291 Water Street, Quincy, Massachusetts 02169

$579,000
3,346
SqFt
List Price
$579,000
MLS#
72260606
Sq. Ft
3,346
Lot Size
6,418
County
Norfolk
Year Built
1930
Status
ACTIVE

Property Description

A two (2) unit Mixed Use - Residential and Commercial property located in West Quincy. A corner lot on the main street a few minutes to highway I-93. Currently, the property is leased to an Auto Sales and Auto Repair Shop on the 1st floor. A one bedroom apartment unit on the 2nd floor. Both rentals generate $4,000 per month with triple net. Tenant has a 7 years lease to turn over to new buyer. Or a negotiable option to buy out the lease from tenant to deliver vacant before closing. This is a great opportunity for investor who is interested in generating strong rental income from a well established tenant. There are potential developments in the property. It is fine to walk around the premise, please do not go inside the office to interrupt tenant while doing business.

Additional Information

Days on Market
11
Taxes
$5,106
Tax Year
2017
Construction
Frame
Parking Spaces
10
Acres
0.15
Price Per Sqft
$173

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Listing courtesy of Kathleen Lau Realty, LLC.

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