Prime Quincy mixed-use opportunity! This solid brick, two-story building features three street-level retail spaces and a spacious second-floor 3-bedroom apartment, making it ideal for investors or owner-occupants. Located just off Willard Street with easy access to Routes 93, 128, and 3, the property sits in a high-visibility area with off-street parking for five vehicles. Currently generating a projected gross rental income of $83,784 annually when fully occupied, with additional potential for reimbursement of operating expenses. The second-floor residential unit will be delivered vacant, ready for immediate occupancy or lease-up. Property highlights include:3,574± total square feet 3 retail units, 1 residential unit Zoned BUSB (legal conforming) 5,766 SF lot with 5 off-street parking spaces (Parking lot address is 78 cross street.) High-traffic area and solid investment fundamentals
259 Copeland St, Quincy, MA, 02169
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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