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262 Adams St

Newton, MA 02458

10 beds
5 baths
4,500 sqft
4,069 sqft lot
$444 per sqft
1920 build
– on site

Fully-tenanted mixed-use corner portfolio consisting of 262 Adams St and 40 Middle St-two separate buildings situated on one lot-offering an exceptional opportunity in Newton's BU2 zoning district. The portfolio includes four residential units and one commercial office space, with gross rental income of $11,650/month. There is potential to expand into a sixth residential unit, subject to city approvals. The commercial tenant is leased through August 2027, while all residential units are Tenant-at-Will, providing flexibility for future rent adjustments or repositioning. All current rents are well below market, offering considerable upside. The properties feature Queen Anne Colonial and Victorian architecture, separate utilities, off-street parking, and close proximity to the Mass Pike, Rt. 95, Whole Foods, YMCA, and public transit-ideal for investors, 1031 exchange buyers, long-term hold strategies, or future development opportunities.

Listing courtesy of MLSPIN / Ethan Piani-Hohmann / Shilalis Real Estate

Last checked: Checking… • Last updated Jun 6, 2025 •

MLS# 73383953 —

The Building

Year Built:

1920
Year Built Details:

Actual
Year Built Source:

Public Records
Construction Materials:

Brick
Roof:

Asphalt/Composition Shingles
Basement:

Bulkhead
Foundation Details:

Brick/Mortar
Levels:

9
Stories Total:

9
Stories:

9
# of Units Total:

5
Building Area Total:

4500
Building Area Units:

Square Feet
Building Area Source:

Other

Interior

Rooms Total:

24
Fireplace:

false

Room Dimensions

Living Area:

4500
Living Area Source:

Other

Location

Directions:

GPS Friendly.
Latitude:

42.356768
Longitude:

-71.197972

The Property

Parcel Number:

682399
Property Type:

Residential Income
Property Subtype:

5-9 Family
Lot Features:

Corner Lot
Lot Size Units:

Acres
Lot Size Area:

0.09
Lot Size SqFt:

4069
Lot Size Acres:

0.09
Zoning:

BU2
Exclusions:

Tenant Belongings And Any Appliances Or Fixtures Not Owned By The Seller.
Waterfront:

false
Farm Land Area Units:

Square Feet

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Book Number:

45815
Tax Annual Amount:

24365
Tax Assessed Value:

1327700

Beds

Bedrooms Total:

10

Baths

Total Baths:

5
Total Baths:

5
Full Baths:

5

The Listing

Home Warranty:

false
Sub Agency Relationship Offered:

No

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary School:

Lincoln-Eliot
Middle Or Junior School:

Bigelow
High School:

Newton North

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

false
Parking Total:

3
Parking Features:

Off Street

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
6/2/25 Jun 2, 2025	Listed / Active	MLSPIN	$1,999,999
6/26/24 Jun 26, 2024	Price Changed	MLSPIN
5/21/24 May 21, 2024	Listed / Active	MLSPIN

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This multifamily located in Nonantum, Newton, MA 02458 is currently for sale for $1,999,999. 262 Adams St is a 4,500 square foot multifamily with 10 beds and 5 baths that has been on Estately for 13 days. 262 Adams St is in the Nonantum neighborhood of Newton and has a WalkScore® of 88, making it very walkable. This multifamily is in the attendance area of Lincoln-Eliot Elementary School and Bigelow Middle School.

Listing Courtesy of: MLSPIN and Shilalis Real Estate.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.