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87-89 Pearl St, Holyoke MA 01040

$275,000

Estimated $759.49/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $137,500

Total Rent: 16800/year

Estimated CAP Rate: 4.74%

6 Bedrooms

3 Full Baths

3,112 SqFt

Total Parking: 8

9,477 SqFt

Attention all investors and historians! This one of a kind Queen Anne Victorian multi family home is located in the highly sought after Highlands neighborhood in the city of Holyoke’s Fairfield Ave Local Historic District. U1 on the 1st flr includes 2 bdrms, spacious kitchen, living rm, dining rm, pantry, & full bthrm. U2 is currently made up of the 2nd and 3rd flrs. The 2nd flr includes 2 bdrms, full bthrm, sizeable kitchen, & a dining rm that is adjoined to the living rm w/ lovely french doors. Access the 3rd flr through a shared staircase & you will find an outstanding value-add opportunity- a large, finished space that boasts 2 bdrms, living rm w/ walkout porch that provides stunning views of the historic neighborhood, kitchen, & full bthrm! Property has 2 separate driveways, a fully enclosed backyard, large storage shed, and ample parking. Do not miss out on this extraordinary opportunity.

This home has been viewed 35 times

Last Checked: May 7th, 2024 at 4:16am (Source: MLS PIN #73075072)

Gross Income: $16,800

Gross Expenses: $3,763

Net Income Calc: $13,037

CAP Rate: 4.74%

Annual Expenses for 87-89 Pearl St, Holyoke MA 01040

Total Gross Expenses (Calculated)$3,763/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,763

Annual Income & Unit Breakdown for 87-89 Pearl St, Holyoke MA 01040

Total Gross Income (Calculated)$16,800

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$1,400

LeaseN

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingYes

Rent Includes

General Information for 87-89 Pearl St, Holyoke MA 01040

Listing ID73075072

Property TypeMulti Family / 2 Family

Price$275,000 ($88.37/SqFt)

Style2 Family - 2 Units Up/down

CityHolyoke

CountyHampden

MLS AreaHighlands

Neighborhood(s)

Approximate Living Area Total3,112 SqFt

Approximate Lot Size (Acres)0.22 acres

Total Parking8

Garage Parking

Year Built1880

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual,Certified Historic

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

ZoningR-1

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 87-89 Pearl St, Holyoke MA 01040

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureEntire 3rd floor includes kitchen, full bath, 2 bd

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$16,800

Total Net Income By Broker$16,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5%%

Facilitator Compensation1%%

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 87-89 Pearl St, Holyoke MA 01040

Real Estate Taxes$3,763

Tax Year2022

Assessed Value$195,400

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$16,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$16,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.74%

Location Information for 87-89 Pearl St, Holyoke MA 01040

Elementary SchoolPer Board Of Ed

Middle SchoolPer Board Of Ed

High SchoolPer Board Of Ed

Neighborhood(s)

MLS AreaHighlands

Area AmenitiesHighway Access, Public School, Shopping, Medical Facility, Public Transportation, Private School, Sidewalks

Contact Information for 87-89 Pearl St, Holyoke MA 01040

Agent

Name: The Merrill Group

Office

Name: Naples Realty Group

Phone: 413-650-1314

Payment Calculator

, Interest

Property Taxes 313.58

Principal & Interest 1694.46

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Naples Realty Group

The Merrill Group

Agent Phone

Office Phone

(413) 650-1314

Text Agent Call Agent Call Office

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[year_built] => 1880
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                )

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[21] => Array
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                )

[22] => Array
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                )

[23] => Array
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                    [index] => 24
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                )

[24] => Array
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                    [index] => 25
                    [enabled] => 1
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                    [modified] => 2024-05-07 04:16:23
                )

[25] => Array
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                    [index] => 26
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                    [modified] => 2024-05-07 04:16:23
                )

[26] => Array
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                    [modified] => 2024-05-07 04:16:23
                )

[27] => Array
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                    [index] => 28
                    [enabled] => 1
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                    [modified] => 2024-05-07 04:16:23
                )

[28] => Array
                (
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                    [index] => 29
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                )

[29] => Array
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                    [index] => 30
                    [enabled] => 1
                    [created] => 2024-05-07 04:16:23
                    [modified] => 2024-05-07 04:16:23
                )

[30] => Array
                (
                    [id] => 7205834
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                    [index] => 31
                    [enabled] => 1
                    [created] => 2024-05-07 04:16:23
                    [modified] => 2024-05-07 04:16:23
                )

[31] => Array
                (
                    [id] => 7205835
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                    [index] => 32
                    [enabled] => 1
                    [created] => 2024-05-07 04:16:23
                    [modified] => 2024-05-07 04:16:23
                )

[32] => Array
                (
                    [id] => 7205836
                    [name] => MLS33.jpg
                    [type] => gallery
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                    [index] => 33
                    [enabled] => 1
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                    [modified] => 2024-05-07 04:16:23
                )

[33] => Array
                (
                    [id] => 7205837
                    [name] => MLS34.jpg
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                    [index] => 34
                    [enabled] => 1
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                    [modified] => 2024-05-07 04:16:23
                )

[34] => Array
                (
                    [id] => 7205838
                    [name] => MLS35.jpg
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                    [index] => 35
                    [enabled] => 1
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                    [modified] => 2024-05-07 04:16:23
                )

[35] => Array
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                    [id] => 7205839
                    [name] => MLS36.jpg
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                    [index] => 36
                    [enabled] => 1
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                    [modified] => 2024-05-07 04:16:23
                )

[36] => Array
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                    [id] => 7205840
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                    [index] => 37
                    [enabled] => 1
                    [created] => 2024-05-07 04:16:23
                    [modified] => 2024-05-07 04:16:23
                )

)

)

EXIT