Capital Realty Group, LLC
The Mezini Team, Capital Realty Group, LLCPhone: (508) 801-7122
Email: [email protected]
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listing
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CommercialSold
List Price $1,850,000
Sold Price $1,600,000
21-21R Newcomb St
Quincy, MA 02169
Courtesy of Compass - Nick Rivers
MLS Property Information Network
Est. Mortgage
$9,649/mo

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.

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