LOCATION !! LOCATION !! LOCATION!! Contractor and Investor Special!! Motivated Seller !!! Priced to Sell. This a 9 unit building that needs Complete Rehab. 6 units out of the 9 are gutted. There is still debris throughout. The current zoning allows more units on this property if you would like to add more. There are 10 garages behind the building for your future tenants. Building is located one street away from Downtown and basically right across from the YMCA. Potential rental monthly income for each unit is around $1,600 or more which would add up to an average of $172,800 YEARLY INCOME!!!. Buyer and buyer’s agent to do their due diligence.This a perfect property for someone that can make it happen. Proof of funds is required to schedule a showing. 9 units and 10 garages for the price of a house WOW!! Don’t miss out on this CASH COW!!
Sold for $160,000 on 02/02/23
$160,000
115-119 Cabot St, Holyoke, MA 01040
27beds
11,220sqft
5-9 Family
Built in 1910
-- sqft lot
$960,700 Zestimate®
$14/sqft
$1,336 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 02, 2023 at 03:52pm
Listed by:
Esteban Adon,
RE/MAX Prof Associates
Bought with:
Zaisha Robert
SR Commercial Realty
Source: MLS PIN,MLS#: 72798030
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 27
- Bathrooms: 9
- Full bathrooms: 9
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 11,220
- Total interior livable area: 11,220 sqft
Property
Parking
- Total spaces: 10
- Parking features: Garage
- Garage spaces: 10
Lot
- Size: 7,841 sqft
- Features: Corner Lot
Details
- Parcel number: 2529788
- Zoning: DR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Rubber
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Highway Access, House of Worship, Public School
Location
- Region: Holyoke
HOA & financial
Other financial information
- Total actual rent: 12150
Other
Other facts
- Listing terms: Contract
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$960,700
2% more+$19,214
With Zillow Showcase(estimated)$979,914