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7 Days on Jacob Realty
10
$2,139,900
Total Beds: 7 Total Baths: 6
Total Units: 6 SQFT: 5173
LOT size: 0.23 Acres
245-251 Newport Ave
Quincy, MA 02170
View Map

Property Description

TWO-FAMILY AND FOUR-FAMILY PROPERTIES FOR SALE. Excellent opportunity to own two multi-family properties! Conveniently located near the Wollaston T station, these properties offer a variety of living arrangements and potential investment opportunities. Two-Family Building, First-Floor Unit: Features three rooms, one bedroom, an eat-in kitchen, and a finished basement offering additional usable space. Second-Floor Unit: Offers three rooms, one bedroom, an eat-in kitchen, a private deck, and a walk-up attic providing additional storage. potential Four-Family Building Basement Unit: Features two rooms, one bedroom, and a kitchen. First-Floor Unit: Offers four rooms, one bedroom, an eat-in kitchen, and a sunroom. Second-Floor Unit: Features five rooms, two bedrooms, an eat-in kitchen, and a sunroom. Third-Floor Unit: Offers four rooms, one to two bedroom, and an eat-in kitchen. Additional Highlight: Two driveways, nine parking spaces provide valuable off-street parking. Conveniently situated near the Wollaston T station, these properties offer accessibility to public transportation and the surrounding area. An excellent opportunity for investors or buyers looking to own multi-family real estate in a convenient location. 2nd Floor unit with deck in the 2 family building is vacant now. At least 24 hour notice to show.

Property Details

Building Information

  • Total Units: 6
  • Total Floors: 5
  • Total Bedrooms: 7
  • Total Full Baths: 6
  • Amenities: Golf Course, Highway Access, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Concrete Floor, Full, Partially Finished, Walk Out
  • Common Rooms: Dining Room, Kitchen, Living Room, Sunroom
  • Common Interior Features: Tile Floor
  • Common Appliances: Range, Refrigerator
  • Common Heating: Electric, Forced Air, Space Heater

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 120588
  • Gross Expenses: 47548
  • GSE: 6367
  • Electric Expenses: 3918
  • Water/Sewer: 6235
  • INSC: 9372
  • Repairs & Maintenance: 13134
  • RFS: 1744
  • Management Fee: 3887
  • Miscellaneous Expense: 2891
  • Net Operating Income: 120588

Utilities

  • Heat Zones: 6
  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Hot Water, Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 2 Description

  • Included in Rent: Hot Water, Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Hot Water, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Included in Rent: Hot Water, Water
  • Under Lease: Yes
  • Levels: 1

Construction

  • Year Built: 1898
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Granite
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Concrete, Laminate, Tile, Vinyl, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73596608
  • Last Updated: 11/02/26

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Map

Seller's Representative: Jian Zhi Tan, Central Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-11-02 03:05:00