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

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 convenience of off-street parking. Ideally located near downtown Adams and the Ashuwillticook Rail Trail, residents enjoy easy access to local dining, shopping, and outdoor recreation. Just minutes away from cultural destinations including Mass MoCA and The Clark Art Institute, as well as Mount Greylock State Reservation, Greylock Glen, and the Thunderbolt Ski Trail, offering year round lifestyle appeal in the Berkshires.

More Information MLS# 249392

Contract Information

Original List Price: 1499000 Limited Service: No Agent Interest: None Current Price: $1,499,000 Status: Active List Date: 2026-04-16 List Price: $1,499,000

Location, Tax & Legal

Assess Amt: 442200 Assessed Year: 2025 Page: 710 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

General Property Description

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

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!

Basement

Full: 1 Interior Access: 1 Unfinished: 1 Walkout: 1

Fuel

Electric: 1 Nat Gas: 1

Hot Water

Electric: 1 Nat Gas: 1

Internet Service

Cable Available: 1

Business Type

Other: 1 Rental: 1

Features

Other: 1

Right to Farm Comm

Yes: 1

Sewer

Public: 1

Building Info

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

Water Access

Public: 1

Electric Type

100 Amp: 1

Construction

Wood Frame: 1

Roof

Asphalt: 1

Heat/Cool

Electric: 1 Hot Water: 1

Zoning

Multi: 1 Residential: 1

Insulation

Unknown: 1

Seller Disc

No: 1

Possession

Close Of Escrow: 1

Status Change Info

Status Change Date: 2026-05-04

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
Information from the Berkshire County Board of Realtors, Inc. or it's Multiple Listing Service. Site contains live data. Information herein believed to be accurate, but not warranted. All right, title and interest in the exclusively listed property information represented on this website was created, maintained and copyrighted by the Berkshire County Board of Realtors® and in copyrights therein, hall at all times remain vested in the Berkshire County Board of Realtors®. As a Participant of theBerkshire County Multiple Listing Service, this company was granted a lease to use this information in accordance with all rules and regulations of the Service. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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