Turnkey 7-Unit Townhouse
For Sale
$2,649,000
1148 Bedford St, Abington, MA 02351
MULTI_FAMILY - Abington, MA
Property Size5,254 SF
Lot Size0.38 Acres
Price / SF$504.19
Days on Market92
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 4, Bathroom 7, Bathroom 2, Bedroom 2, Bathroom 6, Bedroom 6, Bedroom 1, Bathroom 1, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 7, Bathroom 5
Parking
21
Directions
Bedford Street is Route 18
Standard status
Active
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
Building Details
Year built
2016
Number of units
7
Listing Agency:
RE/MAX Realty Pros · RE/MAX International
(617) 328-3200
Listed By:
John Cummings
(617) 328-3200
Added: May 2
Changed: Jul 29
Last Checked: Aug 1 at 5:06PM
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.
Investment Insights
Based on property information with market context.
This is an exceptional turnkey investment opportunity featuring a rarely available 7-unit townhouse building with garages. The modern building has been meticulously maintained. These immaculate three-level, one-bedroom townhouse units have a solid rental history and feature gleaming hardwood floors, granite countertops, stainless appliances, and in-unit laundry. Each unit includes a one-car garage, and the site offers ample additional off-street parking. The property, located in Abington, MA, is zoned RES. The building has a total area of 5254 square feet and is situated on a 0.3758-acre lot. The property can continue to operate as rentals or be easily converted to condominiums for a value-add investment.
Key Highlights
- 2016‑built 7‑unit townhouse building
- Each 3‑level 1‑bedroom unit includes in‑unit laundry and stainless appliances
- Units feature hardwood floors and granite countertops
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $157.6k | $30.00 |
| − Vacancy | −$8.8k | −$1.68 |
| EGI | $148.8k | $28.32 |
| − OpEx | −$67.0k | −$12.74 |
| NOI | $81.8k | $15.58 |
5,254 SF · lease $30.00/SF/yr · vacancy 5.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.17M
$1.02M – $1.36M
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
NOI $217,724 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
293
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Meticulously maintained 7-unit townhouse building with garages in Abington, MA.
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: 2016‑built 7‑unit townhouse building; Each 3‑level 1‑bedroom unit includes in‑unit laundry and stainless appliances; Units feature hardwood floors and granite countertops
