387 Washington St, Quincy MA 02169
Quincy, MA 02169
$1,550,000
Est. $9,568/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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Open House Schedule
11
Oct
Sunday, October 11
11:00 AM - 12:30 PM EDT
About this home
Unique Mixed-Use Investment Opportunity in Quincy! Welcome to 387 Washington Street, a versatile mixed-use property offering an exceptional combination of residential and commercial space. The property features a **three-family residence with a total of 7 bedrooms and 3 bathrooms**, along with **two commercial storefronts**, creating multiple potential income streams under one ownership.Ideal for an investor, business owner, or entrepreneur looking to operate a business while having residential units just steps away. The combination of commercial frontage and multi-family living offers tremendous flexibility and value-add potential.Conveniently located in Quincy with access to major routes, public transportation, shopping, restaurants, and area amenities. Whether you're looking to expand your investment portfolio, establish a business location, or reposition the property for its next chapter, **387 Washington Street presents a truly unique opportunity. The Commercial space is listed as MLS 73587651
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Oct 7, 2026
$1,550,000
Original listing
Office: William Raveis R.E. & Home Services
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/07/2026 | 🏠 Listed for Sale | $1,550,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $18,363 | $984,800 |
Financial Details
Annual Property Tax
$18,363
Tax Year 2026
Assessed Value
$984,800
Facts & Features
2 Car Garage
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1940
Living Area
3,465 sq ft
Lot Size
0.23 acres
Stories
5
Bedrooms
7
Full Baths
3
Total Rooms
17
Investment Metrics
Units
3
Unit 1 Rent
$2,000/mo · N
Unit 2 Rent
$2,000/mo · N
Unit 3 Rent
$2,500/mo
Total Monthly Rent
$6,500/mo
Gross Income
$78,000
Net Operating Income
$78,000
Cap Rate
5.03%
Interior
Heating
Natural Gas, Oil
Cooling
Window Unit(s)
Flooring
Vinyl, Hardwood
Appliances
Range, Dishwasher, Refrigerator
Fireplace
None
Basement
Unfinished
Laundry
None
Features
Living Room, Kitchen, Dining Room, Family Room
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck
Parking
Garage Spaces
2
Has Garage
Yes
Features
Paved Drive, Off Street
Total Spaces
8
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$18,363
Assessed Value
$984,800
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
All Info Should Be Verified By Buyer/buyers Agent Prior To Submitting An Offer. Property Consists Of A 3-family And 2 Commercial Storefronts (sf For Commercial Is 1700 And Is Not Included On This Listing).
Exclusions
Tenants Personal Property
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
House Color
White
Sq Ft Source
Measured
Sq Ft Disclosures
Room sizes are approximate and should be verified by buyer prior to submitting an offer.
Documents
None
County
Norfolk
Property Overview
Property Type
3 Family
Listing Type
For Sale
Year Built
1940
Bedrooms
7
Full Bathrooms
3
Living Area
3,465 sq ft
Total Rooms
17
Stories
5
Levels
5
Floor Layout
Interior Features
Flooring:
Vinyl, Hardwood
Appliances:
Range, Dishwasher, Refrigerator
Interior Features:
Living Room, Kitchen, Dining Room, Family Room
Windows:
Screens
Basement:
Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1940
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Concrete Perimeter, Block
Stories:
5
Heating, Cooling & Utilities
Heating:
Natural Gas, Oil
Cooling:
Window Unit(s)
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters
Patio & Porch:
Deck
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Garage Spaces:
2
Total Parking Spaces:
8
Parking Features:
Paved Drive, Off Street
Nearby Schools
School District
Quincy School District local
B+
School Safety
2024-25
2.3%
Average
2.1%
Suspensions
1.2%
In-School
0.2%
Emergency
3.2% below state avg
Elementary Schools
10 schools
Dr. Rick DeCristofaro Learning Center
1.6 mi
251 students
Very Diverse
Diverse Student Body
Grades PK-08
Quincy Catholic Academy
2.7 mi
Grades PK-08
C+
Snug Harbor Community School
1.1 mi
|
#564 of 825
|
Score: 42.6
Improved 189 spots from last year
-15.7 below state avg
357 students
Very Diverse
Rising School
Diverse Student Body
Grades PK-05
B+
Merrymount School
1.2 mi
|
#253 of 825
|
Score: 52.2
Improved 58 spots from last year
-6 below state avg
304 students
Diverse
Rising School
Strong Attendance
Grades K-05
B+
Lincoln-Hancock Community School
1.4 mi
|
#295 of 825
|
Score: 51.0
Improved 254 spots from last year
-7.2 below state avg
508 students
Very Diverse
Rising School
Diverse Student Body
Grades K-04
A
Beechwood Knoll Elementary School
1.7 mi
|
#141 of 825
|
Score: 57.3
Improved 156 spots from last year
-0.9 below state avg
317 students
Diverse
Rising School
Strong Attendance
Grades K-05
B
Charles A Bernazzani Elementary School
1.9 mi
|
#415 of 825
|
Score: 47.3
Dropped 137 spots from last year
-10.9 below state avg
340 students
Diverse
Diverse Student Body
Strong Attendance
Grades K-05
C+
Atherton Hough School
1.9 mi
|
#509 of 825
|
Score: 44.5
Improved 193 spots from last year
-13.7 below state avg
243 students
Diverse
Rising School
Grades K-05
A
Wollaston School
2.1 mi
|
#114 of 825
|
Score: 58.5
Dropped 77 spots from last year
+0.3 above state avg
324 students
Diverse
Strong Attendance
Grades K-05
B+
Francis W Parker School
2.6 mi
|
#255 of 825
|
Score: 52.2
Improved 84 spots from last year
-6 below state avg
345 students
Diverse
Rising School
Strong Attendance
Grades K-05
Middle Schools
5 schools
C+
Point Webster Middle School
0.3 mi
|
#239 of 352
|
Score: 37.1
Dropped 34 spots from last year
-21.1 below state avg
399 students
Very Diverse
Diverse Student Body
Grades 05-08
B
South West Middle School
1.6 mi
|
#177 of 352
|
Score: 42.2
Improved 60 spots from last year
-16 below state avg
444 students
Very Diverse
Rising School
Diverse Student Body
Grades 05-08
C+
Broad Meadows Middle School
0.8 mi
|
#241 of 352
|
Score: 37.1
Dropped 45 spots from last year
-21.2 below state avg
332 students
Diverse
Diverse Student Body
Grades 06-08
B+
Atlantic Middle School
2.8 mi
|
#124 of 352
|
Score: 47.1
Dropped 10 spots from last year
-11.1 below state avg
574 students
Diverse
Strong Attendance
Grades 06-08
A
Central Middle School
3.6 mi
|
#51 of 352
|
Score: 56.6
Improved 5 spots from last year
-1.6 below state avg
650 students
Diverse
Diverse Student Body
Strong Attendance
Grades 06-08
High Schools
3 schools
Woodward School for Girls
1.1 mi
Grades 06-12
B-
Quincy High School
0.8 mi
|
#187 of 346
|
Score: 53.2
Improved 73 spots from last year
-5 below state avg
1,493 students
Very Diverse
19 sports
• 1,288 athletes
Strong AP Program
Early College Program
High Graduation Rate
Rising School
Grades 09-12
B+
North Quincy High School
3.0 mi
|
#112 of 346
|
Score: 59.6
Improved 103 spots from last year
+1.3 above state avg
1,505 students
Diverse
20 sports
• 1,516 athletes
Strong AP Program
Early College Program
High Graduation Rate
Rising School
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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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
$1,530
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
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Current Rate
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+0.5% Rate
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Payment Over Time
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
387 Washington St, Quincy MA 02169
Quincy, MA 02169
Listing Information
Listing Agent
Red Giovanucci
Listing Office
William Raveis R.E. & Home Services
Office Phone
781-837-5600
Agent MLS ID
CN202385
Office MLS ID
AN8311
Listing Data Updated
Oct 7, 2026 10:59 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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