$1,600,000
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21-21R Newcomb St Quincy, MA 02169
0.29 Acres Lot
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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Bought with Colleen Foulsham • FC Realty Group