Well-maintained 6-unit multi-family in an excellent location near EastWorks and Downtown, offering strong upside potential. The property features a low-maintenance exterior and interior, is clean and well cared for, with a new roof membrane (Aug 2020) and a newly renovated back staircase/fire escape (Apr 2026).Long-term tenants with no leases provide flexibility for rent increases. Unit 3R, the 6th unit, is a 2-bedroom, 1-bath with kitchen and living room, gas heat, and a new refrigerator (Apr 2026), currently rented at $1,050/month. Tenants own washers/dryers; all other appliances are landlord-owned.Current cap rate is 5.5%, with rents below market ($1,600–$1,729). Pro forma cap rate reaches 8.5% at $1,600/month. Fire Department requires buyer to install a Fire Notification Panel. This is a solid investment opportunity with stable occupancy, minimal upkeep, and significant income growth potential in a highly desirable area.
This home has been viewed 6 times
Last Checked: April 26th, 2026 at 6:03am (Source: MLS PIN #73504629)
Gross Income: $56,700
Gross Expenses: $30,251
Net Income Calc: $26,449
Annual Expenses for 64-66 Pleasant St, Easthampton MA 01027
Total Gross Expenses (Calculated)$30,251/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8122.7
Annual Income & Unit Breakdown for 64-66 Pleasant St, Easthampton MA 01027
Total Gross Income (Calculated)$56,700
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
General Information for 64-66 Pleasant St, Easthampton MA 01027
Listing ID73504629
Property TypeMulti Family
Price995000 ($170.61/SqFt)
Style5+ Family - 5+ Units Side By Side
CityEasthampton
CountyHampshire
Neighborhood(s)
Approximate Living Area Total5832
Approximate Lot Size (Acres)0.08
Total Parking6
Garage Parking0
Year Built1910
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area180
Foundation Description
Accessible Features
Outdoor Space
ZoningR5
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 64-66 Pleasant St, Easthampton MA 01027
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsOutside Hot Tub.
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 64-66 Pleasant St, Easthampton MA 01027
Real Estate Taxes8122.7
Tax Year2026
Assessed Value$596,300
Financial Data SourceEstimated
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 64-66 Pleasant St, Easthampton MA 01027
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 64-66 Pleasant St, Easthampton MA 01027