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For Sale

39-47 Water St

Quincy, MA

$3,849,999

11 bd/7.5 ba/6,706 sf

Courtesy of HomeSmart First Class Realty

This home is listed by another brokerage. We can arrange a viewing, and we can represent you as the buyer.

The listing brokerage last updated this record on October 11, 2026.

Photographs

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38 photographs from the listing brokerage, shown as they published them.

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.

The details

Property type
Multi-family
Bedrooms
11
Bathrooms
7.5
Interior
6,706 sq ft
Lot
0.35 acres
Year built
1900
Price per sq ft
$574
County
Norfolk
Taxes
$13,557 (2025)
Heating
Natural Gas
Basement
Finished
Parking
12
Stories
8
Roof
Shingle · Slate
Sewer
Public Sewer
Water
Public
Zoning
BUSB
Days on market
167
MLS #
73507731

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152 Lynnway, Unit J-1
Lynn, MA 01902
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