$605,000
SOLD JAN 10, 2025
6 Beds
3 Baths
2,776 Sq Ft
0.38 Acres

Recently Sold

$218 Per Sq Ft

1% Above List Price

5 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • 1 Fireplace
  • Amherst Regional Middle School Rated A-
  • Wood Flooring
  • Mud Room

About This Home

As of January 2025

Don’t miss this unique opportunity to acquire a multi-family property just steps from the UMass Campus, boasting a solid rental history. The first-floor unit features convenient one-level living, complete with a laundry area, updated kitchen, dining space, living room, and three generously sized bedrooms. The second-floor unit offers a charming layout with a cozy bedroom and bath, plus another bedroom on the upper level and a private additional bedroom downstairs. Ideally situated near all that Amherst has to offer, this property is a fantastic investment opportunity! *** Offer deadline is Monday 10/14/24 @ 3PM***

Last Agent to Sell the Property

Stiles & Dunn

William Raveis R.E. & Home Services Listed on: 10/09/2024

William Raveis R.E. & Home Services

Last Buyer's Agent

Irene Bercume

Competitive Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,085

Year Built

  • Built in 1938

Lot Details

  • 0.38 Acre Lot
  • Property fronts an easement
  • Gentle Sloping Lot
  • Cleared Lot

Parking

  • 4 Car Parking Spaces

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,776 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Mud Room
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Schools

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

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Heating System Uses Oil
  • High Speed Internet

Listing and Financial Details

  • Total Actual Rent $6,600
  • Rent includes unit 1(heat electric water hot water other (see remarks)), unit 2(heat electric water hot water other (see remarks))
  • Assessor Parcel Number M:0011C B:0000 L:0015,3008396

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $5,575
  • Insurance Expense $2,481
  • Water Sewer Expense $1,324
  • Operating Expense $35,490
  • Net Operating Income $43,710

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,085

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1938
  • Year Built Details: Approximate,Renovated Since
  • Compensation Based On: Compensation Offered but Not in MLS
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Vinyl, Laminate, Hardwood
  • Interior Amenities: Stone/Granite/Solid Counters, High Speed Internet, Bathroom With Tub & Shower, Bathroom with Shower Stall, Remodeled, Living Room, Dining Room, Kitchen, Laundry Room, Mudroom
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Living Area: 2776
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 215.78
  • PRICE PER Sq Ft: 217.94
  • MAIN SO: E95050

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Frontage Length: 15
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
  • Cooling: Window Unit(s)
  • Heating: Oil, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 1
  • COOLING ZONES: 0
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, House of Worship, Private School, Public School, University, Sidewalks
  • Rent Includes: Unit 1(Heat,Electric,Water,Hot Water,Other (See Remarks)), Unit 2(Heat,Electric,Water,Hot Water,Other (See Remarks))
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1324

Lot Info

  • Parcel Number: M:0011C B:0000 L:0015,3008396
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Cleared, Gentle Sloping
  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Size Sq Ft: 16543
  • Lot Size Units: Acres
  • PAGE: 312
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12085
  • Tax Book Number: 10256

Multi Family

  • Electric Expense: 5575
  • Gross Income: 79200
  • Insurance Expense: 2481
  • Net Operating Income: 43710
  • Number Of Units Total: 2
  • Operating Expense: 35490
  • Total Actual Rent: 6600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2010
Sold by
Dickson Paul E
Bought by
Rr Street Partners Llc
Current Estimated Value
$642,287

Purchase Details

Closed on
Aug 8, 2008
Sold by
John W Dickson T W and John Dickson
Bought by
Dickson Paul E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2007
Sold by
Dickson John W and Dickson Judith H
Bought by
John W Dickson T W and John Dickson

Purchase Details

Closed on
Jun 11, 2004
Sold by
Powicki David A and Peterson Lydia
Bought by
Dickson John W and Dickson Judith H

Purchase Details

Closed on
May 5, 1998
Sold by
Chickering Elizabeth A and Halloran Elizabeh A
Bought by
Powicki David A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $385,000 --
Deed $385,000 --
Deed $385,000 --
Deed $330,000 --
Deed $330,000 --
Deed $330,000 --
Deed -- --
Deed -- --
Deed -- --
Deed $339,000 --
Deed $339,000 --
Deed $140,000 --
Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $453,750 Purchase Money Mortgage
Closed $453,750 Purchase Money Mortgage
Closed $328,500 Stand Alone Refi Refinance Of Original Loan
Closed $660,000 Stand Alone Refi Refinance Of Original Loan
Closed $704,000 No Value Available
Previous Owner $264,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $605,000 +1.0% $218 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $599,000 -- $216 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $127 $708,100 $334,300 $373,800
2024 $12,085 $652,900 $315,400 $337,500
2023 $11,630 $578,600 $286,700 $291,900
2022 $11,207 $526,900 $260,700 $266,200
2021 $11,076 $507,600 $241,400 $266,200
2020 $10,822 $507,600 $241,400 $266,200
2019 $10,553 $484,100 $241,400 $242,700
2018 $10,234 $484,100 $241,400 $242,700
2017 $9,994 $457,800 $230,000 $227,800
2016 $9,715 $457,800 $230,000 $227,800
2015 $9,403 $457,800 $230,000 $227,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73300144

MLS Property Information Network (MLS PIN)

APN: AMHE-000011C-000000-000015