702 Main St Amherst, MA 01002
Estimated payment $8,745/month
Highlights
- Medical Services
- Property is near golf course, public transit, and schools
- Jogging Path
- Amherst Regional Middle School Rated A-
- Wood Flooring
- Porch
About This Home
Prime 5-Family Investment Property in Amherst! Located less than a mile from Amherst Center, this exceptionally well-maintained property offers tenants a walkable lifestyle - steps to restaurants, shopping, Amherst College, and close to UMass, with easy access to public transportation. Recent upgrades include a new Buderus heating system (approx. 2 years old). Each unit has separate electric meters, and their own water heater. All five units feature beautiful wood floors and private entrances, offering tenants comfort and independence. A large parking lot adds convenience for residents. All units are currently rented through May 2027 - a turnkey opportunity with immediate, stable rental income in one of the Pioneer Valley's most sought-after college-town markets.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,438
Year Built
- Built in 1880
Lot Details
- 16,335 Sq Ft Lot
- Cleared Lot
Home Design
- Brick Foundation
- Stone Foundation
- Shingle Roof
- Rubber Roof
Interior Spaces
- 3,892 Sq Ft Home
- Window Screens
- Living Room
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Full Bathrooms
- Bathtub
- Separate Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Crawl Space
Parking
- 10 Open Parking Spaces
- 10 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Bulkhead
- Rain Gutters
- Porch
Location
- Property is near golf course, public transit, and schools
Schools
- ARMS Middle School
- ARHS High School
Utilities
- Forced Air Heating System
- Heating System Uses Oil
- Baseboard Heating
- Separate Meters
- High Speed Internet
Listing and Financial Details
- Rent includes unit 2(heat), unit 3(heat), unit 4(heat)
- Assessor Parcel Number M:015A B:0000 L:0010
Community Details
Overview
- 5 Units
- Near Conservation Area
- Property has 2 Levels
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $750
- Insurance Expense $12,000
- Operating Expense $8,750
- Net Operating Income $97,510
Map
Home Values in the Area
Average Home Value in this Area
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 | $124 | $689,800 | $225,200 | $464,600 |
| 2024 | $12,057 | $651,400 | $212,500 | $438,900 |
| 2023 | $11,929 | $593,500 | $193,100 | $400,400 |
| 2022 | $11,609 | $545,800 | $183,900 | $361,900 |
| 2021 | $11,909 | $545,800 | $183,900 | $361,900 |
| 2020 | $11,636 | $545,800 | $183,900 | $361,900 |
| 2019 | $11,898 | $545,800 | $183,900 | $361,900 |
| 2018 | $11,538 | $545,800 | $183,900 | $361,900 |
| 2017 | $11,336 | $519,300 | $183,900 | $335,400 |
| 2016 | $11,020 | $519,300 | $183,900 | $335,400 |
| 2015 | $10,666 | $519,300 | $183,900 | $335,400 |
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 |
|---|---|---|---|---|
| 07/08/2026 07/08/26 | For Sale | $1,350,000 | -- | $347 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $525,000 | -- | |
| Deed | $235,000 | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73546575
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.
- 55-57 High St
- 38 Gray St
- 351 Main St
- 0 Red Gate Ln Unit 73348273
- 305 Strong St
- 33-37 Cottage St
- 210 Strong St
- 274 Strong St
- 95 E Pleasant St Unit H
- 12 Pleasant Ct
- 32 N Prospect St Unit 4
- 151 Amity St Unit 2
- 155 Amity St
- 50 Mount Pleasant
- 10 Winston Ct
- 254 Lincoln Ave
- 91 Sunset Ave
- 0 Heatherstone Rd
- 8 Emerson Ct Unit 8
- 9 Mcclure St
- 697 Main St Unit 3
- 675 Main St Unit 3
- 32 Salem Place
- 747 Main St
- 615 Main St
- 10 Belchertown Rd
- 10 Belchertown Rd Unit 27
- 10 Belchertown Rd Unit 20
- 10 Belchertown Rd Unit 6
- 133 S East St
- 15 High St Unit E
- 462 Main St Unit 3
- 462 Main St Unit 43
- 133 Belchertown Rd
- 26 Spring St
- 43 Tamarack Dr Unit 43 Tamarack
- 49 Boltwood Walk
- 16 Main St Unit C
- 11 E Pleasant St
- 15 N Pleasant St Unit 2S-MGM
Ask me questions while you tour the home.