39-47 Water St, Quincy, MA 02169
$2,999,000 · For sale
- 6,706 sq ft
- Multi-Family
- Built 1900
- MLS #73507731
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.
About this address
39-47 Water St is a multi-family home for sale in Quincy, MA 02169 with 6,706 square feet, asking $2,999,000. It was built in 1900. It has been on our site since August 7, 2026.
At $447 a square foot, it compares with a median of $429 among the 24 other multi-family homes for sale in Quincy with a stated size.
The whole property at this address is assessed at $1,227,700 for fiscal year 2027. The assessor lists a lot of 0.35 acres.
It scores 99 out of 100 for walkability, from how close everyday places are.
The closest train or subway stop is Quincy Center (MBTA Red Line and Fall River/New Bedford Line), about 0.7 miles away. The closest bus stop is Quincy Ave @ Water St (MBTA route 225), about 0.1 miles away.
The closest public schools by level are Lincoln-Hancock Community School (0.6 miles), Point Webster Middle (0.5 miles) and Quincy High (0.7 miles). The district decides which school serves an address.
Listing information from MLS Property Information Network (MLS PIN), MLS #73507731, deemed reliable but not guaranteed. Prices are compared with other homes listed on this site today. Trains and buses come from the transit agencies’ published schedules and schools from the National Center for Education Statistics. Distances are straight-line. Assessed values and past sales are public records from municipal assessors, published by MassGIS. An assessed value is set for taxation and may differ from market value.
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