289 North Ave Abington — Photo 1 of 25
$2,399,000
Investment Analysis — 289 North Ave
Abington, MA 02351
Based on rent reported on the MLS listing, a 8-unit multi-family in 02351 carries $13,895/mo in gross rent — about a 4.40% cap rate and $105,470/yr in estimated NOI at the $2,399,000 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
8
SqFt
5,571
Style
5-9 Family
Built
2009
Rare opportunity to purchase modern 8 unit apartment building all one bedroom units with off street parking. This mint building, built by its current owner, is a turn-key solid investment opportunity. Each unit is nicely finished with hardwood floors, granite counters, recessed lights, central air and separate utilities. Convenient Route 18 location has resulted in a strong rental history. Just minutes to shopping, restaurants, schools and commuter rail.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat
Geography
Listing Agent: Tom Mcfarland
Listing Office: RE/MAX Realty Pros
MLS® Number: 73572546
