$1,600,000 ($214.36 per sqft)

Est. Mortgage $7,572/mo *

Quick Pre-Approval

16-18 North Summer St, Adams, MA, 01220

16-18 North Summer St, Adams, MA, 01220

18 beds

9 Full baths

1900

Colonial, Row House

7,464 sqft

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. 16 & 18 North Summer Street features 9 fully renovated units! These two bedroom apartments offer well designed living spaces. The result is a turnkey component with strong, healthy rental income already in place. The property includes a mix of garden style and townhouse style units, appealing to a variety of tenants, and offers the added convenience of off-street parking. Ideally located near downtown Adams and the Ashuwillticook Rail Trail, residents enjoy easy access to local dining, shopping, and outdoor recreation. Just minutes away from cultural destinations including Mass MoCA and The Clark Art Institute, as well as Mount Greylock State Reservation, Greylock Glen, and the Thunderbolt Ski Trail, offering year round lifestyle appeal in the Berkshires.


Status:

Active

Type:

Multi-family

Laundry Remarks:

In Basement, In Unit

Units:

0

Zoning:

Multi

Heating:

Electric, Hot Water, Boiler

Basement:

Dirt Floor, Unfinished, Concrete Floor, Interior Access, Exterior Entrance

Parking:

Off Street

Lot Size:

100x162x98x165

Acreage:

0.37

Est. Taxes:

$7,522

Construction

Wood Frame, Brick, Vinyl

Utilities

Cable Available

View Description:

Distant, Hill/Mountain, Scenic, Seasonal

Amenities:

Lighting, Public Transportation within 1/2 Mile, Cable Avail

Elementary School:

Hoosac Valley Elementary

Middle School:

Hoosac Valley Middle & High School

High School:

Hoosac Valley Middle & High School

Days on Market:

11

Appliances:

Refrigerator, Range, Microwave

MLS #:

249194


Community Info

School Info

Walk Score

Mass Transit

Yelp

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