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5 Seven Abbott St, Wellesley, MA, 02482

10beds
9baths
10,318sqft
$3,400,000
$330price/sqft
$22,676/moest. monthly cost
$907,040/yrincome needed

About This Home

Rare Investment Opportunity in the Heart of Wellesley Square! Offered for the first time in almost 80 years, this exceptional TWO BUILDING/multi-family property is a rare find in one of Metro Boston’s most desirable communities. Situated on a quiet street just steps from vibrant Wellesley Square, this unique offering includes two buildings with a total of 7/8 units, providing excellent long-term income and countless possibilities for the savvy investor or owner-occupant. Live in one unit and let the other units work for you, or hold as a high-performing rental property with significant upside. This is an excellent opportunity to own in a prime Wellesley location — enjoy restaurants, boutique shops, the Commuter Rail, Wellesley College, and the Wellesley Library. Enjoy unbeatable access to Routes 16, 9, 95, and the Mass Pike, making commuting and travel effortless. Whether you're looking to invest, convert, or plant roots in a world-class community, this property delivers!

Getting Around

90
WalkingVery Walkable
0
TransitVery Limited Transit
54
BikeBikeable

Schools

9/10
8/10
Wellesley Middle SchoolGrades 6-80.7 mi
10/10
Wellesley High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Stone
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 5-9 Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 9
  • Full bathrooms: 7
  • 1/2 bathrooms: 2

Features

  • Flooring: Vinyl,Carpet,Hardwood
  • Number of fireplaces: 2
  • Fireplace: Yes
  • Finished area above ground: 10,318

Interior Area

  • Total structure area: 10,318
  • Total interior livable area: 10,318 sqft

Property

Details

  • Parcel number: 261944
  • Zoning: c

Lot

  • Lot size: 10,228 sqft

Parking

  • Total spaces: 7
  • Parking features: Paved Drive,Shared Driveway,Off Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 7

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Hurricane
Ice Storm
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $17,192$206,304
Home Insurance *$560$6,720
Property Taxes $2,890$34,680
Electricity $2,034$24,415
Total$22,676$272,112
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$777,462/yr
40% on housing$680,280/yr
45% on housing$604,693/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$330This listing

vs Other Active Listings

Avg $/sqft

ZIP 02482$693
Norfolk County$448

vs Homes Sold Last Month

Median $/sqft

ZIP 02482$649
Norfolk County$427

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-11-25Price change$3,900,000
2025-10-20Listed for sale$4,250,000

For Sale by Agent

AgentLinda Glennon
BrokerageConway - Hanover

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