245-247 Newport Ave
$1,330,000
7
Beds
4
Baths
3,305
Sqft
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$1,330,000
7
Beds
4
Baths
3,305
Living Area
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Property Description
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.
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Highlights
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1900
- Parking Spots: 5
- Property Type: 4 Family
- Total Rooms: 20
- Status: Active
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Granite
- Interior Features: Living Room, Kitchen, Sunroom
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
- Basement: Full, Partially Finished
- Flooring: Wood, Tile, Vinyl, Laminate, Hardwood
- Foundation Area: 1366
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Busb
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, Private School, Public School, T-Station
- Parking Features: Paved Drive, Off Street, Deeded, Paved
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $925,500
- Taxes: $10,902
- Tax Year: 2026
- Total Rent: $8,000
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Denkar Realty Group.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.