NOT LISTED FOR SALE
14 Beds
14 Baths
8,532 Sq Ft
0.67 Acres

Last Sold December 15, 2023

Last sale price $1,300,000 $152 Per Sq Ft

Highlights

  • 0.67 Acre Lot
  • Storm Doors
  • Heating Available
  • Cooling Available
  • Carpet

About This Home

As of December 2023

12 unit apartment building in a quiet residential neighborhood near the South Hadley line. 6: 1 bedroom units, 2: 2 bedroom units and 4: studios. Recent upgrades include new gas boiler providing hot water, 400 amp electrical panel, newer fire/security system with central alarm, and upgrades to most units. Pro forma attached. Significant room for rental increases.

Last Agent to Sell the Property

Bill Fitzgerald

Fitzgerald And Co., Inc. Listed on: 11/01/2023

Last Buyer's Agent

Brian Fitzgerald

Fitzgerald And Co., Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,364

Year Built

  • Built in 1967

Lot Details

  • 0.67

Home Design

  • 8,532 Sq Ft Home
  • Block Foundation
  • Shingle Roof
  • Block Exterior

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

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

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Rain Gutters
  • 0.67 Acre Lot

Listing and Financial Details

  • Total Actual Rent $11,550
  • Rent includes unit 1(heat electric gas water hot water), unit 2(heat electric gas water hot water), unit 3(heat electric gas water hot water), unit 4(heat electric gas water hot water)
  • Assessor Parcel Number 743/20,2513068
  • Tax Block 20

Community Details

Overview

  • 12 Units
  • Property has 1 Level

Building Details

  • Electric Expense $19,368
  • Insurance Expense $5,716
  • Water Sewer Expense $7,352
  • Operating Expense $54,367
  • Net Operating Income $11,633

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,364

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1967
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Vinyl,Carpet,Varies Per Unit
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Utility Connections for Electric Oven
  • Total Bedrooms: 14
  • Full Bathrooms: 14
  • Total Bathrooms: 14
  • Basement: Full, Partially Finished, Walk-Out Access, Concrete
  • Living Area: 8532
  • Spa YN: No
  • Stories Total: 7
  • MAIN LO: M95007
  • MAIN SO: M95007

Exterior Features

  • Exterior Features: Gutters
  • Construction Materials: Block
  • Foundation Details: Block
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Shared Driveway, Off Street, Stone/Gravel
  • Total Parking Spaces: 20

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Oven
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC), Unit 4(Window AC)
  • Heating: Unit 1(Electric Baseboard), Unit 2(Electric Baseboard), Unit 3(Electric Baseboard), Unit 4(Electric Baseboard)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Rent Includes: Unit 1(Heat,Electric,Gas,Water,Hot Water), Unit 2(Heat,Electric,Gas,Water,Hot Water), Unit 3(Heat,Electric,Gas,Water,Hot Water), Unit 4(Heat,Electric,Gas,Water,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 7352

Lot Info

  • Parcel Number: 743/20,2513068
  • Zoning: Business B
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 0.67
  • Lot Size Sq Ft: 29244
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Varies per Unit

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12364
  • Tax Block: 20

Multi Family

  • Electric Expense: 19368
  • Insurance Expense: 5716
  • Net Operating Income: 11633
  • Number Of Units Total: 12
  • Operating Expense: 54367
  • Total Actual Rent: 11550
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 1

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $1,300,000 0.0% $152 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $1,300,000 -- $152 / 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: 73176058

MLS Property Information Network (MLS PIN)