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39-47 Water St, Quincy, MA 02169

$3,850,000
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Active
BEDS11 BATHS7 full 1 partial SQUARE FEET6,706 MLS#73507731
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Unique Multi-Structure Investment Opportunity, Res/Bus Zone: Maybe a land lease is in your mind. 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.

39-47 Water St | MLS# 73507731

This multi-family property located at 39-47 Water St, Quincy, MA 02169 is currently listed for sale with an asking price of $3,850,000. Search Quincy real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished
Heating: Natural Gas
Lot Size: 0.35 Acres
Roof Type: Shingle, Slate
Stories: 8.0
Taxes: $13,556
Year Built: 1900

Amenities

Laundry Room

Feature Descriptions

Appliances: Washer, Dryer
Building Area Total: 6706
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 143
Dwelling Type: 5-9 Family
Electric: Circuit Breakers
HeatingY/N: 1
Lot Features: Cul-De-Sac
Open Parking Y/N: Yes
Parcel Number: M:3003 B:22,180083
Parking Features: Paved Drive, Off Street, Common, Driveway, Paved
Parking Total: 12
Road Responsibility: Public Maintained Road
Rooms Total: 28
Sewer: Public Sewer
Units: 6
Water: Public

Listed By / Shown By

Listed By

Agency Name: HomeSmart First Class Realty
Agent Name: Jeanne Hickey
Agency Phone: 508-927-1211

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Estimated Payment

$ 10,821.01 per month $8,568.43 Principal & Interest $1,129.67 Property Tax $1,122.92 Homeowner's Insurance

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