Sold!
$1,352,000
8
Beds
7
Baths
6,541
Living Area
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Property Description
Exceptionally maintained 7-unit multi-family property located in the heart of Northampton. This income-producing gem boasts an excellent rental history with easy access to downtown Northampton, Smith College, the rail trail, train station, and major highways. Your tenants will enjoy close proximity to the vibrant downtown center's shopping, restaurants, and nightlife. Many recent updates include roof replacement, vinyl siding, exterior egresses and fire detection system plus whole house weatherization through Mass Save. 6 of the 7 gas furnaces have been updated within the last 8 years. The property features six 1-bedroom units and one 2-bedroom unit, off-street parking, separate utilities, and gas heat. Many units showcase hardwood flooring with updated kitchens and baths throughout. This well-positioned investment property offers both strong cash flow potential and the lifestyle amenities that keep tenants happy and lease renewals high. Pre-approved buyers only.
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Highlights
- Heating: Forced Air, Natural Gas, Individual
- Parking Spots: 5
- Property Type: 5-9 Family
- Total Rooms: 27
- Status: Closed
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Stone
- Lot Features: Level, Other
- Roof: Shingle
- Total Number of Units: 7
- Year Built Source: Public Records
- Basement: Full, Interior Entry, Bulkhead, Dirt Floor, Unfinished
- Flooring: Wood, Vinyl, Carpet, Varies, Hardwood
- Interior Features: Bathroom With Tub & Shower, Other, Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Urb
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
- Parking Features: Off Street, Unpaved
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Utilities
- Electric: Circuit Breakers, Individually Metered, Varies per Unit, Other (See Remarks)
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $721,800
- Tax Year: 2025
- Total Rent: $9,675
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $10,055
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Listing information provided courtesy of Happy Valley Realty Group, LLC.
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