$960,000
14
Beds
9
Baths
8,700
Living Area
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Property Description
INVESTORS TAKE NOTICE!! This well-maintained 9 unit multi-family investment property, mainly featuring 2 and 3 bedroom units and one 1 bedroom unit offers a solid investment opportunity in Holyoke! Convenient location and close to all necessary amenities! All units with lead compliance certificates. Successfully PASSED the city's 5 year multifamily property inspection in late 2024 and benefits from tenants paying their own electricity, heat and hot water, which is a huge savings to the owner as evidenced by the low expense ratio. (see proforma) Building also has a monitored fire alarm system and camera system! This property is ideal for investors seeking a reliable income stream!
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Highlights
- Levels: 4
- Property Type: 5-9 Family
- Total Rooms: 28
- Status: Closed
- Property Class: Residential Income
- Stories: 4
- Year Built: 1910
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Additional Details
- Basement: Full, Unfinished
- Foundation: Brick/Mortar
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Dr
- Construction: Frame, Brick
- Lot Features: Other
- Roof: Rubber
- Total Number of Units: 9
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Bike Path, Highway Access, Public School
- Parking Features: On Street
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $387,400
- Taxes: $7,341
- Tax Year: 2024
- Total Rent: $12,719
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Listing information provided courtesy of Lock and Key Realty Inc..
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