39-47 Water St Quincy MA 02169 MLS #73507731

39-47 Water St
Quincy, MA, 02169
$3,850,000
11 Beds
7.5 Baths
6,706 SqFt
0.35 Acres
$3,850,000
39-47 Water St
Quincy, MA, 02169
MLS #73507731 image #0
Unique Multi-Structure Investment Opportunity: Exceptional Flexibility & Location.Rarely available, 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

Price:
$3,850,000
MLS #:
73507731
Status:
Active
Beds:
11
Baths:
7.5
Type:
Multi Family
Subtype:
5-9 Family
Listed Date:
Apr 27, 2026
Finished Sq Ft:
6,706
Total Sq Ft:
6,706
Lot Size:
15,360 sqft / 0.35 acres (approx)
Year Built:
1900
Units:
6

Schools

Interior

Above Grade Finished Area
6706
Appliances
Washer, Dryer
Bathrooms
7 Full Bathrooms, 1 Half Bathroom
Heating
Natural Gas
Interior Features
Laundry Room
Levels
8

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University
Lot Features
Cul-De-Sac
Open Parking Spaces
12
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Common, Driveway, Paved
Parking Spots
12
Parking Total
12
Roof
Shingle, Slate
Stories
8

Financial

Net Operating Income
$106,500
Tax Year
2025
Taxes
$13,557
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Marie Andrews

Marie Andrews

RealtorĀ®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Current real estate data for Multi Family in Quincy as of May 04, 2026
29
Multi Family Listed
154
Avg DOM
455
Avg $ / SqFt
$1,611,300
Avg List Price

Community

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Property Summary

    39-47 Water St Quincy MA is a Multi Family for sale in Quincy, MA, 02169. It is listed for $3,850,000 To schedule a showing of MLS#73507731 at 39-47 Water St in Quincy, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
39-47 Water St
Quincy, MA