NOT LISTED FOR SALE

495 Appleton St Holyoke, MA 01040

7 Beds
8 Baths
4,858 Sq Ft
17,860 Sq Ft Lot

Sale Details

Date Sold: August 26, 2024

Last sale price $576,500 $119 Per Sq Ft

22 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Corner Lot
  • Property is near public transit
  • 1 Fireplace
  • Mud Room

About This Home

As of August 2024

Attention Investors! Check out this opportunity to own 6 units in Holyoke! The property features (5) 1-bedroom and (1) 2-bedroom apartments. The property has been maintained throughout the years and is a great opportunity for investors looking for a value-add property in this growing Holyoke MA market! See attached Financials and Offer Memo.

Last Agent to Sell the Property

Vadim Tulchinsky

Witman Properties, Inc. Listed on: 04/16/2024

Last Buyer's Agent

Ravi Parmar

Elevated Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,836

Year Built

  • Built in 1920

Lot Details

  • 17,698 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Slate Roof

Interior Spaces

  • 4,858 Sq Ft Home
  • Crown Molding
  • 1 Fireplace
  • Mud Room
  • Living Room
  • Partial Basement
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Bathtub with Shower

Parking

  • 8 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • 110 Volts

Listing and Financial Details

  • Total Actual Rent $6,390
  • Rent includes unit 1(heat gas hot water), unit 2(heat gas hot water), unit 3(heat gas hot water)
  • Assessor Parcel Number M:0076 B:0004 L:2,2531939

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Park

Building Details

  • Insurance Expense $3,802
  • Water Sewer Expense $1,888
  • Operating Expense $44,831
  • Net Operating Income $32,513

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,836

Year Built

Built in 1920

Lot Details

0.41 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1920
  • 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: 8

Interior Features

  • Flooring: Wood, Vinyl, Hardwood
  • Interior Amenities: Pantry, Crown Molding, Bathroom With Tub & Shower, Living Room, Kitchen, Mudroom
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bathrooms: 8
  • Basement: Partial
  • Living Area: 4858
  • Spa YN: No
  • Stories Total: 8
  • MAIN LO: AC1494
  • MAIN SO: AN1547

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Slate
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Cooling: Window Unit(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Electric: 110 Volts, Common, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Highway Access, Sidewalks
  • Rent Includes: Unit 1(Heat,Gas,Hot Water), Unit 2(Heat,Gas,Hot Water), Unit 3(Heat,Gas,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1888

Lot Info

  • Parcel Number: M:0076 B:0004 L:2,2531939
  • Zoning: RM20
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.41
  • Lot Size Sq Ft: 17698
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8836

Multi Family

  • Insurance Expense: 3802
  • Net Operating Income: 32513
  • Number Of Units Total: 6
  • Operating Expense: 44831
  • Total Actual Rent: 6390
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 2
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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
08/26/2024 08/26/24 Sold $576,500 0.0% $119 / Sq Ft
05/31/2024 05/31/24 Off Market $576,500 -- --
05/09/2024 05/09/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $574,900 -0.3% $118 / Sq Ft
04/19/2024 04/19/24 Off Market $576,500 -- --
04/16/2024 04/16/24 For Sale $574,900 -- $118 / Sq Ft
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
2025 $10,223 $585,500 $44,500 $541,000
2024 $8,836 $466,300 $42,200 $424,100
2023 $8,097 $431,600 $42,200 $389,400
2022 $8,116 $421,400 $42,200 $379,200
2021 $7,299 $378,800 $38,400 $340,400
2020 $6,342 $332,400 $38,400 $294,000
2019 $6,088 $315,600 $34,500 $281,100
2018 $5,483 $286,600 $34,500 $252,100
2017 $5,494 $286,600 $34,500 $252,100
2016 $5,363 $280,500 $34,500 $246,000
2015 $5,341 $280,500 $34,500 $246,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73224529

MLS Property Information Network (MLS PIN)
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