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INVESTMENT SNAPSHOT
About this property
Location! Location! Location! Excellent investment opportunity in the heart of Wollaston! This well-maintained multi-family property is available for purchase individually or together with the adjacent property for $2.18M. Just a 2-minute walk to the Wollaston T Station, offering exceptional commuter convenience and strong rental demand. The property features three 2-bedroom units plus a 1-bedroom basement unit, totaling four legal rental units with excellent income potential. Recent updates include a new electrical system (2024), electric heating conversion (2024–2025), updated flooring, and ample parking. Conveniently located near shopping, restaurants, and major highways, this is a rare opportunity to own an income-producing property in one of Wollaston's most desirable locations. The adjacent property is also available, offering the potential to create a six-unit investment portfolio.
Property details
| Units | 4 |
| Living area | 3,305 sqft |
| Lot size | 5,000 sqft |
| Year built | 1900 |
| Price / sqft | $402 |
| County | Norfolk |
| MLS # | 73544008 |
Listing status
| Days on market | 25 days |
| Listed on | July 1, 2026 |
Taxes & financials
| Annual property tax | $10,902 |
| Tax year | 2026 |
| Assessed value | $925,500 |
| Zoning | BUSB |
| Gross income (actual) | $96,000/yr |
| Net operating income (actual) | $96,000/yr |
| Total actual rent | $8,000/mo |
Building & lot
| Stories | 4 |
| Total rooms | 20 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 5 |
| Parking | Paved Drive, Off Street, Deeded, Paved |
| Basement | Full, Partially Finished |
| Foundation | Granite |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Tile, Vinyl, Laminate, Hardwood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric Range, for Electric Dryer |
| Appliances | Range, Refrigerator |
Location
More about investing in Quincy →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 245-247 Newport Ave, Quincy MA 02170 have?
It is a 4-unit multi-family property with 3,305 sqft of living area, built in 1900.
How long has 245-247 Newport Ave, Quincy MA 02170 been on the market?
245-247 Newport Ave, Quincy MA 02170 has been listed for 25 days (since July 1, 2026).
What is the price per unit?
At a list price of $1,330,000 across 4 units, that works out to roughly $332,500 per unit.
What are the property taxes on 245-247 Newport Ave, Quincy MA 02170?
Annual property taxes are $10,902 (2026), on an assessed value of $925,500.
What is the price per square foot?
At $1,330,000 for 3,305 sqft, that's about $402 per square foot.
Is there parking?
5 total parking spaces (paved drive, off street, deeded, paved).
Where is this property located?
245-247 Newport Ave, Quincy MA 02170 is in Quincy, Norfolk County, MA 02170.
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