4 Family at 245-247 Newport Ave, Quincy MA 02170, Quincy
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19 photos

$1,330,000

245-247 Newport Ave, Quincy MA 02170
Quincy, MA 02170
Listed by Christine Xie
Bedrooms
7
Bathrooms
4
Living area
3,305 sqft
Year built
1900

About this home

Location! Location! Location! Excellent investment opportunity in the heart of Wollaston! This well-maintained multi-family property is available for purchase individually or together with the adjacent property for $2.18M. Just a 2-minute walk to the Wollaston T Station, offering exceptional commuter convenience and strong rental demand. The property features three 2-bedroom units plus a 1-bedroom basement unit, totaling four legal rental units with excellent income potential. Recent updates include a new electrical system (2024), electric heating conversion (2024–2025), updated flooring, and ample parking. Conveniently located near shopping, restaurants, and major highways, this is a rare opportunity to own an income-producing property in one of Wollaston's most desirable locations. The adjacent property is also available, offering the potential to create a six-unit investment portfolio.

Property details

MLS #
73544008
Property type
4 Family
Subdivision
N/A
Status
Active
Days on market
57
On market date
July 1, 2026
Stories
4
Total bathrooms
4
Garage spaces
N/A
Parking spaces
5
Lot size
0.11 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Wollaston School
0.32 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
330
Student:teacher ratio
13.8:1
District
Quincy
Middle
Central Middle
0.68 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
641
Student:teacher ratio
14.9:1
District
Quincy
High
North Quincy High
0.75 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,408
Student:teacher ratio
16.2:1
District
Quincy

Mortgage calculator

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Est. monthly payment
$8,159/mo
$266,000 down
$1,064,000 loan
Principal & interest$6,901
Property tax (est.)$1,108
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 26, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.