Turnkey 7-Unit Townhouse
1148 Bedford Street Abington, MA 02351
1148 Bedford Street, Abington, MA, 02351
$2,649,000
For Sale
$2,649,000
Meticulously maintained 7-unit townhouse building with garages under.
Property Size5,254 SF
Price / SF$504.19
Days on Market133
Property Features for 1148 Bedford Street
General Information
- Standard status
- Active
- Size
- 5,254 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 2016
Listing Agency
RE/MAX Realty Pros
Listed by
Tom McFarland
Source
Eganrealtygroup
Added: Mar 6 Checked: Jul 17 at 6:06 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Realty Pros
Investment Insights
Based on property information with market context.
This is a 7-unit townhouse building featuring garages under. The modern building has been meticulously maintained. The three-level, one-bedroom townhouse units have a solid rental history and feature hardwood floors, granite countertops, stainless appliances, and in-unit laundry. Each unit has its own one-car garage, and the site offers ample additional off-street parking. The property size is 5254 square feet. The building can continue to operate as rentals or be converted to condominiums.
Key Highlights
- Turnkey 7‑unit townhouse building: Ready for immediate operation.
- Garages under each unit: Provides secure, private parking.
- Modern building built in 2016.
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Meticulously maintained 7-unit townhouse building with garages under.
Where is this apartment building located?
The property is located at 1148 Bedford Street 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: Turnkey 7‑unit townhouse building: Ready for immediate operation.; Garages under each unit: Provides secure, private parking.; Modern building built in 2016.
