BUY TODAY AND PROFIT TOMORROW! Let your tenants pay your mortgage! This 3 family home offers lots of opportunity situated in a convenient location close to area amenities with great access to Rt. 5 and 91. 1st & 2nd floor units offer similar spacious layouts w/Large Living Room/ Dining room / Eat-In Kitchens w/walk in pantry / 2 Bedrooms / Full Bathroom and an Enclosed Porch. 3rd Floor offers a spacious Living Room / Eat-In Kitchen / 1 Bedroom & Full Bathroom. There are separate utilities / gas heat & hot water for all 3 units. 1st & 2nd floor have great long term tenants in place who would love to stay however with no current lease in place the option is yours to do as you please. The 3rd floor is completely empty and ready to go! There is even a 2 car garage making for plenty of extra storage space. A sweet backyard & cozy front porch offer a couple of different places to relax after a long day. With some rent increases to match going rents you'll have tremendous cash flow!
This home has been viewed 47 times
Last Checked: May 7th, 2024 at 8:31am (Source: MLS PIN #73105648)
Gross Income: $18,300
Gross Expenses: $5,153
Net Income Calc: $13,147
CAP Rate: 4.24%
Annual Expenses for 364-366 Hillside Ave, Holyoke MA 01040
Total Gross Expenses (Calculated)$5,153/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,153
Annual Income & Unit Breakdown for 364-366 Hillside Ave, Holyoke MA 01040
Total Gross Income (Calculated)$18,300
Unit 1
Rental Income$725
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$800
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent Includes
General Information for 364-366 Hillside Ave, Holyoke MA 01040
Listing ID73105648
Property TypeMulti Family / 3 Family
Price$310,000 ($116.8/SqFt)
Style3 Family - 3 Units Up/down
CityHolyoke
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total2,654 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking3 (2 Garage)
Garage Parking2 / Detached
Year Built1923
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel, Cleared
Foundation Area0
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor Space
ZoningR-2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 364-366 Hillside Ave, Holyoke MA 01040
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$9,600
Total Net Income By Broker$9,600
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 364-366 Hillside Ave, Holyoke MA 01040
Real Estate Taxes$5,153
Tax Year2023
Assessed Value$274,700
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$9,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$9,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.24%
Location Information for 364-366 Hillside Ave, Holyoke MA 01040
Elementary School
Middle School
High School
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, Private School, University
Contact Information for 364-366 Hillside Ave, Holyoke MA 01040