About 245-247 Newport Ave
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.
Features of 245-247 Newport Ave
| MLS® # | 73544008 |
|---|---|
| Price | $1,330,000 |
| Bedrooms | 7 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,305 |
| Acres | 0.11 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 4 Family |
| Status | Active |
Community Information
| Address | 245-247 Newport Ave |
|---|---|
| City | Quincy |
| County | Norfolk |
| State | MA |
| Zip Code | 02170-1716 |
Amenities
| Utilities | for Electric Range, for Electric Dryer |
|---|---|
| Parking Spaces | 5 |
| Parking | Paved Drive, Off Street, Deeded, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Living Room, Kitchen, Sunroom |
|---|---|
| Appliances | Range, Refrigerator |
| Fireplace | No |
| # of Stories | 4 |
| Stories | 4 |
Exterior
| Roof | Shingle |
|---|---|
| Construction | Frame |
| Foundation | Granite |
Additional Information
| Zoning | BUSB |
|---|
Listing Details
| Agent | Christine Xie |
|---|---|
| Office | Denkar Realty Group |