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$3,850,000

39-47 Water St, Quincy MA 02169
Quincy, MA 02169
Listed by Jeanne Hickey
Bedrooms
11
Bathrooms
7.1
Living area
6,706 sqft
Year built
1900

About this home

Unique Multi-Structure Investment Opportunity, Res/Bus Zone: 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.

Property details

MLS #
73507731
Property type
5-9 Family
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
8
Garage spaces
N/A
Lot size
0.35 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Lincoln-Hancock Community School
0.6 mi away · Grades 0-4
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
525
Student:teacher ratio
12.2:1
District
Quincy
Middle
Point Webster Middle
0.53 mi away · Grades 5-8
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
402
Student:teacher ratio
12.6:1
District
Quincy
High
Quincy High
0.74 mi away · Grades 9-12
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
1,465
Student:teacher ratio
12.2:1
District
Quincy

Mortgage calculator

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Est. monthly payment
$23,335/mo
$770,000 down
$3,080,000 loan
Principal & interest$19,977
Property tax (est.)$3,208
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated May 14, 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.