Sold!
$695,000
4
Beds
4
Baths
2,792
Living Area
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Property Description
Turn-key 4-unit property in Northampton, nicely maintained with a strong rental history. Excellent opportunity for investors desiring great income now with growth potential. Separately metered utilities, ample off-street parking, vinyl siding, walk-out basement w/ coin-op laundry, separate entrances, updated electrical incl. owners panel, updated kitchens/baths, replacement windows, new walkways are just some of the perks this property has to offer. All four 1 bed/1 bath units have month-to-month tenancies. Some rents are below market rate. Conveniently located between Northampton & Florence downtowns. Close to the high school, Child’s Park, hospital, bike path, bus route, shopping, highway access. A hidden gem found at the end of Federal St is the lovely Mill River Trail, a scenic path leading to the Botanic Garden at Smith College. Low maintenance + solid rental income + strategic location = an income producing property that is a must see!
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Highlights
- Area: Florence
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1900
- Heating: Central, Forced Air, Natural Gas, Baseboard
- Parking Spots: 6
- Property Type: 4 Family
- Total Rooms: 16
- Status: Closed
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Additional Details
- Appliances: Washer, Dryer, Range, Dishwasher, Refrigerator
- Construction: Frame
- Flooring: Wood, Vinyl, Carpet, Laminate
- Interior Features: Pantry, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Other, Upgraded Cabinets, Upgraded Countertops, Living Room, Kitchen, Laundry Room, Living RM/Dining RM Combo
- Road Frontage Type: Public
- SqFt Source: Appraiser
- Year Built Details: Approximate
- Zoning: Urb
- Basement: Full, Partial, Crawl Space, Walk-Out Access, Interior Entry, Bulkhead, Unfinished
- Exterior Features: Rain Gutters, Other
- Foundation: Concrete Perimeter, Stone, Brick/Mortar, Irregular
- Lot Features: Corner Lot
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, Private School, Public School, University, Other
- Parking Features: Off Street, Common, Paved
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Utilities
- Electric: Circuit Breakers, Individually Metered, Other (See Remarks)
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $487,000
- Tax Year: 2024
- Total Rent: $5,150
- Rental Fee Includes: Unit 1(Water, Other (See Remarks)), Unit 2(Water, Other (See Remarks)), Unit 3(Water, Other (See Remarks)), Unit 4(Water, Other (See Remarks))
- Taxes: $6,783
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