Investment Overview

Portfolio consisting of a 23 unit licensed rooming house, 4 family and a vacant lot with a 4 car garage on it located at 507, 511-513 and 511-R Hancock Street in Quincy. The rooming house at 511-513 Hancock has one common kitchen and 4 baths with rents averaging $180 to 200/week. The units in the 4 family at 507 Hancock have five rooms each and rent for $2,000/month. The owner pays the utilities including the heat, hot-water and electric on both the rooming house and 4 family. The land located at 511-R Hancock currently has 4 garages which are each estimated to rent for $200/month. Income and expenses are estimates only.

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First drive by the Property and view the exterior. DO NOT speak to the Owner, Owner's representative or Owner's tenants without a UMF Associate present. Especially in the event they are present during your initial drive by. If you are interested in the property after your initial drive by please contact the UMF listing associate to schedule an appointment.

All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price,rental or other conditions, prior to sale or lease, or withdrawal without notice. United Multi Family makes no warranty or representation about the content of this brochure. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property.