Cheryl Malandrinos
HB Real Estate, LLC
(413) 314-2727
79 Total Sales
1 in Amherst
$145,000 Price
59 S East St Amherst, MA 01002
Amherst Area
12
Beds
4
Baths
3,691
Sq Ft
0.32
Acre Lot
Highlights
- Property is near public transit and schools
- Solid Surface Countertops
- Balcony
- Wood Flooring
- Jogging Path
- Porch
About This Home
As of January 2025Step 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!
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,254
Year Built
- Built in 1900
Lot Details
- 13,920 Sq Ft 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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2024
Closed on
Jan 31, 2025
Sold by
Bought by
Seller's Agent
James Beadle
James Beadle
Buyer's Agent
Justine Rosewarne
5 College REALTORS®
List Price
$900,000
Sold Price
$930,000
Premium/Discount to List
$30,000
3.33%
Views
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,500
Outstanding Balance
$686,758
Interest Rate
6.72%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 15, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,630,000
Interest Rate
4.36%
Mortgage Type
Commercial
Purchase Details
Closed on
May 24, 2006
Sold by
Bought by
Purchase Details
Closed on
Nov 19, 1997
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Amherst, MA
-
Cheryl Malandrinos
-
Mark Carmien
Mark Carmien
Brick & Mortar Northhampton
(413) 779-8441
104 Total Sales
3 in Amherst
$487K - $776K Price Range
-
Rob Smith
Rob Smith
PREMIER SOTHEBY'S INTL REALTY
(508) 625-7572
175 Total Sales
2 in Amherst
$260K - $290K Price Range
-
Susan Lyons
Susan Lyons
HB Real Estate, LLC
(860) 901-1458
42 Total Sales
1 in Amherst
$425,000 Price
-
Michael Giovangelo
Michael Giovangelo
Better Living Real Estate, LLC
(774) 341-5232
58 Total Sales
1 in Amherst
$255,000 Price
-
Nadine Hiser
Nadine Hiser
KRG - Key Realty Group
(413) 358-4203
72 Total Sales
1 in Amherst
$345,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $930,000 | None Available | ||
| -- | -- | ||
| $469,200 | -- | ||
| $169,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $697,500 | ||
| Closed | $2,200,000 | ||
| Previous Owner | $1,890,000 | ||
| Previous Owner | $1,630,000 | ||
| Previous Owner | $180,800 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
-
James Beadle
J
Seller's Agent in 2025
James Beadle
James Beadle
(508) 478-7076
8 Total Sales
-
Justine Rosewarne
Buyer's Agent in 2025
Justine Rosewarne
5 College REALTORS®
(413) 575-5362
50 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73303848
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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