Do not miss this opportunity! Many updates have been done such as new roof, 75% of the units rehabbed, and the back porches/stairs have been rehabbed all in the last 12 months. Also brand new fire monitoring system was just installed. This property consists of 6 - 2 bedroom apartments, 8 - 1 bedroom apartments, 2 - 3 bedroom apartments, and 3 garage spaces which currently collect 650.00 per month. Also there is a carriage house with first floor office space and a 1 bedroom apartment above, both of which need some renovation and currently vacant. 16 units are completely rented with no vacancies and market rents could go higher within the next 6 months. Can be purchased with adjacent 121-123 Clemente St. which has 12 apartment units. All tenants pay their own utilities except for 1 - 3 bedroom apartment which has all utilities included in the rent. These utilities are shared with the garages and the carriage house. See attached Pro Forma.
Off market
Street View
$1,099,200
127-131 Clemente St, Holyoke, MA 01040
27beds
10,800sqft
MultiFamily
Built in 1900
-- sqft lot
$1,099,200 Zestimate®
$102/sqft
$1,350 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 27
- Bathrooms: 18
- Full bathrooms: 18
Interior area
- Total interior livable area: 10,800 sqft
Property
Parking
- Total spaces: 3
Features
- Exterior features: Brick
Lot
- Size: 9,583 sqft
Details
- Parcel number: M:0028 B:0003 L:5,2530304
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Holyoke
Other
Other facts
- Hea Dscrp 1: Gas
- Hea Dscrp 2: Gas
- Terms Feature: Contract For Deed
- Apod Available: Yes
- Hea Common: Gas
- Hea Dscrp 3: Gas
- Lot Description: Level
- Rnt Dscrp 1: Water
- Rnt Dscrp 2: Water
- Rnt Dscrp 3: Water
- Year Round: Yes
- Roof Material: Rubber
- Mf Type: 5+ Family - 5+ Units Up/Down
- Foundation: Brick
- Exterior: Brick
- Ife Common: Other (see Remarks)
- Rms Common: Office/Den
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$1,099,200
2% more+$21,984
With Zillow Showcase(estimated)$1,121,184