3 Cottage Ave, Quincy, MA, 02169

3 Cottage Ave Quincy, MA 02169

3 Cottage Ave, Quincy, MA, 02169
3 Cottage Ave, Quincy, MA, 02169 3 Cottage Ave, Quincy, MA, 02169 3 Cottage Ave, Quincy, MA, 02169 3 Cottage Ave, Quincy, MA, 02169 3 Cottage Ave, Quincy, MA, 02169 3 Cottage Ave, Quincy, MA, 02169 3 Cottage Ave, Quincy, MA, 02169 3 Cottage Ave, Quincy, MA, 02169
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
Please Call Broker for Price

Last Verified:
Oct 10, 2024

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Highlights

  • - 100% Market Rate Units
  • - Strong Cash Flow
  • - 11,898 SF modern low-rise property with 28 fully furnished residential units and 2 ground floor retail units
  • - Built in 2017 with contemporary design and amenities
  • - 100% occupancy, ensuring immediate and consistent revenue
  • - Located in desirable downtown Quincy
  • - Well-maintained and attractive curb appeal
  • - Spacious, well-designed units for tenant comfort
  • - Parking available for tenants' convenience
  • - Close proximity to local amenities and transportation options

Description

Presenting a prime investment opportunity in Quincy Center: 3 Cottage Avenue. This striking property, built in 2017, encompasses approximately 11,898 square feet and features 28 fully furnished residential units along with two ground-floor retail spaces. Boasting 100% occupancy and all market-rate units, it guarantees an immediate and reliable revenue stream.

Located in the vibrant heart of downtown Quincy, this modern low-rise offers an attractive mixed-use development opportunity in a flourishing market. With a solid rental history and contemporary design, it stands out as an excellent investment for those seeking a strategically positioned asset with robust cash flow.

Located in the heart of Quincy, MA, the area surrounding the property offers a vibrant blend of urban convenience and New England charm. With its proximity to the historic Adams National Historical Park and the picturesque Wollaston Beach, the location provides ample opportunities for outdoor recreation and cultural exploration. Additionally, the bustling commercial district is home to a variety of dining, shopping, and entertainment options, ensuring that professionals working at the property have access to everything they need. The convenient access to public transportation and major highways makes commuting a breeze, further enhancing the appeal of this prime location for office and business use.


Year Built: 2017
Building Size: 11895sq ft
Lot Size: 0.17 acres


Documents

Floor Plans.pdf

Map of 3 Cottage Ave, Quincy, MA, 02169

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.