16 & 18 North Summer St, Adams, MA (MLS# 249392)

16 & 18 North Summer St, Adams, MA

New Listing

$1,499,000

Property Type: Business Opportunity Baths: 9 Square Footage: 7,464 Status: Active

Current Price: $1,499,000 List Date: 5/04/2026 Last Modified: 5/04/2026

Overview

Description

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.

Supplements: 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 convenien ... (Read more)

Listing Details MLS# 249392

Location, Tax & Legal

Registry: North Registry
Street #: 16 & 18
Street Name: North Summer
Street Ext: St
State/Province: MA
Map Ref: ADAM M:1120 B:0000 L:00980
Assess Amt: 442200
Assessed Year: 2025
Page: 710

Contract Information

Original List Price: 1499000
Limited Service: No
Agent Interest: None

General Property Description

Total # Bedrooms: 18
Total # Suites: 9
Realtor.COM Type: Commercial
Total Full Baths: 9
Total Bathrooms: 9
Parking Spaces Type: Off Street
Surveillance: Yes
Sq Ft Liv Apx: 7464
Base Incl Sq Ft: No
Sq Ft Source: Assessor

Status Change Info

Status Change Date: 2026-05-04

Building Info

Electric Meter #: 9
Heating System #: 9
Hot Water System #: 9

Remarks & Misc

Additional Disclosures: 16 NORTH SUMMER ST - 6 units 2 bed/1 ba 4 rooms each Roof 2024/2025 Water Heater 2025 Boiler 2025 Appliances 2025 New Windows 2025 Dumpster in parking area is rented Quarts Countertop Electric Heat - baseboard 18 NORTH SUMMER ST - 3 townhouses 2 bed/1 ba 4 rooms each washer/dryer hook-ups units Appliances 2024 Gas Heat On Demand Hot Water
Directions: Hoosac Street to North Summer Street
Marketing/Headline: Turnkey & Valuable Investment Opportunity - Two Buildings, Nine Units!

More Information

Basement

Full: Yes
Interior Access: Yes
Unfinished: Yes
Walkout: Yes

Fuel

Electric: Yes
Nat Gas: Yes

Hot Water

Electric: Yes
Nat Gas: Yes

Internet Service

Cable Available: Yes

Business Type

Other: Yes
Rental: Yes

Features

Other: Yes

Right to Farm Comm

Yes: Yes

Sewer

Public: Yes

Water Access

Public: Yes

Electric Type

100 Amp: Yes

Construction

Wood Frame: Yes

Roof

Asphalt: Yes

Heat/Cool

Electric: Yes
Hot Water: Yes

Zoning

Multi: Yes
Residential: Yes

Insulation

Unknown: Yes

Seller Disc

No: Yes

Possession

Close Of Escrow: Yes

Property Features

Business Type: Other; Rental Features: Other Sewer: Public Water Access: Public Right to Farm Comm: Yes Internet Service: Cable Available Electric Type: 100 Amp Construction: Wood Frame Roof: Asphalt Basement: Full; Interior Access; Unfinished; Walkout Fuel: Electric; Nat Gas Hot Water: Electric; Nat Gas Insulation: Unknown Zoning: Multi; Residential Seller Disc: No Possession: Close Of Escrow

Listing Office: WILLIAM PITT SOTHEBY'S - LENOX

Listing Agent: Carrie Lobovits Wright

Last Updated: May - 04 - 2026

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