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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.

More Info

Basic Information

  • Gross Income $96,000
  • Mls StatusActive
  • Parcel Number M:5110 B:0009 L:0015

Tax Information

  • Tax Assessed Value $925,500
  • Tax Year 2026
  • Taxes$10,902

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Deeded, Paved
  • Parking Spaces5

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 4
  • Bedrooms7
  • Full Bath4

Basic Information

  • List Price$1,370,000
  • MLS Number73544008
  • Modification Date07/11/2026
  • Property SubType4 Family

Location

  • Address245-247 Newport Avenue
  • Building Number245-247
  • CountyNorfolk
  • StateMA
  • StreetNewport Avenue
  • TownQuincy
  • Zip02170

Building

  • BasementFull, Partially Finished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationGranite
  • Foundation Area 1366
  • Levels 4
  • Rooms20
  • Stories4
  • Units4
  • Utilities For Electric Range, For Electric Dryer
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.11

Interior

  • Flooring Wood, Tile, Vinyl, Laminate, Hardwood
  • Interior Features Living Room, Kitchen, Sunroom

Exterior

  • RoofShingle

Utilities

  • Electric Circuit Breakers
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 3,305
  • Lot Size Square Feet 5,000
  • Lot Size Units Acres
  • Square Feet3,305

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Golf
    • Highway Access
    • Laundromat
    • Medical Facility
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement, Golf, Tennis

Legal

  • ZoningBUSB

Other

  • Date Listed07/01/2026
  • Farm Land Area Units Square Feet
  • View Count7

Map Location

Driving Directions

Listed by Christine Xie of Denkar Realty Group

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