251 Newport Ave, Quincy MA 02170

Quincy, MA 02170
$2,180,000
$850,000
Est. $5,204/month
5
Beds
2
Baths
1,768
Sq Ft
$481
Price/Sq Ft
0.11
Acres
1898
Year Built
5
Parking
40
Days on Market
For Sale Price Drop -$1,330,000 Listed Jul 1, 2026 • MLS# 73544011 Copied! • Updated Jul 26, 2026

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About this home

Location! Location! Location! Excellent investment opportunity in the heart of Wollaston! This well-maintained two-family property is available for purchase individually or together with the adjacent property 245-247 Newport Ave. Just a 2-minute walk to the Wollaston T Station, offering exceptional commuter convenience and strong rental demand.Featuring two 1-bedroom units with partial flooring updates completed in 2024 and ample parking. Conveniently located near shopping, restaurants, and major highways, this property offers excellent rental potential and long-term investment value. The adjacent property is also available for a combined six-unit investment opportunity.

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Recently Sold Nearby

Property History

Market Insights

2
Price Changes
61%
Price Range

Property Timeline

Price Reduced
Jul 23, 2026
$850,000 $70,000 (-7.61%)
From $920,000 to $850,000 (-7.6%)
Price Reduced
Jul 8, 2026
$920,000 $1,260,000 (-57.8%)
From $2,180,000 to $920,000 (-57.8%)
👁️
Showing Instructions Updated
Jul 7, 2026
New showing requirements
👁️
Showing Instructions Updated
Jul 2, 2026
New showing requirements
🏠
Listed for Sale
Jul 1, 2026
$2,180,000
Original listing
Office: Denkar Realty Group

Tax History

Year Taxes Assessment
2026 $8,467 $718,800

Financial Details

Annual Property Tax
$8,467
Tax Year 2026
Assessed Value
$718,800

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1898
Living Area 1,768 sq ft
Lot Size 0.11 acres
Bedrooms 5
Full Baths 2
Total Rooms 9

Investment Metrics

Units 2
Unit 1 Rent $1,850/mo · Y
Unit 2 Rent $2,000/mo · Y
Total Monthly Rent $3,850/mo
Gross Income $46,200
Net Operating Income $46,200
Cap Rate 5.44%
Heating None
Cooling None
Flooring Wood, Tile, Laminate, Hardwood
Appliances Range, Refrigerator
Fireplace None
Basement Full
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Off Street, Deeded, Paved
Total Spaces 5
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,467
Assessed Value $718,800
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures This Property May Be Purchased Together With 245-247 Newport Ave For A Combined Price Of $2.18m, See Mls#73544008. Buyers To Pay Buyer Agent Broker Fee. Properties Sold As-is. Seller Never Lives In The Property, Makes No Warranty Or Representation. Buyer Or Buyer Agent To Do Due Diligence.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Norfolk
Total market time (incl. prior listings) 25 days

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1898
Bedrooms
5
Full Bathrooms
2
Living Area
1,768 sq ft
Total Rooms
9
Stories
2
Levels
2

Floor Layout

Interior Features

Flooring: Wood, Tile, Laminate, Hardwood
Appliances: Range, Refrigerator
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1898
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Granite
Stories: 2

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 5
Parking Features: Off Street, Deeded, Paved

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $706
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

251 Newport Ave, Quincy MA 02170

Quincy, MA 02170

Listing Information

Listing Agent Christine Xie
Listing Office Denkar Realty Group
Office Phone 617-792-7871
Agent MLS ID CN208095
Office MLS ID AC0429
Listing Data Updated Jul 26, 2026 3:06 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
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