Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Active

20-22 Elmwood Ave, Holyoke MA 01040

$439,900

Estimated $1,241/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $219,950

Total Rent: 21600/year

Estimated CAP Rate:

6 Bedrooms

Baths

2456

Total Parking: 7 (2 Garage)

5,001 (0.11)

LET'S REAL ESTATE! A fantastic opportunity to own a move-in-ready two-family home situated on a low-traffic street in the sought-after Elmwood section of Holyoke! Offering the perfect combination of character, space, and functionality, this well-maintained property features two spacious units, 3 bedrooms,1 full bathroom per apartment with in-unit laundry. Both units showcase beautiful natural woodwork, gleaming hardwood floors, and classic layouts featuring formal living rooms, dining rooms, and kitchens. The second-floor unit has been tastefully renovated, while the first-floor unit is vacant, refreshed & ready for its next owner-occupant or tenant. Additional improvements include newer vinyl replacement windows, new interior doors, newer oil tanks, newer water heaters, a roof approximately 10 years old, and Dunkirk heating boilers of similar age. The attic presents endless possibilities with soaring high ceilings and a space made ready for your vision. Whether you're looking to owner-occupy and generate rental income or expand your investment portfolio, this property presents an excellent opportunity. Enjoy the charm of the Elmwood neighborhood, the convenience of a fully functional two-family layout, and the flexibility of having one unit ready for immediate occupancy. Don't miss your opportunity to make this versatile Holyoke property yours. Come on out & Let's Real Estate TOGETHER!

This home has been viewed 11 times

Last Checked: November 12th, 2026 at 8:13pm (Source: MLS PIN #73601519)

Gross Income: $21,600

Gross Expenses: $6,332

Net Income Calc: $15,268

Annual Expenses for 20-22 Elmwood Ave, Holyoke MA 01040

Total Gross Expenses (Calculated)$6,332/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6332

Annual Income & Unit Breakdown for 20-22 Elmwood Ave, Holyoke MA 01040

Total Gross Income (Calculated)$21,600

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 20-22 Elmwood Ave, Holyoke MA 01040

Listing ID73601519

Property TypeMulti Family

Price439900 ($179.11/SqFt)

StyleMulti Family

CityHolyoke

CountyHampden

Neighborhood(s)

Approximate Living Area Total2456

Approximate Lot Size (Acres)0.11

Total Parking7 (2 Garage)

Garage Parking2

Year Built1915

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR-2

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 20-22 Elmwood Ave, Holyoke MA 01040

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsDeep Freezer

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 20-22 Elmwood Ave, Holyoke MA 01040

Real Estate Taxes6332

Tax Year2026

Assessed Value$363,300

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 20-22 Elmwood Ave, Holyoke MA 01040

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 20-22 Elmwood Ave, Holyoke MA 01040

Agent

Name: Armando Olivares

Office

Name: Five Stars Realty LLC

Phone: 860-560-1500

Payment Calculator

, Interest

Property Taxes 527.67

Principal & Interest 2710.52

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Five Stars Realty LLC

Armando Olivares

Agent Phone

Office Phone

(860) 560-1500

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.11 acres (5,001 SqFt)
    [add_date] => 2026-11-12 20:13:38
    [address] => Elmwood Ave
    [agent] => Array
        (
            [address] => 185 Arcade Street
            [city] => Chicopee
            [id] => CN252083
            [name] => Armando Olivares
            [national_association] => 452520473
            [office] => AN8059
            [state] => MA
            [zip] => 01020
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
            [0] => Range
        )

[approx_living_area_total] => 2456
    [approx_lot_size_acres] => 0.11
    [approx_lot_size_sqft] => 5001
    [assessed_value] => $363,300
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 6
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Holyoke
    [community_features] => Array
        (
            [0] => Walk/jog Trails
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Hampden
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => LET'S REAL ESTATE! A fantastic opportunity to own a move-in-ready two-family home situated on a low-traffic street in the sought-after Elmwood section of Holyoke! Offering the perfect combination of character, space, and functionality, this well-maintained property features two spacious units, 3 bedrooms,1 full bathroom per apartment with in-unit laundry. Both units showcase beautiful natural woodwork, gleaming hardwood floors, and classic layouts featuring formal living rooms, dining rooms, and kitchens. The second-floor unit has been tastefully renovated, while the first-floor unit is vacant, refreshed & ready for its next owner-occupant or tenant. Additional improvements include newer vinyl replacement windows, new interior doors, newer oil tanks, newer water heaters, a roof approximately 10 years old, and Dunkirk heating boilers of similar age. The attic presents endless possibilities with soaring high ceilings and a space made ready for your vision. Whether you're looking to owner-occupy and generate rental income or expand your investment portfolio, this property presents an excellent opportunity. Enjoy the charm of the Elmwood neighborhood, the convenience of a fully functional two-family layout, and the flexibility of having one unit ready for immediate occupancy. Don't miss your opportunity to make this versatile Holyoke property yours. Come on out & Let's Real Estate TOGETHER!
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Deep Freezer
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
            [0] => Tile
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 2
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => 0
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2026-11-12 20:13:38
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
            [0] => None
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 2
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73601519
    [neighborhoods] => 
    [net_income_calc] => 15268
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 2
    [office] => Array
        (
            [id] => AN8059
            [name] => Five Stars Realty LLC
            [phone] => 860-560-1500
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
            [0] => 1
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
            [0] => Covered
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 439900
    [price_per_sqft] => 179.11
    [price_per_unit] => 219950
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => Multi Family
        )

[real_estate_tax] => 6332
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 12
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Active
        )

[street_number] => 20-22
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 1
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 1
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2026
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 6332
    [total_gross_income] => 21600
    [total_parking] => 7 (2 Garage)
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 3
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 3
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 20-22 Elmwood Ave, Holyoke MA 01040
    [utilities] => Array
        (
            [0] => 110 Volts
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => 0
    [waterfront_features] => Array
        (
        )

[raw] => 
)

EXIT

35 More Photos