NOT LISTED FOR SALE

Estimated Value: $753,000 - $965,000

10 Beds
3 Baths
3,015 Sq Ft
$295/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $825,000 $274 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,725/month

8 Days on Market

Highlights

  • Granite Flooring
  • Deck
  • Corner Lot
  • Amherst Regional Middle School Rated A-
  • Property is near public transit
  • Jogging Path

About This Home

As of June 2023

Rare opportunity to purchase a three family home in excellent condition. Separate utilities for each unit with electricity as well as natural gas for the range, hot water baseboard heating and hot water supply. House includes a decorative front porch, back porch and decks on the second and third floors. Well maintained and well insulated with a very good track record for tenants. Close to Amherst Center, Amherst College and UMass and a few steps from the bus route. Plenty of parking and located on a corner lot. The three units already have signed leases for the next school year! The only showings to be at the Open House, Sunday April 23rd between 1:00-3:00 PM. All offers due by noon on Tuesday April 25.The seller reserves the right to accept an offer prior to deadline.

Last Agent to Sell the Property

Roy Johnson

William Raveis R.E. & Home Services Listed on: 04/20/2023

William Raveis R.E. & Home Services

Last Buyer's Agent

Reg Haughton

RE/MAX Vision

RE/MAX Vision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,772

Year Built

  • Built in 1900

Lot Details

  • 0.4 Acre Lot
  • Near Conservation Area
  • Corner Lot
  • Level Lot

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,015 Sq Ft Home
  • Insulated Windows
  • Insulated Doors
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Granite

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 3 Full Bathrooms

Parking

  • 7 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Amherst Elementary And Middle School
  • Amherst High School

Utilities

  • 3 Heating Zones
  • Heating Available
  • 110 Volts
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $5,000
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Tax Lot 102
  • Assessor Parcel Number 3009722

Community Details

Overview

  • 3 Units
  • 6-Story Property

Amenities

  • Shops

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Insurance Expense $3,000
  • Water Sewer Expense $1,200
  • Operating Expense $5,200
  • Net Operating Income $54,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,772

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 10
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3015
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: M80028
  • LIST PRICE PER Sq Ft: 273.63
  • PRICE PER Sq Ft: 273.63
  • MAIN SO: K01272

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Granite
  • Frontage Length: 100
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck, Deck - Roof
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas)
  • Electric: 110 Volts, 100 Amp Service
  • 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, Bike Path, Conservation Area, Public School, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1200

Lot Info

  • Parcel Number: 3009722
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Size Sq Ft: 17424
  • Lot Size Units: Acres
  • PAGE: 304
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8772
  • Tax Book Number: 5439
  • Tax Lot: 102
  • Tax Map Number: 148

Multi Family

  • Gross Income: 60000
  • Insurance Expense: 3000
  • Net Operating Income: 54800
  • Number Of Units Total: 3
  • Operating Expense: 5200
  • Total Actual Rent: 5000
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Amherst
  • Elementary School: Amherst
  • Middle Or Junior School: Amherst

Range of Values:

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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 Change Sq Ft Price
06/01/2023 06/01/23 Sold $825,000 0.0% $274 / Sq Ft
04/29/2023 04/29/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $825,000 -- $274 / 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 $134 $745,100 $184,600 $560,500
2024 $9,135 $493,500 $174,200 $319,300
2023 $8,772 $436,400 $158,400 $278,000
2022 $8,482 $398,800 $143,900 $254,900
2021 $8,429 $386,300 $133,400 $252,900
2020 $8,236 $386,300 $133,400 $252,900
2019 $7,922 $363,400 $133,400 $230,000
2018 $7,682 $363,400 $133,400 $230,000
2017 $7,481 $342,700 $127,100 $215,600
2016 $7,272 $342,700 $127,100 $215,600
2015 $7,039 $342,700 $127,100 $215,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73101094

MLS Property Information Network (MLS PIN)

APN: AMHE-000014B-000000-000102