22-unit studio apartment building with strong cash flow and value-add potential. T-12 through May 2026 reflects approximately $189,000 NOI. Property features numerous upgrades, including plank flooring, LED lighting, composite decking, and four sets of coin-operated laundry equipment generating additional income. Opportunity exists to further increase revenue through operational improvements, potential heat pump installation, and possible expansion of basement space (subject to buyer verification, permits, and approvals).Property appraised at approximately $2.5M in 2023 prior to subsequent improvements and rent growth initiatives. Located in a desirable rental market with limited multifamily inventory. Seller financing, hard money, sale-leaseback, and other creative structures may be considered.
This home has been viewed 23 times
Last Checked: June 20th, 2026 at 4:43am (Source: MLS PIN #73534182)
Gross Income: $24,600
Gross Expenses: $35,474
Net Income Calc: $10,874
Annual Expenses for 21 Dwight, Agawam MA 01001
Total Gross Expenses (Calculated)$35,474/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax16555
Annual Income & Unit Breakdown for 21 Dwight, Agawam MA 01001
Total Gross Income (Calculated)$24,600
Unit 1
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bathrooms
Rent Includes
Unit 4
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 21 Dwight, Agawam MA 01001
Listing ID73534182
Property TypeMulti Family
Price2550000 ($380.82/SqFt)
Style5+ Family - 5+ Units Up/down
CityAgawam
CountyHampden
Neighborhood(s)
Approximate Living Area Total6696
Approximate Lot Size (Acres)0.68
Total Parking28
Garage Parking0
Year Built1965
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
Zoningres
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 21 Dwight, Agawam MA 01001
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
ExclusionsBasement Fridge
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 21 Dwight, Agawam MA 01001
Real Estate Taxes16555
Tax Year2026
Assessed Value$1,174,100
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 21 Dwight, Agawam MA 01001
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 21 Dwight, Agawam MA 01001