Skip To Content

390-392 Water Street

Quincy, MA 02169
  • $985,000
  • STATUS: Active
  • MLS #: 72951735
$985,000
  • 5
    BEDS
  • 0.09
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,574
    SQFT
  • $276
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Ratings & Info

Listing courtesy of Dream Team Ma of Dream Realty.

Description

Rare opportunity to own this mixed-used 3-unit building in Quincy thats fully tenanted! Property consists of the front first floor unit with 2 bedrooms, second floor unit with 3 bedroom (can be used as 4 bed), and the back commercial unit with a Grossman St. address that comes with a garage. The two residential units has de-lead certificate since 1992. Property currently cash flowing but theres still room to increase rent or potential expansion by adding more living space on top of the back commercial unit. New roof, new heating & water heaters were done in 2018. Located close to Quincy Adams T with bus stop just steps away, and with easy access to major routes and amenities, this is one property not to be missed. Showings to be at open houses or scheduled appointments. Please DO NOT DISTURB tenants and the business/commercial space!!

Monthly Payment Calculator



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. Data last updated 2022-06-28T00:08:41.603.
www.revrealtyma.com/homes/126589617
Print Image

390-392 Water Street Quincy, MA 02169

  • Price: $985,000
  • Status: Active
  • On Site: Days
  • MLS #: 72951735
5
Beds
3
Baths
0
½ Baths
0.09
Acres
3,574
SQFT
$276
$/SQFT
1930
Built
Neighborhood:
Other
County:
Norfolk
Area:
Other
Property Description
Rare opportunity to own this mixed-used 3-unit building in Quincy thats fully tenanted! Property consists of the front first floor unit with 2 bedrooms, second floor unit with 3 bedroom (can be used as 4 bed), and the back commercial unit with a Grossman St. address that comes with a garage. The two residential units has de-lead certificate since 1992. Property currently cash flowing but theres still room to increase rent or potential expansion by adding more living space on top of the back commercial unit. New roof, new heating & water heaters were done in 2018. Located close to Quincy Adams T with bus stop just steps away, and with easy access to major routes and amenities, this is one property not to be missed. Showings to be at open houses or scheduled appointments. Please DO NOT DISTURB tenants and the business/commercial space!!
Exterior Features

Beachfront No Foundation Poured Concrete Lot Description Corner Parking Features On Street Without Permit Parking Spaces 1 Waterfront Flag No

Interior Features

Basement Yes Bedrooms Unit1 2 Bedrooms Unit2 3 Bedrooms Unit3 0 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Floors Unit1 1 Floors Unit2 2 Floors Unit3 1 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Hot Water Natural GasTankless Levels 2 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Rooms 16 Rooms Unit1 5 Rooms Unit2 6 Rooms Unit3 5

Property Features

Amenities Public TransportationShoppingParkWalk/Jog TrailsGolf CourseMedical FacilityLaundromatHighway AccessHouse Of WorshipPublic SchoolT-StationUniversity Apod Available No Assessments 565300.00 Disclosure No Disclosures Seller To Perform A 1031 Exchange. Unit 390 Lease Til 10/22. Unit 392 Lease Til 07/22. Commercial Space (5 Grossman) Taw Would Like To Remain. Buyers & Agents To Do Their Own Due Diligence. Property To Be Sold As is. Owner Currently Not Paying Flood insurance. Electric Features Circuit Breakers Exclusions Tenants Personal Property And Commercial Space's Security Camera System. Expenses Source Owner Provided Gross Operating Income 69600 Lead Paint Certified Treated Lease Unit1 Y Lease Unit2 Y Lease Unit3 N Lender Owned No Multifamily Type 3 Family Net Operating Income 65972 Rent Unit1 1900 Rent Unit2 2500 Rent Unit3 1400 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Includes Basement No Sq Ft Source Public Record Tax Year 2021 Taxes 6862.74 Water City/Town Water Year Built Description Actual Year Built Source Public Record Zoning Busb

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Dream Team Ma of Dream Realty.


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. Data last updated 2022-06-28T00:08:41.603.
 
https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_72951735_1.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_72951735_1.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_72951735_1.jpg
Logo
Revolution Realty
90 Canal Street, 4th Floor
Boston MA, 02114
Listing courtesy of Dream Team Ma of Dream Realty.