161-163 Kendrick Ave, Quincy, MA, 02169 | $849,000

Are you an investor looking for another multi-family to add to your portfolio? Or a first-time homebuyer looking to supplement your mortgage with rental income by owner occupying? Then this two family is perfect for you! This updated two-family in the desirable Faxon Park area of Quincy, just a short distance from the Quincy Adams Redline T Stop, boasts spacious, two bedroom units with many updates. The second floor unit has a sunroom perfect as an office for those that work from home and a deck. Both units have good sized, eat in kitchens with plenty of cabinet space. The second floor has a pantry and in-unit laundry with a newer kitchen and bath. First floor unit has access to washer and dryer in basement (coin-op dryer). Each unit has access to one side of garage as well. Please see attachment on MLS for parking layout in driveway and list of updates/rental history. Don't miss your chance to own in one of Quincy's most convenient locations with a strong rental history.

Features

  • Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, T-Station
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 2 full
  • Units: 2
  • Year Built: 1925
  • Garage: 2-car
  • Basement: Full, Unfinished
  • Approx Sq. Feet: 2,006
  • Acreage: 0.12
  • Est. Taxes: $7,414
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • MLS#: 73370684
  • Website: https://www.raveis.com
    /prop/73370684/161163kendrickave_quincy_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Nicole Vermillion courtesy of Lamacchia Realty, Inc.   Phone: 781-917-0491

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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

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161-163 Kendrick Ave, Quincy, MA, 02169

$849,000

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 $679,200 $679,200 $679,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.663% 6.751% 6.309%
Monthly Tax Payment $618 $618 $618
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,910 $4,349 $5,777
Total Monthly Payment $4,620 $5,059 $6,487

* 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.