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554-556 Franklin St Ext, Agawam MA 01001

$574,900

Estimated $1,370.03/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $287,450

Total Rent: 15600/year

Estimated CAP Rate: 1.80%

5 Bedrooms

2 Full, 1 Half Baths

2,800 SqFt

Total Parking: 4

12,196 SqFt

Great opportunity for investors or owner-occupants! Built in 1988, this duplex features a massive vacant 3BR, 1.5BA unit with first-floor laundry—ready for immediate occupancy. The second unit is a solid 2BR/1BA and is currently occupied.

This home has been viewed 8 times

Last Checked: February 10th, 2026 at 6:08pm (Source: MLS PIN #73475709)

Gross Income: $15,600

Gross Expenses: $5,254

Net Income Calc: $10,346

CAP Rate: 1.80%

Annual Expenses for 554-556 Franklin St Ext, Agawam MA 01001

Total Gross Expenses (Calculated)$5,254/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,254

Annual Income & Unit Breakdown for 554-556 Franklin St Ext, Agawam MA 01001

Total Gross Income (Calculated)$15,600

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income$1,300

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingNo

Rent Includes

General Information for 554-556 Franklin St Ext, Agawam MA 01001

Listing ID73475709

Property TypeMulti Family / 2 Family

Price$574,900 ($205.32/SqFt)

Style2 Family - 2 Units Side By Side

CityAgawam

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total2,800 SqFt

Approximate Lot Size (Acres)0.28 acres

Total Parking4

Garage Parking

Year Built1988

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningIA

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 554-556 Franklin St Ext, Agawam MA 01001

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$15,600

Total Net Income By Broker$15,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 554-556 Franklin St Ext, Agawam MA 01001

Real Estate Taxes$5,254

Tax Year2025

Assessed Value$358,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$15,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$15,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.80%

Location Information for 554-556 Franklin St Ext, Agawam MA 01001

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 554-556 Franklin St Ext, Agawam MA 01001

Agent

Name: Mohammad Burhan

Office

Name: Berkshire Hathaway Home Service New England Properties

Phone: 860-633-3674

Payment Calculator

, Interest

Property Taxes 437.83

Principal & Interest 3542.35

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Berkshire Hathaway Home Service New England Properties

Mohammad Burhan

Agent Phone

Office Phone

(860) 633-3674

Text Agent Call Agent Call Office

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EXIT