Remarks)

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 108000
  • Gross Expenses: 8208
  • Water/Sewer: 5743
  • RFS: 1800
  • Miscellaneous Expense: 665
  • Net Operating Income: 99792

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: No

Construction

  • Year Built: 1960
  • Type: 5+ Family - 5+ Units Side by Side
  • Foundation Info: Concrete Block
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73177433
  • Last Updated: 11/08/23

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/08/2023Active$1,250,000$438MLSPIN
11/04/2023New$1,250,000$438MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Hillary Birch Group, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: 0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2023-11-08 03:05:00