Four-Family Residential
338 Adams Abington, MA 02351
338 Adams, Abington, MA, 02351
$825,000
For Sale
$825,000
Well-maintained four-family building on a spacious lot with a large barn offering additional storage or workshop space.
Property Size3,473 SF
Price / SF$237.55
Days on Market191
Property Features for 338 Adams
General Information
- Standard status
- Active
- Size
- 3,473 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1776
Listing agency
Jay Nuss Realty Group,LLC
Listed by
Jay Nuss
(617) 236-0711
Source
Campionre
Added: Jan 12 Updated: Jul 21 at 8:06PM Checked: Jul 21 at 8:06PM
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 Jay Nuss Realty Group,LLC
Investment Insights
Based on property information with market context.
This well-maintained four-family residential property is set on a generous lot in Abington, offering four separate units with comfortable, functional layouts and ample natural light. The home reflects classic New England character and is positioned to support straightforward rental use.
The property includes spacious grounds for outdoor enjoyment and parking, along with a large barn on-site. The barn provides valuable additional storage and may support workshop use, and the seller notes it could be used as a two-car garage with loft.
The listing includes the ability to review pro forma details upon request with a signed confidentiality agreement.
The property includes spacious grounds for outdoor enjoyment and parking, along with a large barn on-site. The barn provides valuable additional storage and may support workshop use, and the seller notes it could be used as a two-car garage with loft.
The listing includes the ability to review pro forma details upon request with a signed confidentiality agreement.
Key Highlights
- Four‑family building at 338 Adams Street, built in 1776
- Well‑maintained property set on a spacious lot with parking and outdoor space
- Large barn on‑site offers additional storage and potential workshop/repurposing use
Local Financial Insights For Multifamily LT 5
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 | $88.6k | $25.50 |
| − Vacancy | −$4.7k | −$1.36 |
| EGI | $83.9k | $24.14 |
| − OpEx | −$25.2k | −$7.24 |
| NOI | $58.7k | $16.90 |
3,473 SF · lease $25.50/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$838.5K
$733.7K – $978.3K
NOI $58,695 @ 7.0% cap · market cap 7.11%
Second Best
Apartment 5plus
$772.8K
$676.2K – $901.6K
NOI $54,095 @ 7.0% cap · market cap 6.56%
Theoretical Best
Office A
$2.06M
$1.80M – $2.40M
NOI $143,920 @ 7.0% cap · market cap 17.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Moulton Cleaning Co
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Well-maintained four-family building on a spacious lot with a large barn offering additional storage or workshop space.
Where is this quadplex located?
The property is located at 338 Adams Abington, MA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Four‑family building at 338 Adams Street, built in 1776; Well‑maintained property set on a spacious lot with parking and outdoor space; Large barn on‑site offers additional storage and potential workshop/repurposing use
