Mixed-Parcel Multifamily
For Sale
$1,899,999
Pending
82 & 84 Railroad St., Abington, MA 02351
MULTI_FAMILY - Abington, MA
Property Size7,232 SF
Lot Size0.63 Acres
Days on Market62
Property Features for 82 & 84 Railroad St.
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RES/COM
Bedrooms
10
Bathrooms
7
Full bathrooms
7
Rooms
Bathroom 4, Bathroom 7, Bedroom 10, Bedroom 5, Bedroom 8, Bathroom 3, Bedroom 7, Bathroom 6, Bedroom 6, Bedroom 3, Bathroom 5, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 9, Bathroom 1
Parking
16
Directions
GPS
Standard status
Pending
APN
Lot at 0 North Ave included
Size
7,232 SF
Lot size
0.63 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
21279
Building Details
Year built
1900
Floors in Building
5
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 31
Changed: Jul 29
Last Checked: Jul 31 at 9:06AM
MLS# 73527211
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 offering includes a six-unit apartment building, a single-family ranch-style home, and a vacant lot, all listed as separate parcels with individual deeds and separate tax bills. The six-unit building was completely rebuilt in 2003 and includes three two-bedroom units and three one-bedroom units, each with separate utilities. The single-family home is a one-bedroom ranch on its own lot.
The properties are located within the Central Business District under RES/COM zoning and include addresses at 82 & 84 Railroad St. In addition, the vacant lot is identified as 0 North Ave.
The six-unit building and the single-family ranch are included as part of the same multi-parcel sale, along with the vacant lot that fronts on North Ave.
The properties are located within the Central Business District under RES/COM zoning and include addresses at 82 & 84 Railroad St. In addition, the vacant lot is identified as 0 North Ave.
The six-unit building and the single-family ranch are included as part of the same multi-parcel sale, along with the vacant lot that fronts on North Ave.
Key Highlights
- Investment package includes a six‑unit apartment building, a single‑family home, and a vacant lot, all on separate deeds and with separate tax bills
- Six‑unit building completely rebuilt in 2003 (former movie theatre) with 3 two‑bedroom units and 3 one‑bedroom units, each with separate utilities
- Single‑family ranch‑style one‑bedroom home on its own lot (82 Railroad St is the 6‑unit property; 84 Railroad Street is the home)
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 | $217.0k | $30.00 |
| − Vacancy | −$12.1k | −$1.68 |
| EGI | $204.8k | $28.32 |
| − OpEx | −$92.2k | −$12.74 |
| NOI | $112.6k | $15.58 |
7,232 SF · lease $30.00/SF/yr · vacancy 5.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.61M
$1.41M – $1.88M
NOI $112,646 @ 7.0% cap · market cap 5.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.28M
$3.75M – $4.99M
NOI $299,692 @ 7.0% cap · market cap 15.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
291
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 - For sale multi-family package includes a six-unit building, a single-family ranch home, and a vacant lot.
Where is this apartment building located?
The property is located at 82 & 84 Railroad St. Abington, MA.
What is the asking price?
The asking price for this property is $1,899,999.
What are key features of this property?
This property features: Investment package includes a six‑unit apartment building, a single‑family home, and a vacant lot, all on separate deeds and with separate tax bills; Six‑unit building completely rebuilt in 2003 (former movie theatre) with 3 two‑bedroom units and 3 one‑bedroom units, each with separate utilities; Single‑family ranch‑style one‑bedroom home on its own lot (82 Railroad St is the 6‑unit property; 84 Railroad Street is the home)
