$370,000
SOLD JAN 31, 2025

47 School St South Hadley, MA 01075

8 Beds
2 Baths
3,360 Sq Ft
0.59 Acres

Recently Sold

$110 Per Sq Ft

17% Below List Price

89 Days on Market

Highlights

  • Private Waterfront
  • Private Water Access
  • Porch
  • Views of a Sound
  • Wood Flooring
  • Storm Windows

About This Home

As of January 2025

Rare 8-Bedroom Multi-Unit Investment Opportunity in South Hadley Falls Welcome to a unique and exciting investment opportunity! This hard-to-find 8-bedroom multi-unit property is primed and ready for its next owner. Located in the heart of South Hadley Falls, just minutes from Mount Holyoke College and all local amenities, this side-by-side home offers incredible potential for rental income or conversion. Each unit features 5 spacious bedrooms, gleaming hardwood floors throughout, and an abundance of natural light. Recent updates include a brand-new roof, new kitchen tiles, and fresh paint throughout, ensuring this property is move-in ready and low-maintenance for the savvy investor. This property offers more than just a solid return—it also provides privacy, comfort, and convenience in a prime location. Whether you're looking to expand your investment portfolio or explore other possibilities, this property is a must-see.

Last Agent to Sell the Property

Jason Saphire

www.HomeZu.com Listed on: 09/20/2024

Last Buyer's Agent

Jason Saphire

www.HomeZu.com Listed on: 09/20/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,439

Year Built

  • Built in 1900

Lot Details

  • 0.59 Acre Lot
  • Private Waterfront
  • Cleared Lot

Property Views

  • Views of a Sound
  • Scenic Vista
  • Creek or Stream

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,360 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Private Water Access
  • Shed
  • Porch

Additional Features

  • Energy-Efficient Thermostat
  • 110 Volts

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 0088
  • Assessor Parcel Number 3058296

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,439

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1900
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Tile, Vinyl, Hardwood
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Dirt Floor, Unfinished
  • Living Area: 3360
  • Spa YN: No
  • Stories Total: 4
  • Window Features: Storm Window(s)
  • MAIN LO: AN7148
  • LIST PRICE PER Sq Ft: 117.56
  • PRICE PER Sq Ft: 110.12
  • MAIN SO: AN7148

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Stream, Creek, Private
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range
  • Electric: 110 Volts
  • Water Source: Public
  • Hot Water: Oil, Natural Gas, Electric

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 3058296
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.59
  • Lot Size Area: 0.59
  • Lot Size Sq Ft: 25524
  • Lot Size Units: Acres
  • PAGE: 255000
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4439
  • Tax Block: 0088
  • Tax Book Number: 0169
  • Tax Lot: 0000
  • Tax Map Number: 0005A

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 2
  • FLRS 2: 2
  • Waterview: Creek, Private, Sound

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Oct 30, 2023
Sold by
Crochetiere Robert P Est and Crochetiere
Bought by
Zian Yassine
Seller's Agent
Jennifer Picard
ERA M Connie Laplante Real Estate
Buyer's Agent
Jennifer Picard
ERA M Connie Laplante Real Estate
List Price
$325,000
Sold Price
$255,000
Premium/Discount to List
-$70,000
-21.54%
Views
440
Current Estimated Value
$366,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,834
Avg. Annual Appreciation
23.87%
Original Mortgage
$204,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2008
Sold by
Sheldon Lori A and Crochetiere Ronald A
Bought by
Cooper and Cooper

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Home in South Hadley, MA

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $255,000 None Available
Deed $255,000 None Available
Deed $100,000 --
Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $333,000 Purchase Money Mortgage
Closed $333,000 Purchase Money Mortgage
Closed $204,000 Purchase Money Mortgage
Previous Owner $100,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $370,000 -6.3% $110 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
11/01/2024 11/01/24 Price Changed $395,000 -9.2% $118 / Sq Ft
10/11/2024 10/11/24 Price Changed $435,000 -2.2% $129 / Sq Ft
09/20/2024 09/20/24 For Sale $445,000 +74.5% $132 / Sq Ft
10/31/2023 10/31/23 Sold $255,000 -21.5% $76 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
04/27/2023 04/27/23 Price Changed $325,000 0.0% $97 / Sq Ft
04/27/2023 04/27/23 For Sale $325,000 -3.0% $97 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $335,000 0.0% $100 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $335,000 -- $100 / 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 $4,548 $285,500 $96,200 $189,300
2024 $4,439 $266,600 $89,800 $176,800
2023 $4,365 $248,700 $81,700 $167,000
2022 $4,134 $223,700 $81,700 $142,000
2021 $4,001 $205,600 $76,100 $129,500
2020 $3,914 $196,300 $76,100 $120,200
2019 $3,758 $186,500 $72,500 $114,000
2018 $3,619 $181,600 $70,400 $111,200
2017 $3,654 $181,600 $70,400 $111,200
2016 $3,583 $180,500 $70,400 $110,100
2015 $3,397 $175,300 $68,400 $106,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73292916

MLS Property Information Network (MLS PIN)

APN: SHAD-000005A-000088