Listing # 72321967
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 Butlers Pond. The property has elevator access, a fitness room, and off-street parking for the tenants 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.
- County: Norfolk
- MLS Area: Quincy Center
- Sq. Ft: 21094
- Apod Available: Yes
- Foundation: Poured Concrete
- Lead Paint: None
- Lot Description: Paved Drive
- Mf Type: 5+ Family - 5+ Units Up/Down
- Sewer: City/Town Sewer
- Water: City/Town Water
Marcus & Millichap Real Estate Investment Services
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MLS PIN data last updated at September 23rd, 2018 2:13:35 AM EDT