$470,000
SOLD JAN 7, 2016

7 Thorpe Ave Holyoke, MA 01040

12 Beds
12 Baths
7,350 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$64 Per Sq Ft

13% Below List Price

117 Days on Market

About This Home

As of January 2016

Excellent investment opportunity with this 12 unit Brick building with a potential to gross $91,800/year! This well kept property features six 1 Bedroom apartments @ $695/month & six studio apartments at $595/month. Separate electric circuit breaker panels, newer gas steam heating system, newer vinyl windows. Convenient to I-91 & I-90. Coin operated laundry room in basement for additional income.

Last Agent to Sell the Property

Paul Gallagher

Gallagher Real Estate Listed on: 07/01/2015

Gallagher Real Estate

Last Buyer's Agent

Marita Marinello

Coldwell Banker Community REALTORS®

Coldwell Banker Community REALTORS®

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Commission: 2.50
  • Other Agent: 2.50
  • Seller Agency: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, University
  • Electric: Circuit Breakers, Individually Metered
  • Energy: Insulated Windows
  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Basement: Full, Interior Access, Concrete Floor

Exterior Features

  • Roof: Rubber
  • Construction: Brick
  • Exterior: Brick
  • Exterior Features: Porch
  • Foundation: Brick

Garage/Parking

  • Parking: On Street Permit
  • Parking Spaces: 1

Utilities

  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 12

Schools

  • High School: Hhs

Lot Info

  • Assessor Parcel Number: M:0091 B:0000 L:48
  • Zoning: R-2

Multi Family

  • APOD Available: Yes
  • Expenses Year End: 12/14
  • Heating Common: Steam, Gas
  • Heat Units: 1
  • Common Room: Laundry
  • Total Bedrooms: 12
  • Total Floors: 2
  • Total Full Baths: 12
  • Total Levels: 3
  • Total Rms: 42
  • Total Rent_1: 7740

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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
01/07/2016 01/07/16 Sold $470,000 -13.0% $64 / Sq Ft
10/26/2015 10/26/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $540,000 +46.9% $73 / Sq Ft
06/28/2013 06/28/13 Sold $367,500 -7.9% $50 / Sq Ft
05/29/2013 05/29/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $399,000 -- $54 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71866865

MLS Property Information Network (MLS PIN)