CONDO CONVERSION? VERY POSSIBLE! This is your chance to transform these 8 units into unique, high demand living spaces. With a complete renovation, you can design the layouts to fit your vision, attracting tenants who appreciate modern and comfortable living. Income Potential: Unlock substantial rental income by creating appealing, updated spaces. The potential returns are significant, and you have the creative freedom to set the rents at market rates, ensuring a solid return on investment. Ideal Location: Situated in a desirable location for both business and top market rent this property is primed for long-term growth. Take advantage of the area's potential and position your investment for success. Don't miss out on this golden opportunity! Make an offer today. Lot to the left of the property is city owned. Available for private sale through the city of Holyoke. Buyer/buyer rep to conduct due diligence on price, process to purchase lot next door, zoning, etc.
This home has been viewed 126 times
Last Checked: April 27th, 2024 at 5:03am (Source: MLS PIN #73195156)
Gross Income: $0
Gross Expenses: $1,485
Net Income Calc: $1,485
Annual Expenses for 289-291 Main St, Holyoke MA 01040
Total Gross Expenses (Calculated)$1,485/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax1485.04
Annual Income & Unit Breakdown for 289-291 Main St, Holyoke MA 01040
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bathrooms
Rent Includes
Unit 4
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 289-291 Main St, Holyoke MA 01040
Listing ID73195156
Property TypeMulti Family
Price139900 ($15.14/SqFt)
Style5+ Family - 5+ Units Up/down
CityHolyoke
CountyHampden
Neighborhood(s)
Approximate Living Area Total9242
Approximate Lot Size (Acres)0.06
Total Parking0
Garage Parking0
Year Built1920
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningBH
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 289-291 Main St, Holyoke MA 01040
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBar Top In Shed Is Custom And Is Not Included
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation0
Compensation Based OnNet Sale Price
Financial Information for 289-291 Main St, Holyoke MA 01040
Real Estate Taxes1485.04
Tax Year2023
Assessed Value$79,160
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 289-291 Main St, Holyoke MA 01040
Neighborhood(s)
Area Amenities
Contact Information for 289-291 Main St, Holyoke MA 01040