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861 Main St Holyoke, MA 01040
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Key Details
Sold Price $375,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 72421781
Sold Date 09/27/19
Bedrooms 30
Full Baths 13
Year Built 1910
Annual Tax Amount $6,959
Tax Year 2017
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Opportunity is knocking. These buildings offer a 15% Capitalization Rate. Where else can you make that much on your money. Thirteen total units with ranging from 1 - 3 bedrooms. Prime location in Holyoke within minutes of 391, 91, The Pike and The Holyoke Mall at Ingleside. Located across the street from a large town park and plenty of fishing along the banks of the Connecticut River. All units have their own heat, hot water and electricity. The income potential is outstanding. Vacancy rates are almost nil as these units go fast when they become available.
Location
State MA
County Hampden
Area Springdale
Zoning DR
Direction Main Street in Holyoke across from Springdale Park.
Rooms
Basement Full, Concrete
Exterior
Exterior Feature Rain Gutters
Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School
Roof Type Shingle, Rubber
Garage No
Building
Lot Description Cleared, Level
Story 9
Foundation Concrete Perimeter, Brick/Mortar
Sewer Public Sewer
Water Public
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Bought with Brian Griffin • Aprilian Inc.