|Interest Rate||4.5%||%||Gross Scheduled Rent||$225,648||$|
|Real Estate Taxes||$25,678||$|
|Maintenance & Repairs||$6,431||$|
Great investment opportunity in the beautiful Wollaston neighborhood of Quincy. Rare opportunity to purchase 2 multi-family buildings (Separately Deeded and 6 units each) with a 22 space parking lot in rear. Each building has 5-two bedroom units and 1-one bedroom unit. All 2 bedroom units have the same layout and all units have separate utilities except for one of the 1 bed units. All units are Tenancy at Will. Roofs stripped and newly installed in 2016. New central fire alarm system in 2017. Coin operated laundry in each building. Property is very close to Andrews Park in East Milton and a short distance to the Wollaston T station and East Milton Square where there are Restaurants, Shopping and a nice market. Close proximity to Rt. 93 and Rt. 3. Excellent NOI with room to increase as rents are at the lower end of the Quincy market. Please see attached NOI/Cap Rate statement. Letters of full initial lead inspection compliance for every unit/common area will be provided.