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Location! Location! Location! Rare investment opportunity to purcahse multiple properties at the same time, plus ample parkings! Just a 2-minutes walk to Wollaston T-Station. Two adjacent multi-family properties offered as one package. 245-247 Newport Ave features three 2-bedroom units plus a 1-bedroom basement unit. Major updates include a new electrical system (2024), electric heating conversion (2024-2025), and updated hardwood floors. 251 Newport Ave offers two 1-bedroom units with partial flooring updates completed in 2024. Together, these properties offer six legal rental units with strong income potential. Short distance to T-station, with easy access to shopping, restaurants, and major highways. An excellent opportunity for investors seeking strong cash flow and long-term value.

More Info

Basic Information

  • Gross Income $96,000
  • Mls StatusNew
  • 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 Spaces9

Rooms

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

Basic Information

  • List Price$2,180,000
  • MLS Number73544008
  • Modification Date07/01/2026
  • 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

Other

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

Map Location

Driving Directions

Listed by Christine Xie of Denkar Realty Group

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