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Key Details
Sold Price $2,650,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Side by Side
Listing Status Sold
Purchase Type For Sale
Square Footage 8,391 sqft
Price per Sqft $315
MLS Listing ID 73270915
Bedrooms 17
Full Baths 11
Year Built 1940
Annual Tax Amount $24,904
Tax Year 2024
Lot Size 0.460 Acres
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.
Location
State MA
County Norfolk
Zoning BUSB
Interior
Flooring Wood, Vinyl
Exterior
Community Features Public Transportation, Highway Access
Roof Type Shingle,Rubber
Building
Story 9
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
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Bought with Matthew Ramey • Concept Properties