NOT LISTED FOR SALE

351 Main St Amherst, MA 01002

8 Beds
8 Baths
4,991 Sq Ft
10,000 Sq Ft Lot

Last Sold August 02, 2024

Last sale price $1,262,000 $253 Per Sq Ft

7 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Amherst Regional Middle School Rated A-
  • Property is near public transit
  • 1 Fireplace

About This Home

As of August 2024

INVESTORS TAKE NOTICE! Great rental history! This is a rare opportunity to buy a 7 Unit building so close to the Amherst town center! It includes plenty of parking as well as a bus stop within steps of the building. There is ample storage for tenants and laundry on site. Your tenants can walk to restaurants, shopping with the town center nearby. There are 6 units that are 1 bedroom units with a lot of space, wonderful light with high ceilings, some with exterior deck space. The 7th unit is a 2 bedroom / 2 bathrooms with a living room and its own entrance with a porch.

Last Agent to Sell the Property

Stiles & Dunn

William Raveis R.E. & Home Services Listed on: 04/29/2024

William Raveis R.E. & Home Services

Last Buyer's Agent

Stacy Ashton

Ashton Realty Group Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,659

Year Built

  • Built in 1800

Lot Details

  • 10,000 Sq Ft Lot
  • Stone Wall
  • Corner Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Rubber Roof
  • Metal Roof

Interior Spaces

  • 4,991 Sq Ft Home
  • 1 Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 10 Car Parking Spaces
  • Common or Shared Parking
  • Driveway
  • Paved Parking
  • Open Parking

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Wildwood Elementary School
  • ARMS Middle School
  • ARHS High School

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Separate Meters
  • High Speed Internet

Listing and Financial Details

  • Total Actual Rent $8,600
  • Rent includes unit 1(heat water hot water), unit 2(heat water hot water), unit 3(heat water hot water), unit 4(heat water hot water)
  • Assessor Parcel Number M:0014B B:0000 L:0059,3009682

Community Details

Overview

  • 7 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $996
  • Insurance Expense $2,942
  • Water Sewer Expense $190
  • Operating Expense $33,611
  • Net Operating Income $67,146

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,659

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1800
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Vinyl, Carpet, Hardwood
  • Interior Amenities: Bathroom With Tub & Shower, Internet Available - Broadband, Bathroom with Shower Stall, Kitchen, Living RM/Dining RM Combo, Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Washer, Dryer, Range, Refrigerator, Range Hood, Dishwasher
  • Total Bedrooms: 8
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Basement: Full, Walk-Out Access, Concrete, Unfinished
  • Living Area: 4991
  • Spa YN: No
  • Stories Total: 9
  • Window Features: Box/Bay/Bow Window(s)
  • MAIN LO: M59500
  • MAIN SO: AN8305

Exterior Features

  • Exterior Features: Rain Gutters, Stone Wall
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber, Metal
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Common, Driveway, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Steam, Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Common, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Oil, Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Private School, Public School, University, Other, Sidewalks
  • Rent Includes: Unit 1(Heat,Water,Hot Water), Unit 2(Heat,Water,Hot Water), Unit 3(Heat,Water,Hot Water), Unit 4(Heat,Water,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 190

Lot Info

  • Parcel Number: M:0014B B:0000 L:0059,3009682
  • Zoning: COM
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Cleared, Level
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10000
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Varies per Unit

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9659

Multi Family

  • Electric Expense: 996
  • Insurance Expense: 2942
  • Net Operating Income: 67146
  • Number Of Units Total: 7
  • Operating Expense: 33611
  • Total Actual Rent: 8600
  • 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: 2

MLS Schools

  • High School: Arhs
  • Elementary School: Wildwood
  • Middle Or Junior School: Arms

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
08/02/2024 08/02/24 Sold $1,262,000 -6.5% $253 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/29/2024 04/29/24 For Sale $1,350,000 -- $270 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Stiles & Dunn

    Seller's Agent in 2024

    Stiles & Dunn

    William Raveis R.E. & Home Services

    (413) 336-4440

    92 in this area

    205 Total Sales

    Stiles & Dunn
    Section Image
  • Stacy Ashton

    Buyer's Agent in 2024

    Stacy Ashton

    Ashton Realty Group Inc.

    (413) 687-3098

    23 in this area

    201 Total Sales

    Stacy Ashton
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73229821

MLS Property Information Network (MLS PIN)
Massachusetts Hampshire County Amherst 01002

351 Main St, Amherst, MA

Not Listed for Sale

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