For Sale, USD 1,200,000
67 Cleverly Ct, Quincy, MA 02169, USA, Quincy, Massachusetts, United States
Property Type : Single Family Home
Property Style : N/A
Build Size : 2,784 ft² / 259 m²
Land Size : N/A
Bedroom : 8
Bathroom : 3
Half Bathroom : 0
MLS#: N/A
Property Description
Exceptional opportunity for investors or owner-occupants seeking a turn-key, low-maintenance multi-family property in the desirable City of Quincy. This three-unit building offers strong income potential with flexibility for both investment and owner-occupancy. Extensive renovations were completed in 2019 and 2020, including updated kitchens and bathrooms in all units, minimizing immediate capital expenses. One unit is currently vacant, one unit is leased at two thousand nine hundred dollars per month, and one unit is tenant-at-will, offering a value-add opportunity to increase rents to market rate. Eight percent Cap Rate before expenses using seven thousand nine hundred dollars rent and one point two million dollars price point. Five point six percent Cap Rate net, using a thirty percent rate for taxes/insurance/maintenance/vacancies. Conveniently located on a quiet residential street, close to Quincy Center, Hingham Shipyard, major highways, shopping, restaurants, and public transportation. Walking distance to Bay Point Waterfront and Avalon Beach.
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67 Cleverly Ct, Quincy, MA 02169, USA, United States,Massachusetts,Quincy is a 2,784ft² Quincy luxury Single Family Home listed for sale USD 1,200,000. This high end Quincy Single Family Home is comprised of 8 bedrooms and 3 baths. Find more luxury properties in Quincy or search for luxury properties for sale in Quincy.