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Expired

502 Main St, Amherst MA 01002

$549,000

Estimated $1,593/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $274,500

Total Rent: 52800/year

Estimated CAP Rate:

4 Bedrooms

Baths

2164

Total Parking: 7 (1 Garage)

17,700 (0.41)

Rare opportunity to own a multi family property that's also zoned Commercial Business Neighborhood District. (see attached list of potential uses. Buyer to verify all uses) Located close to UMass, Amherst College and Amherst center. Close to PVTA stops, shopping and restaurants! This property has a long rental history! Huge landscaped yard and plenty of off street parking. Don't miss your chance to own this wonderful investment opportunity! Optional 2nd floor lease starting June 1st at the buyer's choice.

This home has been viewed 57 times

Last Checked: May 7th, 2024 at 8:55am (Source: MLS PIN #73113039)

Gross Income: $52,800

Gross Expenses: $8,434

Net Income Calc: $44,366

Annual Expenses for 502 Main St, Amherst MA 01002

Total Gross Expenses (Calculated)$8,434/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8434

Annual Income & Unit Breakdown for 502 Main St, Amherst MA 01002

Total Gross Income (Calculated)$52,800

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 502 Main St, Amherst MA 01002

Listing ID73113039

Property TypeMulti Family

Price549000 ($253.7/SqFt)

StyleMulti Family

CityAmherst

CountyHampshire

Neighborhood(s)

Approximate Living Area Total2164

Approximate Lot Size (Acres)0.41

Total Parking7 (1 Garage)

Garage Parking1

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningCOM

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 502 Main St, Amherst MA 01002

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSee Info Pack

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 502 Main St, Amherst MA 01002

Real Estate Taxes8434

Tax Year2023

Assessed Value$419,600

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 502 Main St, Amherst MA 01002

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 502 Main St, Amherst MA 01002

Agent

Name: Maggi Group

Office

Name: Century 21 North East

Phone: 800-844-7653

Payment Calculator

, Interest

Property Taxes 702.83

Principal & Interest 3382.76

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 North East

Maggi Group

Agent Phone

Office Phone

(800) 844-7653

Text Agent Call Agent Call Office

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    [unparsed] => 502 Main St, Amherst MA 01002
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EXIT