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 works as an investment property OR could be ideal for someone interested in living in the building and renting the other spaces as there is a terrific owner's unit that is comprised of 2 combined units with newly renovated kitchen w/marble countertops, large new bathroom with soaking tub and marble floor and a second updated bathroom. The other units are in good condition with wood and vinyl floors. 4 apartments have 2 bedrooms and 2 apartments are one bedroom units. The commercial spaces have 1/2 bathrooms and rear doors to the parking lot. The basement is dry, buderus boiler heats the whole building and is included in rents. Each unit pays for their own gas and hot water.
This home has been viewed 47 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
Water Views
Annual Expenses for 17-25 Market St, Northampton MA 01060
Total Gross Expenses (Calculated)$48,843/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax18056
Annual Income & Unit Breakdown for 17-25 Market St, Northampton MA 01060
Total Gross Income (Calculated)$58,800
Unit 1
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bathrooms
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit2
Rent IncludesHeat
General Information for 17-25 Market St, Northampton MA 01060
Listing ID73088193
Property TypeMulti Family / 5+ Family
Price1500000 ($206.61/SqFt)
Style5-9 Family
CityNorthampton
CountyHampshire
Neighborhood(s)
Approximate Living Area Total7260
Approximate Lot Size (Acres)0.17
Total Parking9
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningNB
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 17-25 Market St, Northampton MA 01060
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Personal Property.
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 Compensation1
Compensation Based OnNet Sale Price
Financial Information for 17-25 Market St, Northampton MA 01060
Real Estate Taxes18056
Tax Year2022
Assessed Value$1,009,300
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 17-25 Market St, Northampton MA 01060
Elementary SchoolBridge
Middle SchoolJfk
High SchoolN'ton High
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 17-25 Market St, Northampton MA 01060