$2,650,000
17
Beds
11
Baths
8,391
Living Area
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Property Description
11 unit, residential portfolio is now available in this highly transit-oriented, suburban Quincy neighborhood. This is only .3 miles to the North and South Entrances of I-93 and under 1.5 miles to the Quincy Center T Stop. Comprised of four separate buildings and 14+ parking spaces, this opportunity for significant value add to a long-term investment asset is rare with this many units. There is a mix of one to three bedroom units with no below-grade living space and intuitive floor plans. Some units are vacant and have been recently upgraded to present immediate upward-adjusted market rents. The large number of parking spaces also offers additional income as there are more spaces than apartments. Group showings of vacant units only during the week. The property is comprised of two separate parcels known as 117-121 Copeland Street and 123-127 Copeland Street.
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Highlights
- Parking Spots: 14
- Property Type: 5+ Family - 5+ Units Side by Side
- Year Built: 1940
- Property Class: Residential Income
- Total Rooms: 45
- Status: Closed
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Additional Details
- Basement: Partial
- Flooring: Wood, Vinyl
- Road Frontage Type: Public
- Total Number of Units: 11
- Year Built Source: Public Records
- Construction: Brick
- Foundation: Stone, Brick/Mortar
- Roof: Shingle, Rubber
- Year Built Details: Approximate
- Zoning: Busb
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Amenities
- Community Features: Public Transportation, Highway Access
- Parking Features: Paved Drive, Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $2,209,800
- Compensation Based On: Gross/Full Sale Price
- Taxes: $24,904
- Buyer Agent Compensation: 2.5%
- Tax Year: 2024
- Total Rent: $17,596
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Listing information provided courtesy of Concept Properties.
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