Come see this well-priced 4-family right in the heart of Holyoke. Steps away from the public library with easy access to downtown or the major routes. All 4 units are leased and cash flowing with potential for significant upside on rents in the future. Garage on site that ca...
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Last Checked: May 13th, 2025 at 5:45am (Source: MLS PIN #73364447)
Gross Income: $56,700
Gross Expenses: $15,556
Net Income Calc: $41,144
CAP Rate: 10.69%
Annual Expenses for 232 Elm Street, Holyoke MA 01040
Total Gross Expenses (Calculated)$15,556/year
APOD AvailableNo
Heating
Electricity$1,000
Water$2,700
Gas$2,700
Insurance
Sewer$2,700
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,856
Annual Income & Unit Breakdown for 232 Elm Street, Holyoke MA 01040
Total Gross Income (Calculated)$56,700
Unit 1
Rental Income$1,100
LeaseY
Bedrooms4
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,200
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,125
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$1,300
LeaseY
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 232 Elm Street, Holyoke MA 01040
Listing ID73364447
Property TypeMulti Family / 4 Family
Price$385,000 ($88.47/SqFt)
Style4 Family - 4 Units Up/down
CityHolyoke
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total4,352 SqFt
Approximate Lot Size (Acres)0.16 acres
Total Parking1
Garage Parking1 / Detached
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor SpacePorch
ZoningDR
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesScreens
Terms
Disclosures for 232 Elm Street, Holyoke MA 01040
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$10,700
Total Gross Income By Broker$56,700
Total Net Income By Broker$46,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 232 Elm Street, Holyoke MA 01040
Real Estate Taxes$4,856
Tax Year2025
Assessed Value$275,500
Financial Data SourceOwner
Total Gross Expenses By Broker$10,700
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$56,700
BostonRealEstate.com Gross Income
Total Net Income By Broker$46,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)10.69%
Location Information for 232 Elm Street, Holyoke MA 01040
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHouse Of Worship, Public School, Public Transportation, Other
Contact Information for 232 Elm Street, Holyoke MA 01040