Premier property in a premier location. Unique opportunity to live economically along one of the Highlands’ most beautiful, quiet, single-family streets. This exceptional two-family home was completely redesigned and down to the studs remodeled in 2021. Enjoy peace of mind that comes with all-new insulation, framing, wood windows, electrical, plumbing, and high-end fixtures, all while preserving the home's original, repurposed architectural character and New England charm. This property features an oversized lot with a fenced-in backyard, and a distinct carriage house garage complete with a separate entrance and a full second floor – fun, usable space for a studio, storage, workshop, and other creative ideas. 1st floor: 2 bedrooms, fully vacant, 2nd floor: Occupied on a tenancy-at-will lease at $2,450/month.
This home has been viewed 37 times
Last Checked: June 19th, 2026 at 4:33am (Source: MLS PIN #73530938)
Gross Income: $29,400
Gross Expenses: $7,022
Net Income Calc: $22,378
Annual Expenses for 173-177 Madison Ave, Holyoke MA 01040
Total Gross Expenses (Calculated)$7,022/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7022
Annual Income & Unit Breakdown for 173-177 Madison Ave, Holyoke MA 01040
Total Gross Income (Calculated)$29,400
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
Rent IncludesHeat
General Information for 173-177 Madison Ave, Holyoke MA 01040
Listing ID73530938
Property TypeMulti Family / 2 Family
Price699000 ($201.04/SqFt)
Style2 Family - 2 Units Up/down
CityHolyoke
CountyHampden
Neighborhood(s)
Approximate Living Area Total3477
Approximate Lot Size (Acres)0.47
Total Parking10 (2 Garage)
Garage Parking2
Year Built1910
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR-1
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 173-177 Madison Ave, Holyoke MA 01040
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOwner
ExclusionsSee Disclosures
Financial Data Source
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 173-177 Madison Ave, Holyoke MA 01040
Real Estate Taxes7022
Tax Year2025
Assessed Value$402,200
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 173-177 Madison Ave, Holyoke MA 01040
Neighborhood(s)
Area Amenities
Contact Information for 173-177 Madison Ave, Holyoke MA 01040