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$3,850,000

Active

39-47 Water St

Quincy, MA, 02169

Multi-Family · MLS #73507731

Price/sqft

$574

Days on market

New today

Year built

1900

Lot size

0.35 ac

6,706 sq ft

Sq Ft

0.35 acres

Lot

1900

Year Built

Taxes: $13,556.97 (2025)

About this home

Unique Multi-Structure Investment Opportunity, Res/Bus Zone: Exceptional Flexibility & Location.This 1 of-a-kind property offers a versatile mix of four separate buildings totaling six units, ideal for investors, owner-occupants, or developers seeking strong income potential with future upside. Property includes 2 single-family homes,1 two-family residence ,1 single-family home with an attached business space. All but 1 units are currently rented, providing immediate, steady cash flow from day one. Recent improvements include newly paved parking, ensuring ample, convenient off-street spaces for tenants and visitors. Prime Location Highlights:Close proximity to public transportation and train. Minutes to major highways. Near Quincy Center with shopping, dining, and amenities Just 0.5 miles to Faxon Park and trail system for relaxation.The seller has already completed the process and expense of preparing the property for condominium conversion to be transfered at closing.

Property details

Road type
Public, Paved, Publicly Maint., Cul-De-Sac
Basement
Finished
Electric
Circuit Breakers

Listed by Jeanne Hickey · HomeSmart First Class Realty

Schedule a showing

39-47 Water St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$22,202 / month

Down payment20% · $770,000
Interest rate6.50%

Loan term

Principal & interest
$19,468
Property tax
$1,130
Home insurance
$1,604

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.