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Active

39-47 Water St

Quincy, MA 02169

Offered at$3,850,000

Residential Income · Active · MLS #73507731
Listing Courtesy of HomeSmart First Class Realty | Jeanne Hickey

11Bedrooms
8Bathrooms
6,706Square feet
1900Year built

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MLS PIN data

About this home

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.

Property information

Details at a glance

Interior

Rooms
28
Heating
Natural Gas

Building

Style
5-9 Family
Year built
1900
Parking
12
Foundation
Concrete Perimeter, Stone, Irregular
Roof
Shingle, Slate

Land & utilities

Lot size
0.35 acres
Water
Public
Sewer
Public Sewer
Zoning
BUSB

Financial

Annual taxes
$13,557
Assessment year
2025

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Property value estimate

An informed starting point

Estimated value$3,895,769

Estimated range $3,640,546$4,150,993

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Photo insights

Condition signals

Overall presentationaverage

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Quincy

MetricThis propertyQuincy
List price$3,850,000$999,950285% above local
Price / sq ft$574$44529% above local
Days on market12946180% above local
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Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.

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Common questions

About 39-47 Water St

Can I schedule a private showing?

Yes. Request a tour of 39-47 Water St and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.