$850,000
8
Beds
3
Baths
2,509
Living Area
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Property Description
Nestled on a quiet dead-end street in the heart of downtown Amherst, this exceptional 3-unit multi-family property presents a unique investment opportunity. Recent upgrades have enhanced the potential for increased revenue, with two additional bedrooms added to Units 1 and 2. Unit 3 features a brand-new kitchen and its own private deck, perfect for outdoor relaxation. The property also includes convenient common laundry facilities for tenants, making it an attractive option for renters. With a strong rental history and high demand in the area, this property is a must-see for investors. Perfectly located, you'll be just moments away from downtown Amherst's vibrant restaurants, shopping, and the UMass and Amherst College campuses. Don’t miss your chance to secure this fantastic opportunity! First showings Schedule your showing today! Check out 40 Kendrick Pl. as well.
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Highlights
- Cooling: Window Unit(s), None
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
- Heating: Hot Water, Oil
- Parking Spots: 9
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 14
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator
- Construction: Frame
- Fireplaces: 2
- Foundation: Stone, Brick/Mortar
- Lot Features: Cleared, Gentle Sloping
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Owner
- Basement: Full, Walk-Out Access, Interior Entry, Concrete
- Exterior Features: Balcony/Deck
- Flooring: Wood, Vinyl, Hardwood
- Interior Features: Pantry, High Speed Internet, Bathroom With Tub & Shower, Stone/Granite/Solid Counters, Upgraded Cabinets, Living Room, Kitchen, Dining Room
- Road Frontage Type: Public, Dead End
- SqFt Source: Public Record
- Year Built Details: Approximate, Renovated Since
- Zoning: Res
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Amenities
- Community Features: Public Transportation, Shopping, House of Worship, Private School, Public School, University
- Parking Features: Common, Driveway
- Covered Parking Spaces: 3
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $487,600
- Tax Year: 2024
- Total Rent: $8,200
- Rental Fee Includes: Unit 1(Heat, Water, Other (See Remarks)), Unit 2(Heat, Water, Other (See Remarks)), Unit 3(Heat, Water, Other (See Remarks))
- Taxes: $9,025
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Listing information provided courtesy of Lock and Key Realty Inc..
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