Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Closed

186 College St, Amherst MA 01002

$575,000

Estimated $1,524/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $287,500

Total Rent: 60000/year

Estimated CAP Rate:

8 Bedrooms

Baths

2160

Total Parking: 8

12,250 (0.28)

ESTATE SALE! Rare opportunity to purchase a multi family close to Amherst College , U Mass as well as the town center. Strong rental history with consistently high demand . Both units consistently rent for the next school year! Don't miss your chance to add this property to your portfolio. The only showings to be at the open house Saturday April 22 between 12-2pm . All offers due by noon on Tuesday April 25.The seller reserves the right to accept an offer prior to deadline.

This home has been viewed 41 times

Last Checked: May 7th, 2024 at 7:01am (Source: MLS PIN #73099977)

Gross Income: $60,000

Gross Expenses: $7,103

Net Income Calc: $52,897

Water Views

Annual Expenses for 186 College St, Amherst MA 01002

Total Gross Expenses (Calculated)$7,103/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7103

Annual Income & Unit Breakdown for 186 College St, Amherst MA 01002

Total Gross Income (Calculated)$60,000

Unit 1

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full

Floor0

Levels in Unit0

Rent Includes

General Information for 186 College St, Amherst MA 01002

Listing ID73099977

Property TypeMulti Family / 2 Family

Price575000 ($266.2/SqFt)

Style2 Family - 2 Units Up/down

CityAmherst

CountyHampshire

Neighborhood(s)

Approximate Living Area Total2160

Approximate Lot Size (Acres)0.28

Total Parking8

Garage Parking0

Year Built1828

Year Built SourcePublic Records

Year Built DetailsUnknown/Mixed

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRG10

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 186 College St, Amherst MA 01002

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsStaging And Personal Belongings

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 Compensation0

Compensation Based OnNet Sale Price

Financial Information for 186 College St, Amherst MA 01002

Real Estate Taxes7103

Tax Year2023

Assessed Value$353,400

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 186 College St, Amherst MA 01002

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 186 College St, Amherst MA 01002

Agent

Name: Varujan Abalian

Office

Name: 1 Plus 1 Realty LLC.

Phone: 617-733-7754

Payment Calculator

, Interest

Property Taxes 591.92

Principal & Interest 3542.97

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

1 Plus 1 Realty LLC.

Varujan Abalian

Agent Phone

Office Phone

(617) 733-7754

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.28 acres (12,250 SqFt)
    [add_date] => 2024-05-07 07:01:20
    [address] => College St
    [agent] => Array
        (
            [address] => 405 Waltham Street #264
            [city] => Lexington
            [id] => B9500930
            [name] => Varujan Abalian
            [national_association] => 449538154
            [office] => AN4438
            [state] => MA
            [zip] => 02421
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 2160
    [approx_lot_size_acres] => 0.28
    [approx_lot_size_sqft] => 12250
    [assessed_value] => $353,400
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 8
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2
    [buyer_agent_id] => CN246415
    [buyer_office_id] => AN6987
    [c_style] => Array
        (
            [0] => 2 Family
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Amherst
    [community_features] => Array
        (
            [0] => Walk/jog Trails
        )

[compensation_based_on] => Array
        (
            [0] => Net Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Hampshire
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => ESTATE SALE! Rare opportunity to purchase a multi family close to Amherst College , U Mass as well as the town center. Strong rental history with consistently high demand . Both units consistently rent  for the next school year!  Don't miss your chance to add this property to your portfolio. The only showings to be at the open house Saturday April 22  between 12-2pm . All offers due by noon on Tuesday April 25.The seller reserves the right to accept an offer prior to deadline.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
            [0] => 220 Volts
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Staging And Personal Belongings
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 0
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
            [0] => Tile
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 0
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => 
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
            [0] => French Doors
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 07:01:20
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73099977
    [neighborhoods] => 
    [net_income_calc] => 52897
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 2
    [office] => Array
        (
            [id] => AN4438
            [name] => 1 Plus 1 Realty LLC.
            [phone] => 617-733-7754
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
            [0] => 1
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 575000
    [price_per_sqft] => 266.2
    [price_per_unit] => 287500
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => 2 Family - 2 Units Up/down
        )

[real_estate_tax] => 7103
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 13
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Closed
        )

[street_number] => 186
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 1
    [tax_year] => 2023
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 7103
    [total_gross_income] => 60000
    [total_parking] => 8
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 4
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 4
    [unit_2_floor] => 0
    [unit_2_lease] => Array
        (
            [0] => Y
        )

[unit_2_levels] => 0
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 186 College St, Amherst MA 01002
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
            [0] => No
        )

[water_views_features] => Array
        (
        )

[waterfront] => 
    [waterfront_features] => Array
        (
        )

[year_built] => 1828
    [year_built_details] => Unknown/Mixed
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 01002
    [zips] => 
    [zoning] => RG10
    [zoning_details] => 
    [media] => Array
        (
            [0] => https://www.bostonrealestate.com/wp-content/uploads/WPL/341984/MLS1.jpg
        )

[raw] => 
)

EXIT