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Key Details
Sold Price $565,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,798 sqft
Price per Sqft $148
MLS Listing ID 73293465
Sold Date 11/21/24
Bedrooms 6
Full Baths 5
Year Built 1925
Annual Tax Amount $5,949
Tax Year 2024
Lot Size 7,840 Sqft
Acres 0.18
Property Description
Profitable 5 family in a desirable South Hadley neighborhood! Four units are 1 bedroom 1 bathroom apartments with one 2 bedroom unit on the 3rd Floor. Roof was replaced in 2010. Coin operated washer & dryer in the basement. Separate 100amp electric meters for all units including an owner’s meter. One gas hot water tank (approx 5 years old) for the building so hot water is included in all rents. Gas boiler was installed a couple years ago & is plumbed to add an indirect water heater. Boiler provides heat for 3 units (1st Floor Left, 1st Floor Right, & 2nd Floor Front). 6 parking spaces available to tenants including a 2 car detached garage. Current owner rents a couple of the units with AirBnB while the others are longer term tenants. Please see the attached documents for an income & expense report and a full breakdown of average rental income of each unit along with what each unit’s rent includes. Don’t miss your chance to capitalize on this amazing investment opportunity!
Location
State MA
County Hampshire
Zoning RA2
Direction Corner of Newton Street & Lincoln Ave… just past South Hadley High School
Rooms
Basement Full, Bulkhead, Sump Pump, Concrete
Interior
Interior Features Laundry Room, Ceiling Fan(s), Bathroom With Tub & Shower, Pantry, Walk-In Closet(s), Bathroom with Shower Stall, Living Room, Kitchen, Living RM/Dining RM Combo
Heating Baseboard, Natural Gas, Electric
Cooling Window Unit(s)
Flooring Tile, Vinyl, Carpet, Laminate, Hardwood
Appliance Washer, Dryer, Range, Microwave, Refrigerator, Range Hood
Laundry Washer Hookup
Exterior
Exterior Feature Balcony/Deck
Garage Spaces 2.0
Community Features Public School
Utilities Available for Gas Range, for Electric Range, Washer Hookup
Roof Type Shingle
Total Parking Spaces 6
Garage Yes
Building
Lot Description Corner Lot, Level
Story 9
Foundation Block
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Eve Crampton • Berkshire Hathaway HomeServices Realty Professionals
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