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.
For sale
$3,850,000
39-47 Water St, Quincy, MA 02169
11beds
6,706sqft
5-9 Family
Built in 1900
-- sqft lot
$-- Zestimate®
$574/sqft
$-- HOA
What's special
Newly paved parking
- 124 days
- 291
- 10
Zillow last checked:
Listing updated:
Listed by:
Jeanne Hickey 781-856-7077,
HomeSmart First Class Realty 508-927-1211
Source: MLS PIN,MLS#: 73507731
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 8
- Full bathrooms: 7
- 1/2 bathrooms: 1
Heating
- Natural Gas
Appliances
- Included: Washer, Dryer
Features
- Laundry Room
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 6,706
- Total interior livable area: 6,706 sqft
- Finished area above ground: 6,706
Property
Parking
- Total spaces: 12
- Parking features: Paved Drive, Off Street, Common, Driveway, Paved
- Uncovered spaces: 12
Lot
- Size: 0.35 Acres
- Features: Cul-De-Sac
Details
- Parcel number: M:3003 B:22,180083
- Zoning: BUSB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Foundation: Concrete Perimeter, Stone, Irregular
- Roof: Shingle,Slate
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University
Location
- Region: Quincy
Financial & listing details
- Price per square foot: $574/sqft
- Tax assessed value: $1,175,800
- Annual tax amount: $13,556
- Date on market: 4/27/2026
- Total actual rent: 7275
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Listed for sale | $3,850,000$574/sqft |
Source: MLS PIN #73507731 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 02169
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