19 Nelson Street

Quincy, MA 02169

$790,000
Last Sold Price
6
Beds
6
Baths
4,080 Sq. Ft.
$194 / Sq. Ft.
4,080
Sq. Ft.
$194
per Sq. Ft.

Description

Great opportunity to purchase a fully occupied, turn-key property. Building consists of SIX 1-bedroom/1-bath units with separate utilities; gas heat/hot water paid by tenant. All units have same layout stretching from front to back and all units have assigned storage. Electric updated Summer 2016, modern (4 year old) fire panel and alarm system, roof replacement (30 year roof) & chimney work done in Fall 2005, replacement windows in 5 of 6 units. Building has vinyl siding, forced hot air throughout,...Great opportunity to purchase a fully occupied, turn-key property. Building consists of SIX 1-bedroom/1-bath units with separate utilities; gas heat/hot water paid by tenant. All units have same layout stretching from front to back and all units have assigned storage. Electric updated Summer 2016, modern (4 year old) fire panel and alarm system, roof replacement (30 year roof) & chimney work done in Fall 2005, replacement windows in 5 of 6 units. Building has vinyl siding, forced hot air throughout, full/unfinished basement, large backyard and off-street parking directly out front for 4 cars. There is room to make cosmetic improvements for added value, but no need for immediate work as all tenants want to remain. Currently generates over $41000 NET ANNUAL INCOME with room for increases - current rents are below market value. Located just off I-93 exit 8 (Furnace Brook Pkwy), along bus - accessible to Red Line & Boston.
  1. Listed by Matthew Petty • FRAME Residential

Property Details for 19 Nelson Street

Town
Quincy
MLS Area
West Quincy
Area
MA-Quincy-West Quincy, MA-Quincy
Garage Spaces
0
Parking Spaces
4.00
Parking Spaces Total
4

Location

Listing Courtesy of FRAME Residential, Matthew Petty

Sold By Berkshire Hathaway HomeServices Commonwealth Real Estate, Adam Chen

Add your commute
LISTING UPDATED: 08/06/2022 06:31 AM

Property Details for 19 Nelson Street

StatusSold
MLS #72051097
Days on Market64
Taxes$7,908 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1910
CountyNorfolk County

Location

Listing Courtesy of FRAME Residential, Matthew Petty

Sold By Berkshire Hathaway HomeServices Commonwealth Real Estate, Adam Chen

Add your commute

Building Information for 19 Nelson Street

Stories9Residences6Year Built1910Building Size-Lot Size0.18 AC / 7,803 SF

Payment Calculator

$4,970 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,311

Property Taxes

$659

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 19 Nelson Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access
  • Current Financing: Conv. Fixed
  • Living Area: 4080.0
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Actual,Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator, Freezer), Unit 2(Range, Unit 3(Range, Unit 4(Range, Gas Water Heater
  • Basement Features: Full, Walk Out, Dirt Floor, Unfinished Basement
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Carpet
  • Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
Exterior Features
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC), Unit 4(Window AC)
  • Cooling: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating: Unit 1(Forced Air, Gas), Unit 2(Forced Air, Unit 3(Forced Air, Unit 4(Forced Air
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
Tax Information
  • Tax ID: M:4003 B:37,182323
  • Assessments: $550,700
  • Book: 6226
  • Tax Year: 2016
  • Zoning: RESB
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Granite
  • Heat Units: 6
  • Heat Zones: 6
Income / Expenses
  • Electricity: $1,200.00
  • Annual Expenses Source: Owner
  • GOI: $62,400.00
  • Gross Scheduled Income: $.00
  • Insurance: $5,029.00
  • GRE: $20,639
  • HTE: $0
  • MSE: $783
  • RME: $1,863
  • NOI: $41,761.00
  • Operating Expense: $20,639.00
  • WSE: $1,880.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,200.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.50
  • Other Agent Compensation: 1.50

Property History for 19 Nelson Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 19 Nelson Street

Taxable ValueLand$295,500Additions$743,100Total$1,038,600
Tax Record2024$11,705 ($975 / month)
Home Facts
Baths6Total Finished SqFt4,080 SqFtAbove Grade Finished SqFt4,080 SqFtStories3Lot Size7,803 SqFtStyleMulti-Family Res (5+ Units)Year Built1910ZoningRESBCountyNORFOLKAPNQUIN M:4003 B:37

Schools near 19 Nelson Street

This home is within Quincy School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Lincoln-Hancock Community School
PublicK to 4

Reay E Sterling Middle School
Public5 to 8

Quincy High School
Public9 to 12

St. Mary School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of FRAME Residential, Matthew Petty

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.