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
99
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. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

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

Walkability

Blended score for Quincy's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

87
Highly walkable
out of 100
EPA National Walkability Index
15.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks20
Schools18
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in Quincy, from live MLS data.

On the market 99 days -- 25 more days than Quincy's current average of 74 days.
For reference, the median list price across 769 active listings in Quincy right now is $343,000.

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 2 days ago.

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.