337 Newton St South Hadley, MA SOLD

$565,000
Beds 6
Baths 5
Square Feet 3,798
Acres 0.18
Photo of 337 Newton St South Hadley MA 01075

Sold By

Eve Crampton, Berkshire Hathaway HomeServices Realty Professionals



Description

Profitable 5 family in a desirable South Hadley neighborhood! Four units are 1 bedroom 1 bathroom apartments with one 2 bedroom unit on the 3rd Floor. Roof was replaced in 2010. Coin operated washer & dryer in the basement. Separate 100amp electric meters for all units including an owner’s meter. One gas hot water tank (approx 5 years old) for the building so hot water is included in all rents. Gas boiler was installed a couple years ago & is plumbed to add an indirect water heater. Boiler provides heat for 3 units (1st Floor Left, 1st Floor Right, & 2nd Floor Front). 6 parking spaces available to tenants including a 2 car detached garage. Current owner rents a couple of the units with AirBnB while the others are longer term tenants. Please see the attached documents for an income & expense report and a full breakdown of average rental income of each unit along with what each unit’s rent includes. Don’t miss your chance to capitalize on this amazing investment opportunity!


Listed by Naples Realty Group, The Gerber Group
Sold by Berkshire Hathaway HomeServices Realty Professionals, Eve Crampton

Details

MLS 73293465
Status Closed
Price $565,000
DOM 59 days
Type Multi-Family
Beds 6
Total Baths 5 full baths
Square Feet 3,798 sqft
Garage Spaces 2
Lot Size 0.18 acres
Year Built 1925

Lot & Building Features

Appliances Dryer, Washer, Refrigerator, Range Hood, Range, Microwave
Construction Frame
Cooling Window Unit(s)
Heating Baseboard, Natural Gas, Electric
Sewer Public Sewer
Tax Year 2024
Taxes Paid $5,949
Water Public
Foundation Block
Exterior Features Balcony/Deck
Interior Features Bathroom with Shower Stall, Walk-In Closet(s), Pantry, Living Room, Living RM/Dining RM Combo, Laundry Room, Kitchen, Ceiling Fan(s), Bathroom With Tub & Shower
Roof Shingle
Full Baths 5
Parking Off Street, Paved Drive, Paved
Total Rooms 17
Basement Feature Bulkhead, Sump Pump, Full, Concrete
Garage Spaces 2

Map

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.