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Mixed-Parcel Multifamily Investment

82 & 84 Railroad St. Abington, MA 02351

82 & 84 Railroad St., Abington, MA, 02351
$1,899,999
Pending
For Sale
$1,899,999
Pending

MULTI_FAMILY - Abington, MA

Property Size7,232 SF
Lot Size0.63 Acres
Days on Market48

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 4, Bathroom 6, Bedroom 10, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 7, Bedroom 1, Bathroom 4, Bathroom 7, Bedroom 9, Bedroom 6, Bathroom 5, Bedroom 8, Bathroom 1, Bedroom 5
Parking
16
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
774 Hancock Street, Quincy, MA
Listed by John Cummings
Added: May 31 Checked: Jul 17 at 1:06 pm
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.


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.

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)

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 (±1% cap)
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 (±1% cap)
NOI $299,692 @ 7.0% cap · market cap 15.77%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Law Firm Real Estate Agency Pharmacy Hair Salon Cafe & Coffee Shop Storage Facility Locksmith Bakery Food Market (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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)
Contact an agent
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