Income producing Northampton multi-family offers a solid, stable rental history with impressive room for growth. Very little exterior space to maintain. Walkable to downtown. Covenient to major routes, highways, cafes, shops, bike path, Smith College and bus routes. Easy access to Hadley, Amherst, Easthampton, Holyoke. 4 one level units on 2 floors plus a huge bonus space on the 3rd fl with multiple finished rooms & 2 bathrooms that a new owner can explore converting for maximizing income. Uses might incl studio space, home offices, or expansion of current units. Full basement w/ laundry hook-ups, updated elec panels, replacement windows, newer heating systems. Current rents include trash/snow removal. Most utilities separate. This property produces income today even with rents that appear to be under market. The additional advantage of untapped potential for increased value makes this is a golden opportunity for both savvy investors and future owner-occupant buyers.
5,588 Sq Ft
4,500 Sq Ft Exterior Space
Investment
$8,688 Annual Tax
Built in 1915
MLS/Listing ID 73365698
4 Stories
4 Units
Refrigerator
Range
Vinyl
Tile
Natural Wood
Rain Gutters
Construction - Frame
Community - University
Community - Public School
Community - Private School
Community - Highway Access
Community - Bike Path
Community - Laundromat
Community - Medical Facility
Community - Walk/Jog Trails
Community - Park
Community - Shopping
Community - Public Transportation
Carpet
Stone
Brick Mortar
Irregular
Lot - Corner Lot
Porch
Screened
Shingle
Insulated Windows
Listing Courtesy of DELAP REAL ESTATE LLC, ANDREA C. KWAPIEN - 413-559-7175
Source of Data: MLS PROPERTY INFORMATION NETWORK
TOTAL MONTHLY COST
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