Address
109 Franklin Street Quincy, MA
Price
$ 3,500,000
Property Attributes
  • MLS#72759878
  • TypeMulti-Family
  • CountyNORFOLK
  • CityQuincy
  • Zip02169
  • Style5-9 Family
  • Year Built1830
  • Taxes18785
  • Price$ 3,500,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms5
  • Sqr Footage9517
  • Lot Size0.69 Acres
Listing Provided Courtesy Of:
Austin Partain with William Raveis R.E. & Home Services.
Property Description

DEVELOPMENT OPPORTUNITY! 103-111 Franklin Ave & 36 Presidents Ave are being sold together. .69 Acres Zoned BUS B. See attached documents for BUS B requirements. As Quincy continues to grow and the demand for housing increases, take advantage of this prime location within a 10 minute walk to the Train and less than 5 minutes to Route 3 and I-93. This is a commuters dream and includes 135 feet of street frontage on Franklin Street and 67 feet of frontage on Presidents Ave. There is a potential for 40+ units including three retail/restaurant spaces on Franklin Ave. The new Quincy Center is a short walk away. No plans have been submitted or approved. Online renderings are artist drawings and not architectural drawings. All square footage, gross income, land size, taxes and assessment includes 103-111 Franklin Ave and 36 Presidents Ave. Buyer to do their own due diligence. The sellers have not completed any feasibility study or geo study on the land.

Price History
11/20/2020 Listed $3,500,000

General Features

Construction Material Frame
Exterior Features Porch, Storage Shed, Barn/Stable
Full Baths 5
Half Baths 5
Levels 5
Parking Features Off-Street
Parking Spaces 12
Sewer City/Town Sewer
Square Feet 9517.00
State Massachusetts
Unit 1 Rent 1450
Unit 2 Rent 1000
Unit 3 Rent 1300
Unit 4 Rent 1400

Interior Features

Basement Features Unfinished Basement
Bedrooms (1) 1
Bedrooms (2) 1
Bedrooms (3) 1
Bedrooms (4) 1
Total Bedrooms 5
Total Number of Units 8

Exterior Features

Foundation Granite
Lot Description Paved Drive

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • 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 $1.21M
$3.5M
Taxes
AVG $10,470
$18,785
Year Built
AVG 1920
1830

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