BEDS16
BATHS14 full
SQUARE FEET9,160
MLS#73521714
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
Property Description
The Residences at Des Moines is a truly unique opportunity to acquire for the first time a 7-unit investment property built in 2005 located in Quincy, Ma. The property is comprised of (5) two-bedroom/two-bath units, (1) two-bedroom/one-bath unit, and a top floor four-bedroom/three-bath top floor penthouse unit. The property features expansive layouts, central air-conditioning, in-unit laundry, private balconies, and two parking spaces per unit. The building is fully sprinklered and has separate utilities including water/sewer which bodes well for a future condo-exit strategy. Des Moines is conveniently located directly on the public bus line and a short ride to Quincy Center. Investors will be able to take advantage of the significant property appreciation and rent growth that Quincy continues to experience.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Fireplaces: 7
Heating: Forced Air, Natural Gas
Lot Size: 0.32 Acres
Roof Type: Shingle, Rubber
Stories: 4.0
Taxes: $27,406
Year Built: 2005
Amenities
Balcony
Sprinkler System
Feature Descriptions
Building Area Total: 9160
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, House of Worship, Marina, Public School, T-Station
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 21
Dwelling Type: 5-9 Family
Electric: Circuit Breakers,100 Amp Service
Exterior: Frame
Fireplace Y/N: Yes
Flooring: Tile, Carpet
HeatingY/N: 1
Lot Features: Corner Lot
Parking Features: Off Street
Parking Total: 14
Rent Includes: Unit 1(Water), Unit 2(Water)
Rooms Total: 48
Sewer: Public Sewer
Units: 7
Water: Public
Listed By / Shown By
Listed By
Agency Name: Marcus & Millichap Real Estate Investment Services
Agent Name: Tony Pepdjonovic
Agency Phone: 617-896-7200
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 8,765.71 per month $5,730.83 Principal & Interest $2,283.83 Property Tax $751.04 Homeowner's Insurance
13-21 Des Moines | MLS# 73521714
This multi-family property located at 13-21 Des Moines, Quincy, MA 02169 is currently listed for sale with an asking price of $2,575,000. Search Quincy real estate on www.masiellogrouprealestate.com today.