39-47 Water St, Quincy

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.

More about Quincy

Quincy Profile	Snapshot
Primary Vibe	Coastal city with Red Line access, diverse neighborhoods, and a mix of urban and suburban character. Popular with buyers seeking transit convenience and relative value.
Housing Prices	Prices vary by neighborhood and property type. Waterfront and Red Line-proximate properties command premiums. Multi-family homes offer rental potential.
Commute to Boston	Multiple Red Line stations provide direct access. Driving and bus options exist. Parking is generally more available than downtown.
Schools	Served by Quincy Public Schools. Confirm assignments with the district.
Market	Demand supported by transit and coastal access. Updated properties near stations or the water attract interest.
Housing Styles	Single-family homes, multi-family properties, condominiums, and waterfront units. Condition and location drive value.

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