NOT LISTED FOR SALE
17 Beds
11 Baths
8,391 Sq Ft
0.46 Acre Lot

Sale Details

Date Sold: September 6, 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

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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

  • 20,254 Sq Ft 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

0.46 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Side by Side
  • Year Built: 1940
  • 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
  • Basement: Partial
  • Living Area: 8391
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: AN6181
  • 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 Sq Ft: 20254
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 24904

Multi Family

  • 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 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2024
Closed on
Sep 6, 2024
Sold by
Bought by
Seller's Agent
Paul Whaley
Coldwell Banker Realty - Boston
Buyer's Agent
Matt Ramey
Concept Properties
List Price
$2,650,000
Sold Price
$2,650,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,825,000
Outstanding Balance
$1,788,517
Interest Rate
6.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$823,000
Interest Rate
3.7%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,650,000 None Available
$1,175,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,825,000
Closed $823,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,872 $1,116,400 $275,900 $840,500
2024 $12,116 $1,075,100 $262,800 $812,300
2023 $11,045 $992,400 $238,900 $753,500
2022 $10,649 $888,900 $199,000 $689,900
2021 $10,321 $850,200 $199,000 $651,200
2020 $10,088 $811,600 $199,000 $612,600
2019 $9,547 $760,700 $187,800 $572,900
2018 $9,836 $737,300 $173,900 $563,400
2017 $9,555 $674,300 $165,600 $508,700
2016 $8,412 $585,800 $144,000 $441,800
2015 $7,442 $509,700 $144,000 $365,700
2014 $7,099 $477,700 $144,000 $333,700
Source: Public Records

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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

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