NOT LISTED FOR SALE

59 S East St Amherst, MA 01002

12 Beds
4 Baths
3,691 Sq Ft
0.32 Acres

Last Sold January 31, 2025

Last sale price $930,000 $252 Per Sq Ft

22 Days on Market

Highlights

  • Property is near public transit and schools
  • Wood Flooring
  • Jogging Path
  • Amherst Regional Middle School Rated A-
  • Solid Surface Countertops
  • Balcony

About This Home

As of January 2025

Step into a great investment opportunity with this charming 4-family building, featuring four generous 3-bedroom apartments! Two of the units boast beautifully updated kitchens and newer flooring throughout, blending modern touches with classic comfort. The building boasts a lovely, well-maintained yard in the back—perfect for tenants to enjoy outdoor space. Tenants will appreciate the convenience of a common laundry room, and the location is ideal—just steps from the bus route and minutes from downtown. With a strong rental history and steady income potential, this property is perfect for investors or those looking to live in and earn. Don’t miss your chance to own in this desirable location!

Last Agent to Sell the Property

James Beadle

James Beadle Listed on: 10/17/2024

Last Buyer's Agent

Justine Rosewarne

5 College REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,254

Year Built

  • Built in 1900

Lot Details

  • 0.32 Acre Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,691 Sq Ft Home
  • Living Room
  • Partial Basement

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 10 Car Parking Spaces
  • Stone Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Rain Gutters
  • Porch

Schools

  • Fort River Elementary School
  • ARMS Middle School
  • ARHS High School

Additional Features

  • Property is near public transit and schools
  • High Speed Internet

Listing and Financial Details

  • Total Actual Rent $11,200
  • Rent includes unit 1(heat electric water hot water other (see remarks)), unit 2(heat electric water hot water other (see remarks)), unit 3(heat electric water hot water other (see remarks)), unit 4(heat electric water hot water other (see remarks))
  • Tax Lot 23
  • Assessor Parcel Number M:0015A B:0000 L:0023,3010048

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Electric Expense $10,386
  • Insurance Expense $4,630
  • Water Sewer Expense $1,532
  • Operating Expense $45,570
  • Net Operating Income $88,830

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,254

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1900
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Laundry Room, Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Bathroom with Shower Stall, Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Range, Refrigerator, Dishwasher
  • Total Bedrooms: 12
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Basement: Partial
  • Living Area: 3691
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN8502
  • MAIN SO: AN1019

Exterior Features

  • Exterior Features: Balcony, Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Stone/Gravel
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • COOLING ZONES: 0

Condo/Co-op/Association

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

Fee Information

  • Water Sewer Expenses: 1532

Lot Info

  • Parcel Number: M:0015A B:0000 L:0023,3010048
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.32
  • Lot Size Sq Ft: 13920
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9254.05
  • Tax Lot: 23

Multi Family

  • Electric Expense: 10386
  • Insurance Expense: 4630
  • Net Operating Income: 88830
  • Number Of Units Total: 4
  • Operating Expense: 45570
  • Total Actual Rent: 11200
  • 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

MLS Schools

  • High School: Arhs
  • Elementary School: Fort River
  • Middle Or Junior School: Arms
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
01/31/2025 01/31/25 Sold $930,000 +3.3% $252 / Sq Ft
11/08/2024 11/08/24 Pending -- -- --
11/08/2024 11/08/24 For Sale $900,000 0.0% $244 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $900,000 -- $244 / 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 $93 $517,200 $220,600 $296,600
2024 $9,038 $488,300 $208,100 $280,200
2023 $8,938 $444,700 $189,200 $255,500
2022 $8,742 $411,000 $180,100 $230,900
2021 $1,862 $411,000 $180,100 $230,900
2020 $1,830 $411,000 $180,100 $230,900
2019 $1,763 $411,000 $180,100 $230,900
2018 $8,689 $411,000 $180,100 $230,900
2017 $8,614 $394,600 $180,100 $214,500
2016 $8,373 $394,600 $180,100 $214,500
2015 $8,105 $394,600 $180,100 $214,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73303848

MLS Property Information Network (MLS PIN)