Off Market

29-39 Newcomb St., Quincy, MA

Quincy · MA 02169

$6,950,000
Price
78
Beds
68.5
Baths
40000
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 2021
Units: 39 Units
Lot size: 0.6 Acre Lot
Price per square foot: $174 / Sq.Ft
Parking: 65 Garage Spaces

About this home

Entitled market-rate multi family or condominium development project on the edge of booming Quincy Center. 39 units on 5 floors with 65 garage spaces. (20) 2-bedroom, 2-bathroom units with a living area of 900-1150 sq. ft. (19) 2-bedroom, 1.5 bath units with a living area of 690-800 sq. ft. This well-located asset benefits from the Federal Opportunity Zone which provides for significant tax advantages for short-term capital gains, long-term capital gains, and a stepped-up basis in existing tax liability. Existing conditions consist of a large 2-family and a single family on a .61 acre level lot. 5-minute walk to Quincy Center Train Station. Approved design plans upon request. VIEW ATTACHED DOCUMENTS.

Neighborhood & Transit

Quincy Center

29-39 Newcomb St., Quincy · MA 02169

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Quincy Center Red Commuter Rail 3 routes 0.33 mi
    • Fall River/New Bedford Line
    • Greenbush Line
    • Kingston Line

Price Insight

Days on Market:
2075 days
Listing Price:
$6,950,000
Price per Sq.Ft:
$174
Tax Assessment:
$1,282,700 in 2021
Taxes:
$1,331 / Monthly

Home Facts

Interior Features

Bedrooms
78
Full Bathrooms
59
Half Bathrooms
19
Living Area
40,000 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, 100 Amps

Exterior Features

Lot Size
26,000 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
65 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Jim McGue
Listing office
GRANITE GROUP REALTORS®
MLS PIN #
72790701