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Active Under Contract

734 Main Street, Amherst MA 01002

$1,080,000

Estimated $2,525.21/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $360,000

Total Rent: 92400/year

Estimated CAP Rate: 6.32%

10 Bedrooms

3 Full Baths

3,532 SqFt

Total Parking: 10

10,790 SqFt

Attention Investors! Rare opportunity to own a well-maintained 3-family on Main Street in Amherst with strong rental history and low operating expenses. Featuring 10 bedrooms, natural gas heat, and separate water, gas, and electric meters for each unit plus an owner’s electric meter. Tenants pay all utilities except common electric. Updates include replacement windows, new roof in 2011 (stripped with new plywood/shingles), new kitchen cabinets and granite counters in Unit 2, and updated kitchen in Unit 3. Unit 1 has a high-efficiency gas furnace. Located at PVTA bus stop with Comcast available. A nicely paved common parking lot at the rear offers ample parking for tenants. Rents are below market with excellent potential to increase NOI in 2026. Don’t miss this income-producing property!

This home has been viewed 15 times

Last Checked: June 20th, 2025 at 4:43am (Source: MLS PIN #73388058)

Gross Income: $92,400

Gross Expenses: $24,122

Net Income Calc: $68,278

CAP Rate: 6.32%

Annual Expenses for 734 Main Street, Amherst MA 01002

Total Gross Expenses (Calculated)$24,122/year

APOD AvailableYes

Heating

Electricity$370

Water$1,029

Gas$1,029

Insurance$2,092

Sewer$1,029

Trash Removal

Repair & Maintenance$5,884

Management$5,459

Miscellaneous

Real Estate Tax$9,288

Annual Income & Unit Breakdown for 734 Main Street, Amherst MA 01002

Total Gross Income (Calculated)$92,400

Unit 1

Rental Income$3,000

LeaseY

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income$3,000

LeaseY

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$1,700

Lease

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 734 Main Street, Amherst MA 01002

Listing ID73388058

Property TypeMulti Family / 3 Family

Price$1,080,000 ($305.78/SqFt)

Style3 Family

CityAmherst

CountyHampshire

MLS Area

Neighborhood(s)

Approximate Living Area Total3,532 SqFt

Approximate Lot Size (Acres)0.25 acres

Total Parking10

Garage Parking

Year Built1850

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor SpacePorch

ZoningRG

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 734 Main Street, Amherst MA 01002

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$25,695

Total Gross Income By Broker$92,400

Total Net Income By Broker$66,705

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 734 Main Street, Amherst MA 01002

Real Estate Taxes$9,288

Tax Year2025

Assessed Value$505,300

Financial Data SourceOwner

Total Gross Expenses By Broker$25,695

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$92,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$66,705

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.32%

Location Information for 734 Main Street, Amherst MA 01002

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesPublic School, Shopping, Public Transportation, University

Contact Information for 734 Main Street, Amherst MA 01002

Agent

Name: Stacy Ashton

MLS ID: CT002003

Office ID: AN8305

National Association ID: 452507760

Address: 76 Masterson Road

City: Whately

State: MA

Zip: 01093

Office

Name: Ashton Realty Group Inc.

MLS Office ID: AN8305

Phone: 413-345-2576

Payment Calculator

, Interest

Property Taxes 774

Principal & Interest 6654.62

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Ashton Realty Group Inc.

Stacy Ashton

Agent Phone

Office Phone

(413) 345-2576

Text Agent Call Agent Call Office

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EXIT

Active Under Contract

734 Main Street, Amherst MA 01002

$1,080,000

Annual Expenses for 734 Main Street, Amherst MA 01002

Annual Income & Unit Breakdown for 734 Main Street, Amherst MA 01002

General Information for 734 Main Street, Amherst MA 01002

Disclosures for 734 Main Street, Amherst MA 01002

Financial Information for 734 Main Street, Amherst MA 01002

Location Information for 734 Main Street, Amherst MA 01002

Contact Information for 734 Main Street, Amherst MA 01002

Agent

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Exclusive Listing Agent

Ashton Realty Group Inc.

Stacy Ashton