TWO-FAMILY AND FOUR-FAMILY PROPERTIES FOR SALE. Excellent opportunity to own two multi-family properties! Conveniently located near the Wollaston T station, these properties offer a variety of living arrangements and potential investment opportunities. Two-Family Building, First-Floor Unit: Features three rooms, one bedroom, an eat-in kitchen, and a finished basement offering additional usable space. Second-Floor Unit: Offers three rooms, one bedroom, an eat-in kitchen, a private deck, and a walk-up attic providing additional storage. potential Four-Family Building Basement Unit: Features two rooms, one bedroom, and a kitchen. First-Floor Unit: Offers four rooms, one bedroom, an eat-in kitchen, and a sunroom. Second-Floor Unit: Features five rooms, two bedrooms, an eat-in kitchen, and a sunroom. Third-Floor Unit: Offers four rooms, one to two bedroom, and an eat-in kitchen. Additional Highlight: Two driveways, nine parking spaces provide valuable off-street parking. Conveniently situated near the Wollaston T station, these properties offer accessibility to public transportation and the surrounding area. An excellent opportunity for investors or buyers looking to own multi-family real estate in a convenient location. 2nd Floor unit with deck in the 2 family building is vacant now. 24 Houses notice to show.
This home has been viewed 2 times
Last Checked: October 30th, 2026 at 8:38am (Source: MLS PIN #73596608)
Gross Income: $98,088
Gross Expenses: $19,369
Net Income Calc: $78,719
Water Views
Annual Expenses for 245-251 Newport Ave, Quincy MA 02170
Total Gross Expenses (Calculated)$19,369/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax19369
Annual Income & Unit Breakdown for 245-251 Newport Ave, Quincy MA 02170
Total Gross Income (Calculated)$98,088
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Levels in Unit1
Rent IncludesHeat
General Information for 245-251 Newport Ave, Quincy MA 02170
Listing ID73596608
Property TypeMulti Family / 5+ Family
Price2139900 ($413.67/SqFt)
Style5-9 Family
CityQuincy
CountyNorfolk
MLS AreaWollaston
Neighborhood(s)
Approximate Living Area Total5173
Approximate Lot Size (Acres)0.23
Total Parking9
Garage Parking0
Year Built1898
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningBUSB
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 245-251 Newport Ave, Quincy MA 02170
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceOther
ExclusionsBlack Light Fixture Above Storage Bench 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 245-251 Newport Ave, Quincy MA 02170
Real Estate Taxes19369
Tax Year2026
Assessed Value$1,644,300
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 245-251 Newport Ave, Quincy MA 02170
Neighborhood(s)
MLS AreaWollaston
Area AmenitiesWalk/jog Trails
Contact Information for 245-251 Newport Ave, Quincy MA 02170