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16-18 N Summer St 9 Unit Apartment Building $2,130,424 CAD ($236,714 CAD/Unit) Adams, MA 01220

Executive Summary
An excellent opportunity to blend immediate cash flow with long term upside in a desirable and growing area! An added advantage of this exciting property is its potential for short-term rental income, subject to local ordinances! Rare opportunity to acquire two apartment buildings totaling nine units in a convenient Adams location. These properties are thoughtfully updated throughout, with a newer roof, boilers, hot water, windows, electrical systems, and modern finishes. Kitchens are remodeled with stylish touches, including quartz countertops, newer cabinetry, and updated appliances. with stylish touches including marble countertops, new cabinetry, and updated appliances.
Property Facts
| Price | $2,130,424 CAD | Property Subtype | Apartment |
| Price Per Unit | $236,714 CAD | Building Class | B |
| Sale Type | Investment | Building Size | 7,464 SF |
| No. Units | 9 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1900 |
| Zoning | Multi/Res - Multifamily/Residential | ||
| Price | $2,130,424 CAD |
| Price Per Unit | $236,714 CAD |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Building Size | 7,464 SF |
| No. Stories | 4 |
| Year Built | 1900 |
| Zoning | Multi/Res - Multifamily/Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 9 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | ADAM-000112-000000-000098 | Improvements Assessment | $562,807 CAD |
| Land Assessment | $65,661 CAD | Total Assessment | $628,468 CAD |
Property Taxes
Parcel Number
ADAM-000112-000000-000098
Land Assessment
$65,661 CAD
Improvements Assessment
$562,807 CAD
Total Assessment
$628,468 CAD
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16-18 N Summer St
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