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39-47 Water St, Quincy MA 02169

$3,850,000

Estimated $7,373/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $641,666.67

Total Rent: 87300/year

Estimated CAP Rate:

11 Bedrooms

Baths

6706

Total Parking: 12

15,360 (0.35)

Unique Multi-Structure Investment Opportunity: Exceptional Flexibility & Location.Rarely available, 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.

This home has been viewed 2 times

Last Checked: May 2nd, 2026 at 5:38am (Source: MLS PIN #73507731)

Gross Income: $87,300

Gross Expenses: $13,556

Net Income Calc: $73,744

Annual Expenses for 39-47 Water St, Quincy MA 02169

Total Gross Expenses (Calculated)$13,556/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax13556.97

Annual Income & Unit Breakdown for 39-47 Water St, Quincy MA 02169

Total Gross Income (Calculated)$87,300

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Levels in Unit2

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Levels in Unit2

Rent Includes

General Information for 39-47 Water St, Quincy MA 02169

Listing ID73507731

Property TypeMulti Family / 5+ Family

Price3850000 ($574.11/SqFt)

Style5-9 Family

CityQuincy

CountyNorfolk

Neighborhood(s)

Approximate Living Area Total6706

Approximate Lot Size (Acres)0.35

Total Parking12

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningBUSB

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 39-47 Water St, Quincy MA 02169

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Items And Furniture Are Excluded Including Mounted Tv In Kitchen.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 39-47 Water St, Quincy MA 02169

Real Estate Taxes13556.97

Tax Year2025

Assessed Value$1,175,800

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 39-47 Water St, Quincy MA 02169

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 39-47 Water St, Quincy MA 02169

Agent

Name: Jeanne Hickey

Office

Name: HomeSmart First Class Realty

Phone: 508-927-1211

Payment Calculator

, Interest

Property Taxes 1129.75

Principal & Interest 23722.48

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

HomeSmart First Class Realty

Jeanne Hickey

Agent Phone

Office Phone

(508) 927-1211

Text Agent Call Agent Call Office

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    [unparsed] => 39-47 Water St, Quincy MA 02169
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EXIT

35 More Photos

Active

39-47 Water St, Quincy MA 02169

$3,850,000

Annual Expenses for 39-47 Water St, Quincy MA 02169

Annual Income & Unit Breakdown for 39-47 Water St, Quincy MA 02169

General Information for 39-47 Water St, Quincy MA 02169

Disclosures for 39-47 Water St, Quincy MA 02169

Financial Information for 39-47 Water St, Quincy MA 02169

Location Information for 39-47 Water St, Quincy MA 02169

Contact Information for 39-47 Water St, Quincy MA 02169

Agent

Office

Payment Calculator

Exclusive Listing Agent

HomeSmart First Class Realty

Jeanne Hickey