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  • 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 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.

    KEY DETAILS
    • Price:
    • $8,295,000
    • Bedrooms:
    • 40
    • Full Baths:
    • 33
    • Square Footage:
    • 21,094
    • Acreage:
    • 0.36
    • Year Built:
    • 2015
    • MLS #:
    • 72321967
    • Street Address:
    • 10 Merrymount Rd
    • City:
    • Quincy
    • State:
    • MA
    • Postal Code:
    • 02169
    • County:
    • Norfolk
    • Area:
    • Quincy Center
    • Listing Status:
    • For Sale - Active

    Building

    • :
    • 2015
    • Approximate Total Liveable Area:
    • 21094.00
    • Foundation:
    • Poured Concrete
    • Number Of Units:
    • 23
    • Stories:
    • 4
    • Year Built Source:
    • Public Record

    Land

    • Conforms To Zoning:
    • Busc
    • Lot Description:
    • Paved Drive
    • Lot Size:
    • 15762.00

    Money

    • Price Per Square Foot:
    • 393.24
    • Property Taxes:
    • $65,067
    • Tax Year:
    • 2018

    Structures

    • Parking Spaces:
    • 21

    Systems

    • Existing Water:
    • City/Town Water
    • Sewage Type:
    • City/Town Sewer

    Source

    • Listing Provided By Tony Pepdjonovic of Marcus & Millichap Real Estate Investment Services
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    NOTES

    No notes have been added for this home.

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