About 39-47 Water St
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.
Features of 39-47 Water St
| MLS® # | 73507731 |
|---|---|
| Price | $3,850,000 |
| Bedrooms | 11 |
| Bathrooms | 7.50 |
| Full Baths | 7 |
| Half Baths | 1 |
| Square Footage | 6,706 |
| Acres | 0.35 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 5-9 Family |
| Status | Active |
Community Information
| Address | 39-47 Water St |
|---|---|
| City | Quincy |
| County | Norfolk |
| State | MA |
| Zip Code | 02169-6630 |
Amenities
| Parking Spaces | 12 |
|---|---|
| Parking | Paved Drive, Off Street, Common, Driveway, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Laundry Room |
|---|---|
| Appliances | Washer, Dryer |
| Heating | Natural Gas |
| Fireplace | No |
| # of Stories | 8 |
| Stories | 8 |
Exterior
| Lot Description | Cul-De-Sac |
|---|---|
| Roof | Shingle, Slate |
| Foundation | Concrete Perimeter, Stone, Irregular |
Additional Information
| Zoning | BUSB |
|---|
Listing Details
| Agent | Jeanne Hickey |
|---|---|
| Office | HomeSmart First Class Realty |