NOT LISTED FOR SALE
12 Beds
10 Baths
6,400 Sq Ft
0.33 Acres

Last Sold October 20, 2023

Last sale price $2,150,000 $336 Per Sq Ft

6 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Deck
  • Amherst Regional Middle School Rated A-
  • Solar Power System
  • Property is near public transit

About This Home

As of October 2023

A rare opportunity to purchase 10 beautifully maintained units. They are tucked away in the center of Amherst fully rented with mixture of graduate students and townspeople. The complex originally began as a 4 family in the older home with 1 and 2 bedroom apartments. (2 each). In 2012 sellers built 6 new units, all 1 bedroom, incorporating a lovely functional design with parking and grassy landscaping. All utilities are paid by tenants except heat in newer apartments. Heat is generated by solar and deficit is paid by owner @ approximately $2000/yr. In all other apartments all utilities are paid by tenant. Ample sized 1 and 2 bedrooms apartments. Many recent improvements have been made to the 4 family, new decks and windows ,slate roof renovation (2022) and brick pointing in 2021. A new driveway was installed last year. 24 hour notice Offers by 5 pm on 9/11/2023

Last Agent to Sell the Property

Ann Sutliff

William Raveis R.E. & Home Services Listed on: 09/05/2023

William Raveis R.E. & Home Services

Last Buyer's Agent

Ann Sutliff

William Raveis R.E. & Home Services Listed on: 09/05/2023

William Raveis R.E. & Home Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,421

Year Built

  • Built in 2012

Lot Details

  • 0.33 Acre Lot
  • Near Conservation Area

Home Design

  • Manufactured Home on a slab
  • Stone Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Slate Roof

Interior Spaces

  • 6,400 Sq Ft Home
  • Insulated Windows
  • Insulated Doors
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Washer and Electric Dryer Hookup

Kitchen

  • Built-In Oven
  • Freezer
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 10 Full Bathrooms

Parking

  • 16 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Wildwood Elementary School
  • ARMS Middle School
  • ARHS High School

Utilities

  • 16 Heating Zones
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $16,000
  • Rent includes unit 1(heat water), unit 2(heat water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:0014B B:0000 L:0129,3009749

Community Details

Overview

  • 10 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Community Pool
  • Park
  • Bike Trail

Building Details

  • Electric Expense $5,000
  • Insurance Expense $6,000
  • Water Sewer Expense $4,000
  • Operating Expense $40,000
  • Net Operating Income $151,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,421

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 2012
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Laminate,Hardwood
  • Interior Amenities: Unit 2(Ceiling Fans,Open Floor Plan), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Wall Oven,Disposal,Refrigerator,Freezer,Dryer), Unit 3(Range), Unit 4(Range,Refrigerator), Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 12
  • Full Bathrooms: 10
  • Total Bathrooms: 10
  • Total Bathrooms: 10
  • Laundry Features: Washer Hookup
  • Basement: Full, Slab
  • Living Area: 6400
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: M80028
  • LIST PRICE PER Sq Ft: 351.56
  • PRICE PER Sq Ft: 335.94
  • MAIN SO: M80028

Exterior Features

  • Exterior Features: Porch,Deck,Deck - Wood,Balcony
  • Construction Materials: Frame
  • Foundation Details: Stone, Slab
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck, Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle, Slate
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Guest, Driveway, Paved
  • Total Parking Spaces: 16

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Heating: Unit 1(Active Solar,Radiant), Unit 2(Active Solar)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 6
  • HEAT ZONES: 16
  • COOLING ZONES: 0
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Heat,Water), Unit 2(Heat,Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 4000

Lot Info

  • Parcel Number: M:0014B B:0000 L:0129,3009749
  • Zoning: Com
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.33
  • Lot Size Area: 0.33
  • Lot Size Sq Ft: 14300
  • Lot Size Units: Acres
  • PAGE: 4
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Generation: Solar

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 15421
  • Tax Book Number: 7919

Multi Family

  • Electric Expense: 5000
  • Gross Income: 192700
  • Insurance Expense: 6000
  • Net Operating Income: 151700
  • Number Of Units Total: 10
  • Operating Expense: 40000
  • Total Actual Rent: 16000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 2
  • FLRS 2: 2

MLS Schools

  • High School: Arhs
  • Elementary School: Wildwood
  • Middle Or Junior School: Arms

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $2,150,000 -4.4% $336 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $2,250,000 -- $352 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73155349

MLS Property Information Network (MLS PIN)

APN: AMHE M:0014B B:0000 L:0129