NOT LISTED FOR SALE

117 Copeland St Quincy, MA 02169

South Quincy Neighborhood
17 Beds
11 Baths
8,391 Sq Ft
0.46 Acres

Last Sold September 06, 2024

Last sale price $2,650,000 $316 Per Sq Ft

1 Day on Market

Highlights

  • 0.46 Acre Lot
  • Property is near public transit
  • Wood Flooring

About This Home

As of September 2024

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.

Last Agent to Sell the Property

Paul Whaley

Coldwell Banker Realty - Boston Listed on: 07/30/2024

Coldwell Banker Realty - Boston

Last Buyer's Agent

Matt Ramey

Concept Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,904

Year Built

  • Built in 1940

Lot Details

  • 0.46

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 8,391 Sq Ft Home
  • Partial Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 11 Full Bathrooms

Parking

  • 14 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Additional Features

  • 0.46 Acre Lot
  • Property is near public transit
  • 7 Heating Zones

Listing and Financial Details

  • Total Actual Rent $17,596
  • Assessor Parcel Number M:4012 B:32

Community Details

Overview

  • 11 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $91,752

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,904

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Side by Side
  • Year Built: 1940
  • Buyer Agency: 2.5
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Wood, Vinyl
  • Fireplace YN: No
  • Total Bedrooms: 17
  • Full Bathrooms: 11
  • Total Bathrooms: 11
  • Total Bathrooms: 11
  • Basement: Partial
  • Living Area: 8391
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 315.81
  • PRICE PER Sq Ft: 315.81
  • MAIN SO: AN3962

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle, Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 14

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 5
  • HEAT ZONES: 7
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Highway Access
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:4012 B:32
  • Zoning: BUSB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Size Sq Ft: 20254
  • Lot Size Units: Acres
  • PAGE: 999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 24904
  • Tax Book Number: 999

Multi Family

  • Gross Income: 91752
  • Net Operating Income: 91752
  • Number Of Units Total: 11
  • Total Actual Rent: 17596
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 2
  • FLRS 2: 2

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $2,650,000 0.0% $316 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/30/2024 07/30/24 For Sale $2,650,000 -- $316 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Paul Whaley

    Seller's Agent in 2024

    Paul Whaley

    Coldwell Banker Realty - Boston

    (617) 460-4238

    2 in this area

    327 Total Sales

    Paul Whaley
    Section Image
  • Matt Ramey

    Buyer's Agent in 2024

    Matt Ramey

    Concept Properties

    (617) 785-4886

    1 in this area

    26 Total Sales

    Matt Ramey
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73270915

MLS Property Information Network (MLS PIN)

APN: QUIN M:4012 B:31 L:A

Massachusetts Norfolk County Quincy 02169 South Quincy

117 Copeland St, Quincy, MA

This home is located at 117 Copeland St, Quincy, MA 02169 since 30 July 2024. This property was built in 1940. 117 Copeland St is a home located in Norfolk County with nearby schools including Lincoln-Hancock Community School, South West Middle School, and Quincy High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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