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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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39-47 Water St , Quincy, MA 02169
$3,850,000
Est. Payment: $8,555.56/mo
11 Bed
8 Bath
6706 Sqft
Status: Active | Days on site: 144
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AN6494 - CN203249
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House Description

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.

Highlights

Listed by Jeanne Hickey , 781-856-7077 HomeSmart First Class Realty , 508-927-1211.

Property Type

Multi-Family

Lot/Acreage
0.35

Year Built

1900

County

Norfolk

Listing ID

73507731

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:11
  • Bathrooms:8
  • Full Bathrooms:7
  • 1/2 Bathrooms:1
Appliances:Washer, Dryer
Other:
  • Additional:Laundry Room
Water:Public

Exterior Features

Lot:Cul-De-Sac
Garage Capacity:12
Zoning:BUSB
Roof:Shingle,Slate
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Common,Driveway,Paved,Parking Spaces: 12
Principal Interest
$8,556
Taxes
$1,130

Home Price

$3,850,000

Loan Details

30 yrs
%

Down Payment

20%
$770,000
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Monthly Price:
$8,555.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,555.56 $1,129.75 $0.00 $9,685.30
Yearly $102,666.67 $13,556.97 $0.00 $116,223.64
Total $3,080,000.00 $406,709.10 $0.00 $3,486,709.10

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Quincy, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.