215 State St Northampton, MA 01060
Estimated payment $4,968/month
Highlights
- Very Popular Property
- Medical Services
- Wood Flooring
- Northampton High School Rated A
- Property is near public transit
- Loft
About This Home
Listed for the first time in over 40 years, this large 5 unit property produces excellent cash flow. The prime location has it conveniently situated a short walk to downtown, the bike path, Smith college, and all the amenities of King St. The large 4 bedroom unit has dramatic exposed beams and cathedral ceilings in the central living space. The 3 bedroom unit has a large kitchen, walk-in pantry, and ample light with it's 2 bay windows. Three,1-bedroom units, complete the property creating excellent rental diversity for a stable income. Mature trees on the corner add extra privacy. The smaller units ea. have 1 off-street parking space with the 4 BR having 3 spaces. The coin-op laundry in the basement provides the owner with added income. Each unit is separately metered, with an additional owners meter. Several units are receiving rents under market value so there is excellent upside for long term growth. Accompanied showings during ONLY 2 time slots. Thurs. the 4th 2-4, Sat the 6th 11-1
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,050
Year Built
- Built in 1900
Lot Details
- 9,444 Sq Ft Lot
- Corner Lot
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Slate Roof
Interior Spaces
- 3,868 Sq Ft Home
- Combination Dining and Living Room
- Loft
- Storm Doors
- Range
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 7 Car Parking Spaces
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Schools
- Jfk Middle School
- NHS High School
Utilities
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
- Baseboard Heating
Listing and Financial Details
- Rent includes unit 1(heat gas hot water), unit 3(heat gas hot water)
- Assessor Parcel Number M:024D B:0146 L:0001
Community Details
Overview
- 5 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $69
- Insurance Expense $4,795
- Water Sewer Expense $2,455
- Operating Expense $31,155
- Net Operating Income $31,264
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | For Sale | $775,000 | -- | $200 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73423458
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