21 Dwight St Agawam, MA 01001
Agawam AreaEstimated payment $14,948/month
About This Home
22-unit studio apartment building with strong cash flow and value-add potential. T-12 through May 2026 reflects approximately $189,000 NOI. Property features numerous upgrades, including plank flooring, LED lighting, composite decking, and four sets of coin-operated laundry equipment generating additional income. Opportunity exists to further increase revenue through operational improvements, potential heat pump installation, and possible expansion of basement space (subject to buyer verification, permits, and approvals).Property appraised at approximately $2.5M in 2023 prior to subsequent improvements and rent growth initiatives. Located in a desirable rental market with limited multifamily inventory. Seller financing, hard money, sale-leaseback, and other creative structures may be considered. Offers due by 8/3/26.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,555
Year Built
- Built in 1965
Home Design
- Brick Exterior Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 22 Full Bathrooms
- 6,696 Sq Ft Home
- Property has 1 Level
- Basement
Parking
- 28 Car Parking Spaces
- Driveway
- 28 Open Parking Spaces
Additional Features
- 29,800 Sq Ft Lot
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 2484304
Community Details
Overview
- 22 Units
Recreation
- Park
Building Details
- Electric Expense $1,567
- Insurance Expense $5,200
- Water Sewer Expense $3,900
- Operating Expense $18,919
- Net Operating Income $189,965
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/27/2026 07/27/26 | Price Changed | $2,490,000 | -2.4% | $372 / Sq Ft |
| 06/15/2026 06/15/26 | Price Changed | $2,550,000 | -8.9% | $381 / Sq Ft |
| 06/11/2026 06/11/26 | For Sale | $2,800,000 | -- | $418 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73534182
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Ask me questions while you tour the home.