3 Cottage Ave Quincy, MA 02169-5280
Property summary
This exceptional mixed-use property, located at 3 Cottage Avenue in the heart of Quincy, MA, presents a lucrative investment opportunity. The building boasts 28 fully furnished residential units, comprising 26 studios and 2 one-bedroom apartments, all currently leased. Adding to the strong income stream are two fully leased ground-floor retail spaces, ensuring consistent rental revenue. The property benefits from a prime location, offering residents and patrons easy access to a variety of amenities. The vibrant surrounding area combines the convenience of a bustling commercial district with the charm of New England, including proximity to the historic Adams National Historical Park and the scenic Wollaston Beach. Residents and employees enjoy a wealth of dining, shopping, and entertainment options within walking distance. Excellent public transportation and major highway access further enhance the property's appeal, making commuting effortless. This turnkey investment offers a compelling blend of residential and commercial income potential in a highly desirable location. The property is offered at $8,200,000. The lot size is 0 acres. The exact square footage is not currently available.
Property profile
VerifiedCap rate & NOI
Current use
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Apartment Building Extended Stay Hotel
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(Bike/Boat/Book/etc) Store
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Real Estate Agency
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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