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35 Center Street, Easthampton MA 01027

$975,000

Estimated $2,157.37/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $162,500

Total Rent: 49752/year

Estimated CAP Rate: 2.01%

6 Bedrooms

6 Full Baths

3,081 SqFt

Total Parking: 15

16,988 SqFt

Location, Location, Location - Downtown Easthampton! IMPECCABLY MAINTAINED Six-Unit Building! INVESTORS TAKE NOTE: Turn-key Building in TIP-TOP shape with Major Upgrades including: NEW Heating System 2020 w/NEW oil tanks, NEW ROOF 2020, Updated wiring, plumbing + heat lines for the entire building, chimney repointed + foundation work completed where needed, ALL WINDOWS REPLACED. The units have been tastefully remodeled, fixtures replaced, flooring + proper egresses added, fire exit railings & steps redone, parking lot paved offering plenty of off-street parking space + some green yard for tenants to enjoy. SOLID RENTAL HISTORY - Currently rented below market value. Nicely landscaped w/old trees removed + fencing installed. Truly a property to step into and begin collecting on DAY ONE. All tenants have month-to month leases. Coin-op Laundry provides convenience for tenants + Extra Income. Nearby are restaurants, park, lake, grocery store, bike path + all amenities.

This home has been viewed 49 times

Last Checked: May 25th, 2024 at 4:18am (Source: MLS PIN #73229872)

Gross Income: $49,752

Gross Expenses: $30,168

Net Income Calc: $19,584

CAP Rate: 2.01%

Annual Expenses for 35 Center Street, Easthampton MA 01027

Total Gross Expenses (Calculated)$30,168/year

APOD AvailableYes

Heating$8,691

Electricity$2,388

Water$3,515

Gas$3,515

Insurance$3,000

Sewer$3,515

Trash Removal$2,058

Repair & Maintenance$3,600

Management

Miscellaneous

Real Estate Tax$6,916.96

Annual Income & Unit Breakdown for 35 Center Street, Easthampton MA 01027

Total Gross Income (Calculated)$49,752

Unit 1

Rental Income$1,148

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesWater, Unit 1(heat, Hot Water)

Unit 2

Rental Income$1,005

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesWater, Unit 1(heat, Hot Water)

Unit 3

Rental Income$925

LeaseY

Bedrooms1

Bathrooms1 Full

Floor

Levels in Unit1

HeatingYes

Rent IncludesWater, Unit 1(heat, Hot Water)

Unit 4

Rental Income$1,068

LeaseY

Bedrooms1

Bathrooms1 Full

Floor

Levels in Unit1

HeatingYes

Rent IncludesWater, Unit 1(heat, Hot Water)

General Information for 35 Center Street, Easthampton MA 01027

Listing ID73229872

Property TypeMulti Family / 5+ Family

Price$975,000 ($316.46/SqFt)

Style5-9 Family

CityEasthampton

CountyHampshire

MLS Area

Neighborhood(s)

Approximate Living Area Total3,081 SqFt

Approximate Lot Size (Acres)0.39 acres

Total Parking15

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

ZoningR5

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesWaterfront

Energy Features

Terms

Disclosures for 35 Center Street, Easthampton MA 01027

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$23,252

Total Gross Income By Broker$72,456

Total Net Income By Broker$49,204

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 35 Center Street, Easthampton MA 01027

Real Estate Taxes$6,916.96

Tax Year2024

Assessed Value$510,100

Financial Data SourceOwner

Total Gross Expenses By Broker$23,252

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$72,456

BostonRealEstate.com Gross Income

Total Net Income By Broker$49,204

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.01%

Location Information for 35 Center Street, Easthampton MA 01027

Elementary SchoolMountain View

Middle SchoolMountain View

High SchoolEasthampton Hs

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Bike Path, Public Transportation, Private School

Contact Information for 35 Center Street, Easthampton MA 01027

Agent

Name: Lisa Palumbo

Office

Name: Delap Real Estate LLC

Phone: 413-586-9111

Payment Calculator

, Interest

Property Taxes 576.41

Principal & Interest 6007.64

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Delap Real Estate LLC

Lisa Palumbo

Agent Phone

Office Phone

(413) 586-9111

Text Agent Call Agent Call Office

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EXIT

Withdrawn

35 Center Street, Easthampton MA 01027

$975,000

Annual Expenses for 35 Center Street, Easthampton MA 01027

Annual Income & Unit Breakdown for 35 Center Street, Easthampton MA 01027

General Information for 35 Center Street, Easthampton MA 01027

Disclosures for 35 Center Street, Easthampton MA 01027

Financial Information for 35 Center Street, Easthampton MA 01027

Location Information for 35 Center Street, Easthampton MA 01027

Contact Information for 35 Center Street, Easthampton MA 01027

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Delap Real Estate LLC

Lisa Palumbo