$1,600,000
SOLD OCT 22, 2021

18 Orchard St Northampton, MA 01060

18 Beds
9 Baths
11,956 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$134 Per Sq Ft

7% Above List Price

9 Days on Market

About This Home

As of November 2024

Outstanding 9 unit investment within walking distance to downtown, bike path, and public transit routes. This stately, brick building has been well maintained with a new roof within 5 years, assigned parking space for each unit, all separate utilities, coin-op laundry on site, and outdoor space for every unit. All the apartments have 2 bedrooms, but three of them a larger, five room units. Nice location on a quiet side street, yet close to everything. Well managed by the same owners for the past 20 years, with great rental history. A great investment opportunity, act now!

Last Agent to Sell the Property

Charles Conner

Taylor Agency Listed on: 07/13/2021

Last Buyer's Agent

Xian Dole

Premier Realty Group-Hadley

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Off Bridge St. (Rte. 9)
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Utility Connections for Electric Range, Utility Connections Varies per Unit
  • Has Basement: Full, Interior Entry, Concrete
  • Total Bathrooms: 9
  • MAIN LO: E21301
  • LIST PRICE PER Sq Ft: 125.04
  • PRICE PER Sq Ft: 133.82
  • MAIN SO: AN1019
  • Full Bathrooms: 9
  • Total Bedrooms: 18
  • Fireplace: No
  • Flooring: Vinyl,Carpet,Varies Per Unit
  • Stories: 6

Exterior Features

  • Foundation Details: Stone, Brick/Mortar
  • Construction Type: Frame, Brick
  • Disclosures: Easement On The Westerly Side Line, See Attached Deed.
  • Home Warranty: No
  • Patio And Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Assigned, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 9

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, Varies per Unit
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Stable(s), Golf, Bike Path, Highway Access, Marina
  • Senior Community: No

Lot Info

  • LOT SIZE: 9000
  • PAGE: 292
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 9147.6
  • Zoning: URB

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Annual Gross Income: 107940
  • Property Net Operating Income: 72308
  • Number Of Units Total: 9
  • Annual Operating Expense: 35632
  • Total Actual Rent: 3445

Tax Info

  • Tax Annual Amount: 16104
  • Tax Book Number: 5941
  • Tax Year: 2020

Range of Values:

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Average Value
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List Price
Sold Price
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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
11/20/2024 11/20/24 Sold $1,775,000 -4.1% $187 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $1,850,000 +15.6% $195 / Sq Ft
10/22/2021 10/22/21 Sold $1,600,000 +7.0% $134 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $1,495,000 -- $125 / 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: 72864842

MLS Property Information Network (MLS PIN)