64-66 Trafford Street, Quincy, MA 02169
View Map
$2,150,000
6 Unit
12 Beds
6 Baths
5845 SQFT
0.24 Acre

Property Description

64-66 Trafford St a six unit investment property located in Quincy, Ma. The property is improved by a main building comprised of 5 apartments and there is also a stand-alone bungalow with a fenced in yard in the rear of the lot. The buildings are comprised entirely of 2bedroom/1 Bath units that have all been fully remodeled including new kitchens, baths, lighting, unit subpanels, and in-unit laundry. The asset generates a very strong $14,675 per month ($176,100 annually) and allows an investor to take advantage of the significant property appreciation and rent growth that Quincy continues to experience. The property features ample off-street parking and is conveniently located walking distance to Quincy Adams Red Line Station, Crown Colony Office Park, and the brand new Quincy Bus Depot. Trafford Street is near the bustling downtown Quincy Center and has excellent highway access to I93 N&S and RT3.

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 4
  • Total Bedrooms: 12
  • Total Full Baths: 6
  • Amenities: Golf Course, Highway Access, Laundromat, Park, Public Transportation, Shopping, T-Station
  • Basement Features: Unfinished Basement
  • Common Interior Features: Bathroom With Tub & Shower, Stone/Granite/Solid Counters, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 176100
  • Gross Expenses: 41276
  • Net Operating Income: 134824

Utilities

  • Electric Info: Circuit Breakers, Individually Metered, Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73317863
  • Last Updated: 12/09/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/09/2024Active$2,150,000$368MLSPIN
12/05/2024New$2,150,000$368MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Tony Pepdjonovic, Marcus & Millichap Real Estate Investment Services
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
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 2024-12-09 03:05:00