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!
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
Owner options
What's special
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