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Sold for $565,000 on 11/21/24
  • $565,000

    337 Newton St, South Hadley, MA 01075

    6beds
    3,798sqft
    5+ Family - 5+ Units Up/Down
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $149/sqft
    $3,904 Estimated rent

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    $3,904/mo

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    $3,904/mo

    Rent Zestimate®

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    $3,587/mo

    Est. payment

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    $3,587/mo

    Est. payment

    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: November 26, 2024 at 10:30am

    Listed by:

    The Gerber Group,

    Naples Realty Group,

    Amanda Keough

    Bought with:

    Eve Crampton

    Berkshire Hathaway HomeServices Realty Professionals

    Source: MLS PIN,MLS#: 73293465

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Baseboard, Natural Gas, Electric
    Cooling
    • Window Unit(s)
    Appliances
    • Laundry: Washer Hookup
    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
    • Flooring: Tile, Vinyl, Carpet, Laminate, Hardwood
    • Windows: Picture Window
    • Basement: Full,Bulkhead,Sump Pump,Concrete
    • Has fireplace: No
    Interior area
    • Total structure area: 3,798
    • Total interior livable area: 3,798 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Paved Drive, Off Street, Paved
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Exterior features: Balcony/Deck
    Lot
    • Size: 7,838 sqft
    • Features: Corner Lot, Level
    Details
    • Foundation area: 0
    • Parcel number: M:0027 B:0292 L:0000,3061415
    • Zoning: RA2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Family - 5+ Units Up/Down
    Materials
    • Frame
    • Foundation: Block
    • Roof: Shingle
    Condition
    • Year built: 1925

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range, for Electric Range, Washer Hookup

    Community & neighborhood

    Community
    • Community features: Public School
    Location
    • Region: South Hadley

    HOA & financial

    Other financial information
    • Total actual rent: 8100