Mixed-use investment opportunity with strong value-add potential! This property features an income-producing commercial church space, occupied residential units with long-term tenants, and additional studio apartments offering future income growth. Current rental income is generated from the commercial unit and residential tenants, while several units are undergoing renovations or require repairs to be converted into rentable studio apartments. Ideal for investors seeking to increase cash flow through improvements and lease-up opportunities. Conveniently located in downtown Holyoke, public transportation, shopping, and major routes. Property offers a unique combination of commercial and residential use with significant upside potential. Sold as-is.
This home has been viewed 11 times
Last Checked: June 12th, 2026 at 4:58pm (Source: MLS PIN #73534978)
Gross Income: $32,400
Gross Expenses: $3,717
Net Income Calc: $28,683
Annual Expenses for 181-183 High St, Holyoke MA 01040
Total Gross Expenses (Calculated)$3,717/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax3717
Annual Income & Unit Breakdown for 181-183 High St, Holyoke MA 01040
Total Gross Income (Calculated)$32,400
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 181-183 High St, Holyoke MA 01040
Listing ID73534978
Property TypeMulti Family / 5+ Family
Price599000 ($118.19/SqFt)
Style5-9 Family
CityHolyoke
CountyHampden
Neighborhood(s)
Approximate Living Area Total5068
Approximate Lot Size (Acres)0.04
Total Parking0
Garage Parking0
Year Built1850
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningBC
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 181-183 High St, Holyoke MA 01040
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsFurniture
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 181-183 High St, Holyoke MA 01040
Real Estate Taxes3717
Tax Year2026
Assessed Value$230,700
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 181-183 High St, Holyoke MA 01040
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 181-183 High St, Holyoke MA 01040