Off Market
262 Adams St, Newton, MA
Newton · MA 02458
- $1,999,999
- Price
- 10
- Beds
- 5
- Baths
- 4500
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1920
Units:
5 Units
Lot size:
4,069 Sq.Ft Lot
Price per square foot:
$444 / Sq.Ft
Parking:
3 Off Street Spaces
About this home
Fully-tenanted mixed-use corner portfolio consisting of 262 Adams St and 40 Middle St-two separate buildings situated on one lot-offering an exceptional opportunity in Newton's BU2 zoning district. The portfolio includes four residential units and one commercial office space, with gross rental income of $11,650/month. There is potential to expand into a sixth residential unit, subject to city approvals. The commercial tenant is leased through August 2027, while all residential units are Tenant-at-Will, providing flexibility for future rent adjustments or repositioning. All current rents are well below market, offering considerable upside. The properties feature Queen Anne Colonial and Victorian architecture, separate utilities, off-street parking, and close proximity to the Mass Pike, Rt. 95, Whole Foods, YMCA, and public transit-ideal for investors, 1031 exchange buyers, long-term hold strategies, or future development opportunities.
Neighborhood & Transit
262 Adams St, Newton · MA 02458
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Newtonville Commuter Rail 1 route 0.37 mi
- Framingham/Worcester Line
Price Insight
- Days on Market:
- 513 days
- Listing Price:
- $1,999,999
- Price per Sq.Ft:
- $444
- Tax Assessment:
- $1,327,700 in 2025
- Taxes:
- $2,030 / Monthly
Home Facts
Interior Features
- Bedrooms
- 10
- Full Bathrooms
- 5
- Half Bathrooms
- 0
- Living Area
- 4,500 Sq.Ft
- Broker Disclosure about Living Area
- Living area is approximate and based on public record. Buyer and agent to verify independently.
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 4500
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 4,069 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 3 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl, Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Ethan Piani-Hohmann
- Listing office
- Shilalis Real Estate
- MLS PIN #
- 73383953
- Disclosure
- Seller has never occupied the property and makes no representations or warranties. Buyer and buyer’s agent to perform all due diligence. Property sold as-is. Do not disturb tenants. Showings by appointment only.
- Disclosure
- Living area is approximate and based on public record. Buyer and agent to verify independently.
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