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Price Reduction
Address
10 Merrymount Road Quincy, MA
Price
$ 8,295,000
Property Attributes
  • MLS#72321967
  • TypeMulti-Family
  • CountyNORFOLK
  • CityQuincy
  • AreaQuincy Center
  • Zip02169
  • Style5+ Family - 5+ Units Up/Down
  • Year Built2015
  • Taxes65067
  • Price$ 8,295,000
  • Bedrooms40
  • Full Bathrooms33
  • Half Bathrooms0
  • Sqr Footage21094
  • Lot Size0.36 Acres
Listing Provided Courtesy Of:
Tony Pepdjonovic with Marcus & Millichap Real Estate Investment Services.
Property Description

Ten|m is a new fully-occupied 23 unit luxury rental building located on Merrymount Road in Quincy, Massachusetts. Ten|m provides investors a true turnkey investment opportunity with a robust in-place Net Income of $420,700. The property is a retrofit of the New England Telephone Building listed on the National Register of Historic Places. The apartments feature open-layouts, condo quality finishes, lofted 11-13 foot ceilings, and in-unit laundry. Penthouse units include private decks overlooking Butler’s Pond. The property has elevator access, a fitness room, and off-street parking for the tenant’s use. 10 Merrymount Road lies in an excellent commuter location, steps off of Hancock Street which is less than a half-mile from the Quincy Center MBTA Station. Quincy Center is considered the transit hub of the city providing residents with MBTA Red line, Commuter Rail, and public bus service.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
5/7/2018 Listed $8,650,000
7/16/2018 5% - $8,295,000

General Features

Parking Spaces 21
Square Feet 21094.00
State Massachusetts

Interior Features

Bedrooms 40
Full Baths 33
Total Number of Units 23

Exterior Features

Foundation Poured Concrete
Lot Description Paved Drive

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 02169

Price
AVG $1.16M
$8.3M
Taxes
AVG $10,177
$65,067
Visits
AVG 42
342
Year Built
AVG 1913
2015
Walkscore
AVG 55
83

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