16 & 18 North Summer St St, Adams, MA 01220 (MLS# 249394)

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

$1,275,000

Property Type: Commercial Square Footage: 7,464 Lot Size (sq. ft.): 16,117 Status: Active

Current Price: $1,275,000 List Date: 5/04/2026 Last Modified: 9/02/2026

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# 249394

Location, Tax & Legal

Registry: North Registry
Street #: 16 & 18
Street Name: North Summer St
Street Ext: St
State/Province: MA
Postal Code: 01220
Map Ref: ADAM M:1120 B:0000 L:00980

Contract Information

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

General Property Description

Realtor.COM Type: Commercial
Sq Ft Liv Apx: 7464
Total # Bedrooms: 18
Total # Suites: 9
Parking Spaces Type: Off Street
Surveillance: Yes
Year Built Apx: 1900
Year Built Source: Assessor
Lot Square Footage: 16117
Acres Apx: 0.37
Lot Size SqFt: 16117
Sq Ft Source: Assessor
Betterment: Unknown

Status Change Info

Status Change Date: 2026-05-04

Building Info

Electric Meters #: 9
Heating Sys #: 9

Bathrooms

# Full Bath: 9

More Information

Electric Type

100 AMP (# of Units): 9

Property Features

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

Listing Office: WILLIAM PITT SOTHEBY'S - LENOX

Listing Agent: Carrie Lobovits Wright

Last Updated: September - 02 - 2026

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