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March 10, 2010

4 Unit Multi-Family, Income Property (Quincy, Mount Wollaston) $749900 8bd

Filed under: $700,000-$800,000 — admin @ 5:00 am

9900 Multi-Family (4-units) Income Investment property, Separate Utilities, updated, 4 new boilers
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Reply to: via email only via Craigslist, please include your name and phone number, serious inquiries only please!
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Great Income Property, 4 Units, with Condo conversion Potential! IRS Reported Income from 2009 of ,100.
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Expenses are approximately as follows: (,400.)
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Property Insurance is approx. ,200, Taxes approx. ,200., Water and sewer approx. ,200.
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Landscaping, maintenance and updates in 2009: approx. ,400.
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*Location, location, great location! Walking distance to Quincy Center, .5 miles to Wollaston beach.
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*Great street visibility near the Mount Wollaston Cemetary.
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*Strong cash flow, stable tenants. Well maintained and managed building.
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*4 New Burnham Natural Gas boilers with forced hot water baseboard heat and hot water systems.
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*Updated Electric services, Separate Electric services, 400 AMP service with 5 meters, 1 house meter, 4 apartment meters.
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*Hardwood floors and high ceilings throughout, lots of upgrades and newer appliances, very clean and quiet building.
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*Common area coin-op laundry in basement, heavy duty commercial machines with separate hot water heater.
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*New architectural asphalt roofing, newer siding, new thermopane windows, well insulated, low-maintenance building.
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*Off-street parking for 8 cars plus, lot size is approx 10,000+ square feet, large back yard area.
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*Custom built Victorian House construction circa 1890′s, must see to appreciate.
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Contact owner via this posting for pictures, address or more information or to set up a showing, please include name and contact information.
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