This is a stellar downtown mixed use commercial building with 6 six apartments on the upper 2 floors and 3 commercial spaces on the main level, all currently rented (see attachment for rent and expenses.) A parking lot in the back provides one spot per tenant. Building wor...
This home has been viewed 33 times
Last Checked: May 7th, 2024 at 3:50am (Source: MLS PIN #73088193)
Gross Income: $58,800
Gross Expenses: $48,843
Net Income Calc: $9,957
CAP Rate: 0.66%
Annual Expenses for 17-25 Market St, Northampton MA 01060
Total Gross Expenses (Calculated)$48,843/year
APOD AvailableYes
Heating$6,181
Electricity$1,113
Water$4,590
Gas$4,590
Insurance$7,694
Sewer$4,590
Trash Removal$3,237
Repair & Maintenance
Management
Miscellaneous$672
Real Estate Tax$18,056
Annual Income & Unit Breakdown for 17-25 Market St, Northampton MA 01060
Total Gross Income (Calculated)$58,800
Unit 1
Rental Income$950
LeaseN
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(heat), Unit 3(heat), Unit 2(heat), Unit 4(heat)
Unit 2
Rental Income$1,100
LeaseY
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(heat), Unit 3(heat), Unit 2(heat), Unit 4(heat)
Unit 3
Rental Income$1,300
LeaseN
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingYes
Rent IncludesUnit 1(heat), Unit 3(heat), Unit 2(heat), Unit 4(heat)
Unit 4
Rental Income$1,550
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(heat), Unit 3(heat), Unit 2(heat), Unit 4(heat)
General Information for 17-25 Market St, Northampton MA 01060
Listing ID73088193
Property TypeMulti Family / 5+ Family
Price$1,500,000 ($206.61/SqFt)
Style5-9 Family
CityNorthampton
CountyHampshire
MLS Area
Neighborhood(s)
Approximate Living Area Total7,260 SqFt
Approximate Lot Size (Acres)0.17 acres
Total Parking9
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel, Easements
Foundation Area
Foundation DescriptionBlock,Stone,Brick/Mortar
Accessible Features
Outdoor Space
ZoningNB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 17-25 Market St, Northampton MA 01060
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure3 units are commercial
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$30,787
Total Gross Income By Broker$146,400
Total Net Income By Broker$44,453
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 17-25 Market St, Northampton MA 01060
Real Estate Taxes$18,056
Tax Year2022
Assessed Value$1,009,300
Financial Data Source
Total Gross Expenses By Broker$30,787
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$146,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$44,453
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)0.66%
Location Information for 17-25 Market St, Northampton MA 01060
Elementary SchoolBridge
Middle SchoolJfk
High SchoolN'ton High
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, T-station, Pool, Tennis Court(s), Stable(s), Private School, University
Contact Information for 17-25 Market St, Northampton MA 01060