Updated Sep 9, 2024
Access Real Estate Acquires Package Deal In Quincy, MA For $3.25M
49 Copeland St Quincy, MA 02169, USA & 53 Copeland Street
$3,250,000
$170/SF
Building Size
9,556 SF
Asset Type
MultiFamily
Closing
May 29, 2023
About this deal
AI
A package deal consisting of two properties at 49 Copeland Street and 53 Copeland Street in Quincy, MA has been sold for $3,250,000. The total square footage of the properties is 9,556, resulting in a price per square foot of $340.
Summary of transaction details
- Property Type: Package Deal
- Transaction Amount: $3,250,000
- Address: 49 Copeland Street & 53 Copeland Street, Quincy, MA
- Market: Quincy, MA
- Square Footage: 9,556
- Price per Square Foot: $340
Katelyn Sullivan from Access Real Estate represented the buyer in this transaction, while Patrick Bateson, also from Access Real Estate, acted as the seller's representative.
On the Map
$3,250,000
$170/SF
MultiFamily
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Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93