Abington Multifamily Investment
82 & 84 Railroad St., Abington, MA 02351
New
MULTI_FAMILY - Abington, MA
Property size:
7,232 SFLot size:
0.63 AcresPrice / SF:
$276/SF- Added:
- May 31, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 2 at 5:06 am
Property Features for 82 & 84 Railroad St.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RES/COM
- Bedrooms
- 10
- Bathrooms
- 7
- Rooms
- Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 6, Bedroom 10, Bedroom 1, Bathroom 3, Bedroom 9, Bathroom 7, Bathroom 6, Bedroom 5, Bedroom 8, Bathroom 4, Bedroom 2, Bathroom 5, Bedroom 7, Bedroom 4
- Parking
- 16
- Standard status
- Active
- 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 agent John Cummings (617) 328-3200
Listing office RE/MAX Realty Pros 774 Hancock Street, Quincy, MA (617) 328-3200
Listing date May 31, 2026
MLS# 73527211
Listing URL
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.
HighLights
- Six‑unit apartment building rebuilt in 2003 with separate utilities for each unit.
- Includes a single‑family home and a vacant lot, offering diverse income potential.
- Located within the Central Business District (CBD), providing flexible zoning and usage options.
- All three parcels have separate deeds and tax bills, simplifying management and potential resale.
- The six‑unit building features a mix of (3) two‑bedroom and (3) one‑bedroom units.
- Vacant lot fronts on North Ave and is currently rented.
Overview
This unique investment property offers a value-add opportunity, featuring a six-unit apartment building, a single-family home, and a vacant lot. The six-unit building, completely rebuilt in 2003 from a former movie theatre, includes three two-bedroom units and three one-bedroom units, each with separate utilities and considerable character. The single-family home is a one-bedroom ranch style on its own lot. The vacant lot fronts on North Ave and is currently rented. All three parcels are situated within the Central Business District (CBD) zoning area. The properties, located at 82 & 84 Railroad St., Abington, MA 02351, are on separate deeds and receive separate tax bills. The combined lot size is 0.63 acres, with the apartment building having a property size of 7232 square feet. The possibilities are many for this unique offering.
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 | $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 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.28M
$3.75M – $4.99M
NOI $299,692 @ 7.0% cap · market cap 14.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Abington
- County
- Plymouth
- State
- Massachusetts
- Longitude
- -70.941952
- Latitude
- 42.128516
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Six-unit apartment, single-family home, and vacant lot for sale.
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 $1,999,999.
What are key features of this property?
This property features: Six‑unit apartment building rebuilt in 2003 with separate utilities for each unit.; Includes a single‑family home and a vacant lot, offering diverse income potential.; Located within the Central Business District (CBD), providing flexible zoning and usage options.
