240 North Ave Abington — Photo 1 of 42
$749,000
Investment Analysis — 240 North Ave
Abington, MA 02351
Based on rent reported on the MLS listing, a 2-unit multi-family in 02351 carries $5,400/mo in gross rent — about a 5.62% cap rate and $42,095/yr in estimated NOI at the $749,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,816
Style
Multi Family
Built
1899
Welcome to 240 North Avenue, a spacious two-family home in Abington offering flexibility and excellent investment potential. Each main unit features 3 bedrooms, 1 full bathroom, a spacious kitchen, and comfortable living areas. The second-floor unit is currently vacant and will be delivered vacant, offering flexibility for an owner-occupant or new tenant. A small separate office is also located with the second-floor unit.The property offers a shared laundry area for the tenants, with a washer and dryer updated in 2025. The finished third-floor space includes two additional rooms and a full bathroom and is currently occupied, offering additional flexible space.Conveniently located near schools, shopping, dining, transportation, and major routes. A great opportunity for an owner-occupant, extended living arrangement, or investor looking for a spacious multifamily property with additional finished space.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Listing Agent: Alessandra Lacerda
Listing Office: Mendes Realty
MLS® Number: 73578761
