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251 Newport Ave, Quincy MA 02170

$2,180,000

Estimated $4,240/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $1,090,000

Total Rent: 46200/year

Estimated CAP Rate:

5 Bedrooms

Baths

1768

Total Parking: 5

5,000 (0.11)

Location! Location! Location! Rare investment opportunity to purchase 2 multiple family at the same time! Just a 2-minutes walk to Wollaston T-Station. Two adjacent multi-family properties offered as one package. 245-247 Newport Ave features three 2bedroom units plus a 1-bedroom basement unit. Major updates include a new electrical system (2024), electric heating conversion (2024-2025), and updated hardwood floors. 251 Newport Ave offers two 1-bedroom units with partial flooring updates completed in 2024. Together, these properties offer six legal rental units with strong income potential. Short distance to T-station, with easy access to shopping, restaurants, and major highways. An excellent opportunity for investors seeking strong cash flow and long-term value.

This home has been viewed 31 times

Last Checked: July 3rd, 2026 at 4:33am (Source: MLS PIN #73544011)

Gross Income: $46,200

Gross Expenses: $8,467

Net Income Calc: $37,733

Water Views

Annual Expenses for 251 Newport Ave, Quincy MA 02170

Total Gross Expenses (Calculated)$8,467/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8467

Annual Income & Unit Breakdown for 251 Newport Ave, Quincy MA 02170

Total Gross Income (Calculated)$46,200

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 251 Newport Ave, Quincy MA 02170

Listing ID73544011

Property TypeMulti Family

Price2180000 ($1233.03/SqFt)

StyleMulti Family

CityQuincy

CountyNorfolk

Neighborhood(s)

Approximate Living Area Total1768

Approximate Lot Size (Acres)0.11

Total Parking5

Garage Parking0

Year Built1898

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area852

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningBUSB

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 251 Newport Ave, Quincy MA 02170

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRefrigerator And Some Personal Belongings

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 251 Newport Ave, Quincy MA 02170

Real Estate Taxes8467

Tax Year2026

Assessed Value$718,800

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 251 Newport Ave, Quincy MA 02170

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 251 Newport Ave, Quincy MA 02170

Agent

Name: Christine Xie

Office

Name: Denkar Realty Group

Phone: 617-792-7871

Payment Calculator

, Interest

Property Taxes 705.58

Principal & Interest 13432.47

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Denkar Realty Group

Christine Xie

Agent Phone

Office Phone

(617) 792-7871

Text Agent Call Agent Call Office

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EXIT

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