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$1,850,000   Price Analysis
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514 South St
Quincy, MA 02169
10 bed 10 bath 3,866 SqFt ($478/SqFt)
5,452SqFt lot. Built 1940
Listed 2024-04-25, Taxes $16,540
Ⓧ USDA Ineligible
due to price & location

near Quincy

Uniq ue property converted to 10 residential studio units in 2002.

Each unit has it's own kitchen and full bath with stand up shower. Refrigerators and Window AC units included. Great 20+ year Rental History. All rents include gas heat, hot water and cooking, electric (Electricity is separately metered but currently included in rents), wireless internet (DSL) and DirecTV.

Speed Queen Coin-Op Washer and Dryer. Off street parking for 10 cars. Fully fire sprinkled building with addressable fire alarm system. Additional parcel (parking) at 190-194 East Howard St. included. Signed Non-Disclosure Agreement required t obtain all financial information


Presented by David O'connell at
RE MAX Realty Pros.


Property MLS #73228761 from MLSPIN

Bedrooms: 10

Total Rooms: 10
Basement Description: Partial, Sump Pump, Concrete

Total Bathrooms: 10
Full Bathrooms: 10

Ceiling Fan(s)
Bathroom with Shower Stall
Door Features: Insulated Doors
Flooring: Vinyl, Carpet
Window Features: Insulated Windows

Washer
Dryer
Range
Refrigerator

Cooling Features: Window Unit(s)
Heating Features: Baseboard
Heating: Yes

Lot Size Acres: 0.1251607
Lot Size Square Feet: 5452

Road Frontage Type: Public
Road Surface Type: Paved

Open Parking: Yes
Parking Features: Paved Drive, Off Street, Paved
Parking Total: 10

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 10

Community Features: Public Transportation, Park

Rent Includes: Unit 1(Heat, Electric, Gas, Water, Hot Water), Unit 2(Heat, Electric, Gas, Water, Hot Water)

Annual Tax Amount: 19325
Source Listing Status: Active
County: Norfolk
Directions: South St
Tax Year: 2024
Source Property Type: Residential Income
Parcel Number: M:2067B B:89, 179140
Postal Code Plus 4: 8724
Zoning: BUSB
Property Subtype: 5+ Family - 5+ Units Up/Down
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$1,146,100 + $340,000
$1,486,100
$16,540
2022$1,028,200 + $260,000
$1,288,200
$15,433
2021$976,700 + $260,000
$1,236,700
$15,014
2020$925,100 + $260,000
$1,185,100
$14,731
2019$805,400 + $260,000
$1,065,400
$13,371
2018$729,300 + $260,000
$989,300
$13,197
2017$495,700 + $250,000
$745,700
$10,567
2016$475,100 + $250,000
$725,100
$10,412
2015$472,600 + $250,000
$722,600
$10,550
2014$496,400 + $190,000
$686,400
$10,200
2006$333,300 + $299,500
$632,800
$6,537
2005$303,100 + $299,500
$602,600
$6,532
2004$170,180 + $220,000
$390,180
$4,901
2003$170,180 + $220,000
$390,180
$5,314

Listed 2024-04-25
$1,850,000
MLSPIN
Listing removed 2023-12-13
$1,850,000
MLSPIN
Relisted 2023-10-21
$1,850,000
MLSPIN
Listing removed 2023-10-19
$0
MLSPIN
Listed 2023-09-11
$1,950,000
MLSPIN
Listing removed 2023-06-12
$1,950,000
MLSPIN
Listed 2023-05-25
$1,950,000
MLSPIN
Sold 2000-06-22
$191,400
Public Record

Year Built: 1940
Building Area Total: 3866
Building Area Units: Square Feet
Construction Materials: Frame, Brick
Foundation Details: Concrete Perimeter
Property Age: 84
Roof: Rubber
Levels or Stories: 2
Year Built Details: Renovated Since
Year Built Source: Public Records

Sewer: Public Sewer
for Gas Range
Water Source: Public

Other Equipment: Intercom

Clifford H Marshall Elementary School is a public elementary school located approximately 0.2 miles away.
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Point Webster Middle School is a public elementary and middle school located approximately 0.8 miles away.
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Quincy High School is a public high school located approximately 1.4 miles away.
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Noble Academy is a private elementary school located approximately 0.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.