$500,000
SOLD JUL 17, 2024

3 Adams St Easthampton, MA 01027

5 Beds
3 Baths
2,094 Sq Ft
2,608 Sq Ft Lot

Recently Sold

$239 Per Sq Ft

6 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Jogging Path
  • Property is near public transit
  • Home Office
  • Enclosed patio or porch

About This Home

As of July 2024

Great investment opportunity in downtown Easthampton! This 3 unit property is steps from restaurants, galleries and shops in the vibrant Cottage St Cultural District, as well as the Nashawannuck Park Pond & Promenade, the Manhan Rail Trail, and more. The first and second floor units each offer two bedrooms, full bath, living room, enclosed porch, pantry and kitchen. The third floor unit has an enclosed staircase and landing, living room, bedroom, full bath, kitchen, plus two "super sized" closets/nooks that are great for storage or other uses. The 2nd and 3rd floor kitchens have been remodeled. Laundry hookups in the basement. As an investor you'll appreciate the convenience of minimal landscaping maintenance, and individually metered units. Photos are of 2nd and 3rd floor apartments, prior to tenants; all units are leased through August.

Last Agent to Sell the Property

Natasha Yakovlev

5 College REALTORS® Northampton

Last Buyer's Agent

Moussa Hamadeh

Berkshire Hathaway HomeServices Realty Professionals

Berkshire Hathaway HomeServices Realty Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,355

Year Built

  • Built in 1920

Lot Details

  • 2,608 Sq Ft Lot
  • Property fronts an easement
  • Near Conservation Area
  • Level Lot

Home Design

  • Triplex
  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,094 Sq Ft Home
  • Combination Dining and Living Room
  • Home Office
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 3 Car Parking Spaces
  • Stone Driveway
  • Shared Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Enclosed patio or porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • Separate Meters
  • High Speed Internet

Listing and Financial Details

  • Total Actual Rent $3,981
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 3026303

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $480
  • Insurance Expense $1,690
  • Water Sewer Expense $900
  • Operating Expense $3,790
  • Net Operating Income $43,982

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,355

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1920
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Vinyl, Varies, Hardwood
  • Interior Amenities: Pantry, Bathroom With Tub & Shower, Internet Available - Broadband, Remodeled, Kitchen, Living RM/Dining RM Combo, Office/Den, Living Room
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 2094
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN0310
  • LIST PRICE PER Sq Ft: 238.3
  • PRICE PER Sq Ft: 238.78
  • MAIN SO: AN7274

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Shared Driveway, Off Street, Stone/Gravel
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, Varies per Unit
  • Cooling: None
  • Heating: Electric
  • Cooling Y N: No
  • Electric: Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Electric, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 900

Lot Info

  • Parcel Number: 3026303
  • Zoning: R10
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Level
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2608
  • Lot Size Units: Acres
  • PAGE: 198
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5355
  • Tax Book Number: 14429

Multi Family

  • Electric Expense: 480
  • Gross Income: 47772
  • Insurance Expense: 1690
  • Net Operating Income: 43982
  • Number Of Units Total: 3
  • Operating Expense: 3790
  • Total Actual Rent: 3981
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Map

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
07/17/2024 07/17/24 Sold $500,000 +0.2% $239 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $499,000 +20.0% $238 / Sq Ft
01/24/2022 01/24/22 Sold $415,750 +4.0% $146 / Sq Ft
11/27/2021 11/27/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $399,900 0.0% $140 / Sq Ft
02/07/2015 02/07/15 Rented $1,650 0.0% --
02/07/2015 02/07/15 For Rent $1,650 -- --
Source: MLS Property Information Network (MLS PIN)

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
2024 $5,355 $394,900 $68,800 $326,100
2023 $4,144 $282,900 $54,300 $228,600
2022 $4,676 $282,900 $54,300 $228,600
2021 $5,493 $286,800 $54,300 $232,500
2020 $5,024 $282,900 $54,300 $228,600
2019 $3,590 $232,200 $54,300 $177,900
2018 $3,512 $219,500 $51,300 $168,200
2017 $3,432 $211,700 $49,300 $162,400
2016 $3,300 $211,700 $49,300 $162,400
2015 $3,207 $211,700 $49,300 $162,400
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 Purchase Money Mortgage
Closed $375,000 Purchase Money Mortgage
Closed $311,813 Purchase Money Mortgage
Previous Owner $182,700 Commercial
Previous Owner $203,000 Commercial
Previous Owner $152,600 Purchase Money Mortgage
Previous Owner $75,000 No Value Available
Previous Owner $110,000 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Not Resolvable $415,750 None Available
Deed -- --
Deed -- --
Deed $218,000 --
Deed $218,000 --
Deed $97,500 --
Deed $97,500 --
Deed $93,000 --
Deed $93,000 --
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73243147

MLS Property Information Network (MLS PIN)

APN: EHAM-000054-000006