337 Newton St, South Hadley, MA 01075 - MLS#73293465

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Adam Gustafson

adam@todayrealestate.com +1(781) 696-3049

$550,000

Est. payment - /mo

6 Beds

5 Baths

3,798 SqFt

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UPDATED:

10/31/2024 07:57 PM

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Pending

Purchase Type For Sale

Square Footage 3,798 sqft

Price per Sqft $144

MLS Listing ID 73293465

Bedrooms 6

Full Baths 5

Year Built 1925

Annual Tax Amount $5,949

Tax Year 2024

Lot Size 7,840 Sqft

Acres 0.18

Property 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!

Location

State MA

County Hampshire

Zoning RA2

Direction Corner of Newton Street & Lincoln Ave… just past South Hadley High School

Rooms

Basement Full, Bulkhead, Sump Pump, Concrete

Interior

Interior Features Laundry Room, Ceiling Fan(s), Bathroom With Tub & Shower, Pantry, Walk-In Closet(s), Bathroom with Shower Stall, Living Room, Kitchen, Living RM/Dining RM Combo

Heating Baseboard, Natural Gas, Electric

Cooling Window Unit(s)

Flooring Tile, Vinyl, Carpet, Laminate, Hardwood

Appliance Washer, Dryer, Range, Microwave, Refrigerator, Range Hood

Laundry Washer Hookup

Exterior

Exterior Feature Balcony/Deck

Garage Spaces 2.0

Community Features Public School

Utilities Available for Gas Range, for Electric Range, Washer Hookup

Waterfront false

Roof Type Shingle

Parking Type Paved Drive, Off Street, Paved

Total Parking Spaces 6

Garage Yes

Building

Lot Description Corner Lot, Level

Story 9

Foundation Block

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Naples Realty Group

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Adam Gustafson

+1(781) 696-3049

Broker Manager | License ID: 9565668

Broker Manager License ID: 9565668

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