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21 High St, South Hadley MA 01075

$400,000

Estimated $1,041.43/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $133,333.33

Total Rent: 28800/year

Estimated CAP Rate: 6.02%

6 Bedrooms

3 Full Baths

2,543 SqFt

Total Parking: 5

17,583 SqFt

Discover an exceptional investment opportunity in South Hadley! This 3-unit multifamily residence is tailor-made for both owner occupants and investors. Consisting of three 2-bedroom units, each with separate heat, this property combines functionality and flexibility to meet various living arrangements, and the 3rd floor unit will be delivered vacant. Adding to its allure, the property boasts a generously sized fenced-in yard, providing a private and spacious outdoor retreat for residents. A large storage shed further enhances the property's appeal, offering practical solutions for storage needs. Whether you're looking for a home with additional income potential or a strategic investment, this multifamily property is poised to fulfill your objectives. Newer boiler, furnace, and hot water heaters. Don't miss out on this great opportunity. Schedule your showing today!

This home has been viewed 107 times

Last Checked: October 7th, 2024 at 4:54pm (Source: MLS PIN #73181761)

Gross Income: $28,800

Gross Expenses: $4,714

Net Income Calc: $24,086

CAP Rate: 6.02%

Annual Expenses for 21 High St, South Hadley MA 01075

Total Gross Expenses (Calculated)$4,714/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,714

Annual Income & Unit Breakdown for 21 High St, South Hadley MA 01075

Total Gross Income (Calculated)$28,800

Unit 1

Rental Income$1,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Hot Water), Unit 2(water, Unit 3(water

Unit 2

Rental Income$900

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Hot Water), Unit 2(water, Unit 3(water

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Hot Water), Unit 2(water, Unit 3(water

General Information for 21 High St, South Hadley MA 01075

Listing ID73181761

Property TypeMulti Family / 3 Family

Price$400,000 ($157.29/SqFt)

Style3 Family - 3 Units Up/down

CitySouth Hadley

CountyHampshire

MLS Area

Neighborhood(s)

Approximate Living Area Total2,543 SqFt

Approximate Lot Size (Acres)0.4 acres

Total Parking5

Garage Parking

Year Built1870

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping, Level, Cleared

Foundation Area

Foundation DescriptionBrick/Mortar,Granite

Accessible Features1

Outdoor Space

ZoningRB

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 21 High St, South Hadley MA 01075

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$0

Total Gross Income By Broker$28,800

Total Net Income By Broker$28,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 21 High St, South Hadley MA 01075

Real Estate Taxes$4,714

Tax Year2023

Assessed Value$268,600

Financial Data SourceOwner

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$28,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$28,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.02%

Location Information for 21 High St, South Hadley MA 01075

Elementary SchoolMosier

Middle SchoolMichael E Smith

High SchoolSouth Hadley

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, Pool, Tennis Court(s), Stable(s), Marina, Private School, University

Contact Information for 21 High St, South Hadley MA 01075

Agent

Name: Joseph Paoletti

Office

Name: Keller Williams Realty North Central

Phone: 978-840-9000

Team Members

Name: Anthony Paoletti

Phone: 978-430-8172

Payment Calculator

, Interest

Property Taxes 392.83

Principal & Interest 2464.67

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty North Central

Joseph Paoletti

Agent Phone

Office Phone

(978) 840-9000

Text Agent Call Agent Call Office

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EXIT

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21 High St, South Hadley MA 01075

$400,000

Annual Expenses for 21 High St, South Hadley MA 01075

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Keller Williams Realty North Central

Joseph Paoletti