NOT LISTED FOR SALE

364 Hillside Ave Unit 366 Holyoke, MA 01040

Estimated Value: $386,831 - $430,000

5 Beds
3 Baths
2,654 Sq Ft
$157/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $350,000 $132 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,705/month

6 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • 2 Fireplaces
  • Medical Services
  • Wood Flooring
  • Jogging Path

About This Home

As of June 2023

BUY TODAY AND PROFIT TOMORROW! Let your tenants pay your mortgage! This 3 family home offers lots of opportunity situated in a convenient location close to area amenities with great access to Rt. 5 and 91. 1st & 2nd floor units offer similar spacious layouts w/Large Living Room/ Dining room / Eat-In Kitchens w/walk in pantry / 2 Bedrooms / Full Bathroom and an Enclosed Porch. 3rd Floor offers a spacious Living Room / Eat-In Kitchen / 1 Bedroom & Full Bathroom. There are separate utilities / gas heat & hot water for all 3 units. 1st & 2nd floor have great long term tenants in place who would love to stay however with no current lease in place the option is yours to do as you please. The 3rd floor is completely empty and ready to go! There is even a 2 car garage making for plenty of extra storage space. A sweet backyard & cozy front porch offer a couple of different places to relax after a long day. With some rent increases to match going rents you'll have tremendous cash flow!

Last Agent to Sell the Property

Aimee Kelly

eXp Realty Listed on: 05/02/2023

eXp Realty

Last Buyer's Agent

Brian Jarrett

Taylor Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,153

Year Built

  • Built in 1923

Lot Details

  • 5,000 Sq Ft Lot
  • Near Conservation Area
  • Level Lot
  • Cleared Lot

Parking

  • 2 Car Garage
  • Shared Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 2,654 Sq Ft Home
  • 2 Fireplaces
  • Dishwasher
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,525
  • Assessor Parcel Number M:0124 B:0000 L:34,2535531

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $9,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,153

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1923
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Wood,Vinyl,Carpet, Unit 3(Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Storage,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Pantry,Storage,Bathroom With Tub & Shower), Unit 3(Pantry,Storage,Walk-In Closet,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 2654
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AC0342
  • LIST PRICE PER Sq Ft: 116.8
  • PRICE PER Sq Ft: 131.88
  • MAIN SO: E21301

Exterior Features

  • Exterior Features: Rain Gutters, Storage, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off Street, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Washer Hookup
  • Cooling: None, Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Hot Water Radiators,Gas,Individual,Unit Control), Unit 2(Hot Water Radiators,Gas,Individual,Unit Control), Unit 3(Gas,Individual,Unit Control,Floor Furnace)
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0124 B:0000 L:34,2535531
  • Zoning: R-2
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 5000
  • Lot Size Units: Acres
  • PAGE: 497
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5153
  • Tax Book Number: 11790

Multi Family

  • Gross Income: 9600
  • Net Operating Income: 9600
  • Number Of Units Total: 3
  • Total Actual Rent: 1525
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Thomas Rebecca and Campedelli Brian
Bought by
Woodlawn Construction Llc
Current Estimated Value
$401,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.9%
Mortgage Type
Commercial

Purchase Details

Listed on
May 2, 2023
Closed on
May 24, 2023
Sold by
Mcdermott Todd M and Mcdermott Karyn L
Bought by
Thomas Rebecca and Campedelli Brian
Seller's Agent
Aimee Kelly
eXp Realty
Buyer's Agent
Brian Jarrett
Taylor Agency
List Price
$310,000
Sold Price
$350,000
Premium/Discount to List
$40,000
12.9%
Views
253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%

Purchase Details

Closed on
Aug 1, 2001
Sold by
Leary Patrick and Leary Lisa
Bought by
Mcdermott Todd M and Mcdermott Karyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1995
Sold by
Roy Robert A and Roy Maureen E
Bought by
Leary Patrick and Wilson Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,932
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Woodlawn Construction Llc -- None Available
Woodlawn Construction Llc -- None Available
Thomas Rebecca $350,000 None Available
Thomas Rebecca $350,000 None Available
Mcdermott Todd M $140,000 --
Mcdermott Todd M $140,000 --
Leary Patrick $110,000 --
Leary Patrick $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jarrett Brian $273,750
Closed Jarrett Brian $273,750
Closed Woodlawn Construction Llc $284,000
Previous Owner Mcdermott Todd M $126,000
Previous Owner Mcdermott Todd M $127,000
Previous Owner Roy Robert A $133,000
Previous Owner Roy Robert A $109,932
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $350,000 +12.9% $132 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $310,000 -- $117 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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
2025 $6,099 $349,300 $42,600 $306,700
2024 $5,206 $274,700 $40,700 $234,000
2023 $5,153 $274,700 $40,700 $234,000
2022 $5,171 $268,500 $40,700 $227,800
2021 $4,555 $236,400 $37,100 $199,300
2020 $4,293 $225,000 $37,100 $187,900
2019 $4,086 $211,800 $37,100 $174,700
2018 $3,939 $205,900 $37,100 $168,800
2017 $3,947 $205,900 $37,100 $168,800
2016 $3,822 $199,900 $38,100 $161,800
2015 $3,806 $199,900 $38,100 $161,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73105648

MLS Property Information Network (MLS PIN)

APN: HOLY-000124-000000-000034