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Canceled

387 Washington St, Quincy MA 02169

$1,550,000

Estimated $4,044/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $516,666.67

Total Rent: 78000/year

Estimated CAP Rate:

7 Bedrooms

Baths

3465

Total Parking: 10 (2 Garage)

9,909 (0.23)

Unique Mixed-Use Investment Opportunity in Quincy! Welcome to 387 Washington Street, a versatile mixed-use property offering an exceptional combination of residential and commercial space. The property features a **three-family residence with a total of 7 bedrooms and 3 bathrooms**, along with **two commercial storefronts**, creating multiple potential income streams under one ownership.Ideal for an investor, business owner, or entrepreneur looking to operate a business while having residential units just steps away. The combination of commercial frontage and multi-family living offers tremendous flexibility and value-add potential.Conveniently located in Quincy with access to major routes, public transportation, shopping, restaurants, and area amenities. Whether you're looking to expand your investment portfolio, establish a business location, or reposition the property for its next chapter, **387 Washington Street presents a truly unique opportunity. The Commercial space is listed as MLS 73587651

This home has been viewed 14 times

Last Checked: October 23rd, 2026 at 4:29am (Source: MLS PIN #73587650)

Gross Income: $78,000

Gross Expenses: $18,363

Net Income Calc: $59,637

Annual Expenses for 387 Washington St, Quincy MA 02169

Total Gross Expenses (Calculated)$18,363/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax18363

Annual Income & Unit Breakdown for 387 Washington St, Quincy MA 02169

Total Gross Income (Calculated)$78,000

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 387 Washington St, Quincy MA 02169

Listing ID73587650

Property TypeMulti Family / 3 Family

Price1550000 ($447.33/SqFt)

Style3 Family

CityQuincy

CountyNorfolk

Neighborhood(s)

Approximate Living Area Total3465

Approximate Lot Size (Acres)0.23

Total Parking10 (2 Garage)

Garage Parking2

Year Built1940

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningBUSB

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 387 Washington St, Quincy MA 02169

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

ExclusionsAppliances

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 387 Washington St, Quincy MA 02169

Real Estate Taxes18363

Tax Year2026

Assessed Value$984,800

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 387 Washington St, Quincy MA 02169

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 387 Washington St, Quincy MA 02169

Agent

Name: Red Giovanucci

Office

Name: William Raveis R.E. & Home Services

Phone: 781-837-5600

Team Members

Payment Calculator

, Interest

Property Taxes 1530.25

Principal & Interest 9550.61

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

William Raveis R.E. & Home Services

Red Giovanucci

Agent Phone

Office Phone

(781) 837-5600

Text Agent Call Agent Call Office

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    [description] => Unique Mixed-Use Investment Opportunity in Quincy! Welcome to 387 Washington Street, a versatile mixed-use property offering an exceptional combination of residential and commercial space. The property features a **three-family residence with a total of 7 bedrooms and 3 bathrooms**, along with **two commercial storefronts**, creating multiple potential income streams under one ownership.Ideal for an investor, business owner, or entrepreneur looking to operate a business while having residential units just steps away. The combination of commercial frontage and multi-family living offers tremendous flexibility and value-add potential.Conveniently located in Quincy with access to major routes, public transportation, shopping, restaurants, and area amenities. Whether you're looking to expand your investment portfolio, establish a business location, or reposition the property for its next chapter, **387 Washington Street presents a truly unique opportunity.  The Commercial space is listed as MLS 73587651
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    [unparsed] => 387 Washington St, Quincy MA 02169
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EXIT

29 More Photos

Canceled

387 Washington St, Quincy MA 02169

$1,550,000

Annual Expenses for 387 Washington St, Quincy MA 02169

Annual Income & Unit Breakdown for 387 Washington St, Quincy MA 02169

General Information for 387 Washington St, Quincy MA 02169

Disclosures for 387 Washington St, Quincy MA 02169

Financial Information for 387 Washington St, Quincy MA 02169

Location Information for 387 Washington St, Quincy MA 02169

Contact Information for 387 Washington St, Quincy MA 02169

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

William Raveis R.E. & Home Services

Red Giovanucci