For Sale
Call for price

3 Cottage AveQuincy, MA 02169

Luxury Apartments & Retail, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 2017-built, three-story mixed-use property at 3 Cottage Ave, Quincy, MA, presents a compelling investment opportunity. The 11,895 square foot building boasts 28 fully furnished, market-rate apartment units and two ground-floor retail spaces, currently enjoying 100% occupancy. Generating a substantial Net Operating Income (NOI) of $435,794, this stabilized asset offers immediate and consistent cash flow. Situated on a 7,505 square foot lot in the vibrant Quincy Center, the property benefits from its prime location, close proximity to amenities and transportation, and attractive curb appeal. The contemporary design and well-maintained condition ensure tenant satisfaction and long-term value. The building is zoned QCZD15 and features ample parking for residents. This is a rare chance to acquire a high-performing, mixed-use property in a thriving Massachusetts market. The 30 total tenants contribute to a strong rental history and a secure investment. This turnkey opportunity is ideal for investors seeking a stable, high-return asset with significant upside potential. The property's modern design and desirable location combine to create a truly exceptional investment.

Highlights

  • 100% market-rate occupancy.
  • Strong cash flow.
  • 11,898 SF mixed-use building with 28 furnished residential units and 2 retail spaces.
  • 2017 construction with contemporary design.
  • 100% occupancy generating immediate revenue.
  • Desirable downtown Quincy location.

Property Details for 3 Cottage Ave

Property type
Retail properties, Mixed-use properties
Square Feet
11,895 SF
Class
A
Year Built
2017
Stories
3
Units
28

Location Insight

City
Quincy
County
Norfolk
State
Massachusetts
Latitude
42.24840311
Longitude
-71.00145516
3 Cottage Ave, Quincy, Massachusetts

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
3 Cottage Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message