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7-Unit Townhouse Apartment Building
For Sale
$2,649,000
Pending

1148 Bedford St, Abington, MA 02351

Residential Income, Abington, MA

Property Size5,254 SF
Lot Size0.38 Acres
Days on Market183

Property Features for 1148 Bedford St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RES
Bedrooms 7
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 3, Bathroom 4, Bedroom 5, Bathroom 6, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 7, Bathroom 2, Bedroom 6, Bathroom 7, Bathroom 5, Bathroom 3
Parking 21
Directions Bedford Street is Route 18
Standard status Pending
APN M:59 L:142,920742
Size 5,254 SF
Lot size 0.38 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 26877

Amenities

in-unit laundry

Building Details

Year built 2016
Number of units 7
Buildings 1
Listing Agency: RE/MAX Realty Pros · RE/MAX International
Listed By: John Cummings
Added: May 2 Changed: Oct 26 Last Checked: Oct 31 at 6:06AM
MLS# 73511666

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Constructed in 2016, this 7-unit apartment building is arranged as three-level, one-bedroom townhouse residences. The 5,254-square-foot property includes hardwood flooring, granite countertops, stainless steel appliances, and in-unit laundry. Each residence has a dedicated one-car garage, while the site also provides additional off-street parking.

The building occupies 0.3758 acres at 1148 Bedford St in Abington, Massachusetts, and carries RES zoning. Its townhouse configuration and individually assigned garage spaces provide a consistent layout across the property. The asset has been maintained by the owner and has an established rental history.

Key Highlights

  • 7‑unit apartment building with three‑level, one‑bedroom townhouse residences
  • 5,254 square feet on a 0.3758‑acre site
  • Built in 2016 with RES zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$81,836
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,636,720 $1.6M
Cap Rate 7%
$1,169,086 $1.2M
Cap Rate 9%
$909,289 $909.3K
Market Conditions
NOI Build-Up for 5,254 SF
Gross rent
$157.6K $30.00/SF
− Vacancy
−$8.8K −$1.68/SF
EGI
$148.8K $28.32/SF
− OpEx
−$67.0K −$12.74/SF
NOI
$81.8K $15.58/SF
Area
Plymouth County, MA
Vacancy
5.60%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,636,720
Cap Rate 7%
$1,169,086
Cap Rate 9%
$909,289

Alternative Uses

Best Use
Apartment 5plus
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,836 @ 7.0% cap · market cap 3.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.11M
$2.72M – $3.63M (±1% cap)
NOI $217,724 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

269
Businesses Nearby

Demographics for 02351, MA

17,085
Population
6,576
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
96%
High-School Grad
10.0 sq mi
ZIP Area
1,709
Density / Sq Mi
$119,787
Median Household Income
$61,646
Median Earnings
$1,547
Median Rent
$516,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Modern three-level apartments feature private garages, hardwood floors, granite counters, stainless appliances, and in-unit laundry.
Where is this apartment building located?
The property is located at 1148 Bedford St Abington, MA.
What is the asking price?
The asking price for this property is $2,649,000.
What are key features of this property?
This property features: 7‑unit apartment building with three‑level, one‑bedroom townhouse residences; 5,254 square feet on a 0.3758‑acre site; Built in 2016 with RES zoning
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