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64-66 Trafford Street, Quincy, MA, 02169 | $2,150,000
64-66 Trafford St a six unit investment property located in Quincy, Ma. The property is improved by a main building comprised of 5 apartments and there is also a stand-alone bungalow with a fenced in yard in the rear of the lot. The buildings are comprised entirely of 2bedroom/1 Bath units that have all been fully remodeled including new kitchens, baths, lighting, unit subpanels, and in-unit laundry. The asset generates a very strong $14, 675 per month ($176, 100 annually) and allows an investor to take advantage of the significant property appreciation and rent growth that Quincy continues to experience. The property features ample off-street parking and is conveniently located walking distance to Quincy Adams Red Line Station, Crown Colony Office Park, and the brand new Quincy Bus Depot. Trafford Street is near the bustling downtown Quincy Center and has excellent highway access to I93 N&S and RT3.
Features
- Amenities: Public Transportation, Shopping, Park, Golf, Laundromat, Highway Access, T-Station
- Rooms: 26
- Bedrooms: 12
- Baths: 6 full
- Units: 6
- Year Built: 1900
- Basement: Unfinished
- Approx Sq. Feet: 5,845
- Acreage: 0.24
- Est. Taxes: $16,076
- Lot Desc: Other
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
- MLS#: 73317863
- Website: https://www.raveis.com
/prop/73317863/6466traffordstreet_quincy_ma?source=qrflyer
Listing by Tony Pepdjonovic courtesy of Marcus & Millichap Real Estate Investment Services
William Raveis Family of Services
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Kate RockettVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1500191
617.281.4872
Kate.Rockett@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
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Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance
617.320.5687
Joel.Fanjoy@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
64-66 Trafford Street, Quincy, MA, 02169
$2,150,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Kate Rockett
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,720,000 | $1,720,000 | $1,720,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.795% | 6.472% | 5.966% |
| Monthly Tax Payment | $1,340 | $1,340 | $1,340 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,901 | $10,731 | $14,398 |
| Total Monthly Payment | $11,366 | $12,196 | $15,863 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630