Quincy, MA 02169,21-21R Newcomb St
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Quincy, MA 02169,21-21R Newcomb St
Quincy, MA 02169,21-21R Newcomb St
Quincy, MA 02169,21-21R Newcomb St
Quincy, MA 02169,21-21R Newcomb St

$1,600,000

Est. payment /mo
Est.Price: ?

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21-21R Newcomb St Quincy, MA 02169

0.29 Acres Lot

SOLD DATE : 09/29/2022

Key Details

Sold Price $1,600,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 73014120

Sold Date 09/29/22

Year Built 1900

Annual Tax Amount $18,908

Tax Year 2022

Lot Size 0.290 Acres

Acres 0.29

Property Description

Multi Family and separate Commercial building with 5 garage bays. Prime Quincy Center real estate. Multiple buildings containing a nice 2 family property located less than a half mile to Quincy Center Red Line. In the back lot is a 3550 square foot building with 5 garage bays and parking. Zoned Business C Central zoning. This property has great redevelopment potential with current location and potential great rent income potential while development is being prepared. The auto repair tenant is a TAW. First Floor of multi family is a TAW. Second floor of multi on lease until 6/30/2023 (could work with them if needed vacant). Properties must be sold together.NOI based on first floor of multi-family $1500/ month (under market). Second floor is $3,000 a month tenants on lease until 6/30/23 . 3 Bays being rented by auto repair shop- $3,500 a month. 2 Bays were being rented for vehicle storage for $2,000 a month (can continue). Seller not open to offers with permitting contingencies.

Location

State MA

County Norfolk

Area Quincy Center

Zoning BUSC

Direction McGrath Hwy to Newcomb

Exterior

Utilities Available Public Water, Public Sewer

Total Parking Spaces 20

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Listed by Compass
Bought with Colleen Foulsham • FC Realty Group
agent

Lantern Residential

Brokerage | License ID: 423866

+1(617) 207-1974

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