NOT LISTED FOR SALE

17 Adams St Easthampton, MA 01027

12 Beds
8 Baths
5,434 Sq Ft
0.45 Acres

Last Sold November 16, 2021

Last sale price $896,700 $165 Per Sq Ft

16 Days on Market

About This Home

As of November 2021

Invest in Easthampton! IMPRESSIVE, Solidly-built, High-Performing 8-Unit Building w/all Mechanics Improved & Consistently Maintained by METICULOUS owner. Fabulous in-town location near bike path, restaurants & stores. Consistently Growing Gross Annual income of $86,916 not including coin-op laundry & potential income from 3 bay solar-powered garage. One 3-bedroom unit, one 2-bedroom units, six 1-bedroom units all with separate utilities, generous closets & 2 egresses. Carefree vinyl siding, well-maintained slate roof, 9 heating zones (4 natural gas/5 electric), 8 hot water tanks. REMODELED bathrooms & kitchens, durable flooring throughout, many NEW windows & appliances, attic insulation, annual furnace maintenance, hallways improved w/added heat, brand new flooring in 1st floor common area, NEW buzz-in intercom, no shortage of parking & outdoor space. One 2 bedroom unit & common areas will be deleaded by closing. QUICK turnovers & POSITIVE cash flow! Income & Expense sheet available.

Last Listed By

Lisa Palumbo

Delap Real Estate LLC Listed on: 07/26/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • 1885

Lot Details

  • 0.45

Parking

  • 3

Additional Features

  • Property has 1 Level
  • 9 Heating Zones

Property Details

Home Type

Multi-Family

Year Built

1885

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Liberty to Adams or Cottage to Adams
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1885

Interior Features

  • Appliances: Washer, Dryer, Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range
  • Has Basement: Full, Interior Entry, Concrete, Unfinished
  • Total Bathrooms: 8
  • MAIN LO: M95332
  • LIST PRICE PER Sq Ft: 174.83
  • PRICE PER Sq Ft: 165.02
  • MAIN SO: E21201
  • Full Bathrooms: 8
  • Total Bedrooms: 12
  • Fireplace: No
  • Flooring: Vinyl,Laminate,Hardwood, Wall to Wall Carpet, Unit 1(undefined)
  • Interior Amenities: Other (See Remarks), Unit 1(Walk-In Closet,Bathroom With Tub & Shower), Unit 2(Pantry,Bathroom With Tub & Shower), Unit 3(Pantry,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen,Mudroom,Sunroom), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen,Office/Den)
  • Other Equipment: Intercom
  • Stories: 11

Exterior Features

  • Roof: Shingle, Slate
  • Foundation Details: Stone, Brick/Mortar
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled
  • Construction Type: Frame
  • Disclosures: Leases Will Be Made Available To Purchaser Of Property. Landlord Covers Trash, Snow Removal, Landscaping & Water.
  • Lot Features: Corner Lot, Cleared, Level
  • Patio And Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Total Parking Spaces: 10

Utilities

  • Heating: Electric Baseboard, Unit 1(Gas), Unit 2(Electric Baseboard,Gas), Unit 3(Electric Baseboard), Unit 4(Electric Baseboard)
  • HEAT ZONES: 9
  • Electric: Circuit Breakers, Individually Metered
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Fee Information

  • Annual Water Sewer Expense: 1089

Lot Info

  • LOT SIZE: 19602
  • PAGE: 117
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 19602
  • Zoning: Res

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 2
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 3
  • FLRS 3: 2
  • FLRS 2: 2
  • Electric Expense: 1449
  • Annual Gross Income: 86916
  • Insurance Expense: 3675
  • Property Net Operating Income: 70622
  • Number Of Units Total: 8
  • Annual Operating Expense: 16294
  • Total Actual Rent: 7243

Tax Info

  • Tax Annual Amount: 9127.82
  • Tax Book Number: 9214
  • Tax Year: 2021

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
11/16/2021 11/16/21 Sold $896,700 -5.6% $165 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $950,000 -- $175 / 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: 72871303

MLS Property Information Network (MLS PIN)