There are multiple listings for this address:

262 Adams St

Newton, MA, 02458

$1,999,999

Beds

0 Baths

4,500 SqFt

0.09 Acres

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.

Property Details

Price:

$1,999,999

MLS #:

73380153

Status:

Active

Beds:

Baths:

Address:

262 Adams St

Type:

Commercial

Subtype:

5-9 Family

Neighborhood:

Nonantum

City:

Newton

Listed Date:

May 27, 2025

State:

Finished Sq Ft:

4,500

Total Sq Ft:

4,500

ZIP:

02458

Lot Size:

4,069 sqft / 0.09 acres (approx)

Year Built:

1920

Schools

Elementary School:

Lincoln-Eliot

Middle School:

Bigelow

High School:

Newton North

Interior

Exterior

Parking Spots

Roof

Asphalt/ Composition Shingles

Financial

Tax Year

2025

Taxes

$24,365

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Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

pegasusrealtyma@gmail.com

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Courtesy of Shilalis Real Estate. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Rover IDX

262 Adams St

Newton, MA

262 Adams St

Newton, MA, 02458

$1,999,999

10 Beds

5 Baths

4,500 SqFt

0.09 Acres