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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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64-66 Pleasant St , Easthampton, MA 01027
$995,000
Est. Payment: $2,211.11/mo
12 Bed
6 Bath
5832 Sqft
Status: Active | Days on site: 148
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House Description

RENT INCREASES JULY 1ST !!! ($4,440 annually) Well-maintained 6-unit multi-family in an excellent location near EastWorks and Downtown, offering strong upside potential. The property features a low-maintenance exterior and interior, is clean and well cared for, with a new roof membrane (Aug 2020) and a newly renovated back staircase/fire escape (Apr 2026).Long-term tenants with no leases provide flexibility for rent increases. Unit 3R, the 6th unit, is a 2-bedroom, 1-bath with kitchen and living room, gas heat, and a new refrigerator (Apr 2026), currently rented at $1,110/month. Tenants own washers/dryers; all other appliances are landlord-owned.Current cap rate is 5.9% (increased .4%), with rents below market ($1,600–$1,729). Pro forma cap rate reaches 8.5% at $1,600/month. Fire Department requires buyer to install a Fire Notification Panel. This is a solid investment opportunity with stable occupancy, minimal upkeep, and significant income growth potential in a highly desirable area.

Highlights

Listed by Deborah Cahillane , 413-695-4917 Brick & Mortar Northampton , 413-259-8888.

Property Type

Multi-Family

Lot/Acreage
0.08

Year Built

1910

County

Hampshire

Listing ID

73504629

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:12
  • Bathrooms:6
  • Full Bathrooms:6
Appliances:Range, Dishwasher, Refrigerator
Air Cond:Window Unit(s)
Fireplaces:
Floor:Vinyl,Varies,Hardwood
Other:
  • Additional:Bathroom with Shower Stall, Smart Thermostat, Remodeled, Pantry, Walk-In Closet(s), Living Room, Kitchen
Water:Public

Exterior Features

Lot:Corner Lot,Level
Garage Capacity:6
Zoning:R5
Roof:Rubber
Others:
  • Additional:Balcony/Deck
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Tandem,Paved,Parking Spaces: 6
Principal Interest
$2,211
Taxes
$677

Home Price

$995,000

Loan Details

30 yrs
%

Down Payment

20%
$199,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,211.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,211.11 $676.89 $0.00 $2,888.00
Yearly $26,533.33 $8,122.70 $0.00 $34,656.03
Total $796,000.00 $243,681.00 $0.00 $1,039,681.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Easthampton, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.