HomeQuincy5-9 Family39-47 Water St, Quincy MA 02169
39-47 Water St, Quincy MA 02169 — photo 1 of 381 / 38
$3,850,000
39-47 Water St, Quincy MA 02169
6 units · 11 bd · 8 ba · 6,706 sqft · $641,667/unit

SIGNAL SCORE

Condition & value30 / 100
Our read on condition & value vs. the local market, from the listing details — directional, not an appraisal.

About this property

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

Units6
Living area6,706 sqft
Lot size15,360 sqft
Year built1900
Price / sqft$574
CountyNorfolk
MLS #73507731

Listing status

Days on market17 days
Listed onApril 27, 2026

Taxes & financials

Annual property tax$13,557
Tax year2025
Assessed value$1,175,800
ZoningBUSB
Gross income (actual)$106,500/yr
Net operating income (actual)$106,500/yr
Total actual rent$7,275/mo

Building & lot

Stories8
Total rooms28
Lot size0.35 acres
Garage spaces0
Parking spaces12
ParkingPaved Drive, Off Street, Common, Driveway, Paved
BasementFinished
FoundationConcrete Perimeter, Stone, Irregular
RoofShingle, Slate

Utilities & systems

HeatingNatural Gas
SewerPublic Sewer
WaterPublic
AppliancesWasher, Dryer

Location

More about Quincy

Listing courtesy of HomeSmart First Class Realty — Jeanne Hickey. Listing data © MLS PIN.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 39-47 Water St, Quincy MA 02169 have?

It is a 6-unit multi-family property with 6,706 sqft of living area, built in 1900.

How long has 39-47 Water St, Quincy MA 02169 been on the market?

39-47 Water St, Quincy MA 02169 has been listed for 17 days (since April 27, 2026).

What are the property taxes on 39-47 Water St, Quincy MA 02169?

Annual property taxes are $13,557 (2025), on an assessed value of $1,175,800.

What is the price per square foot?

At $3,850,000 for 6,706 sqft, that's about $574 per square foot.

Is there parking?

12 total parking spaces (paved drive, off street, common, driveway, paved).

Where is this property located?

39-47 Water St, Quincy MA 02169 is in Quincy, Norfolk County, MA 02169.

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