337 Newton StreetSouth Hadley, MA 01075MLS Number 73293465

  • Price: $550,000
  • Est. Mortgage of $/month
  • 14 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.12% last updated on Oct 3, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 6Bedrooms
  • 0.18Acreage
  • 5Bathrooms
  • 1925Year Built

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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!
Listed by The Gerber Group of Naples Realty Group

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Basic Information

  • Contingency Pending P&S
  • Gross Income $83,816
  • Lot Features Corner Lot, Level
  • Mls StatusContingent
  • Parcel Number M:0027 B:0292 L:0000,3061415
  • Rent Includes Unit 1(Heat, Electric, Hot Water), Unit 2(Heat, Hot Water), Unit 3(Heat, Electric, Hot Water), Unit 4(Heat, Electric, Hot Water)

Building

  • BasementFull, Bulkhead, Sump Pump, Concrete
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationBlock
  • Garage Spaces2
  • Rooms17
  • Stories9
  • Units5
  • Utilities For Gas Range, For Electric Range, Washer Hookup
  • Window Features Picture Window
  • Year Built1925
  • Year Built Details Renovated Since
  • Year Built Source Public Records

Amenities

  • AmenitiesPublic School
  • Appliances IncludedWasher, Dryer, Range, Microwave, Refrigerator, Range Hood
  • Other AmenitiesBasement

Tax Information

  • Tax Assessed Value $357,300
  • Tax Year 2024
  • Taxes$5,949

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms6
  • Full Bath5

Location

  • Address337 Newton Street
  • Building Number337
  • CountyHampshire
  • StateMA
  • StreetNewton Street
  • TownSouth Hadley
  • Zip01075

Exterior

  • Exterior Features Balcony/Deck
  • RoofShingle

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Electric Circuit Breakers,100 Amp Service, Individually Metered
  • Electric Expense 673
  • Heat SystemYes
  • Heating Baseboard, Natural Gas, Electric
  • Sewer Public Sewer
  • Water Source Public

Other

  • Date Listed09/23/2024
  • Farm Land Area Units Square Feet
  • View Count13

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces6

Basic Information

  • List Price$550,000
  • MLS Number73293465
  • Modification Date10/03/2024
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date09/30/2024

Property

  • Acreage0.18

Interior

  • Flooring Tile, Vinyl, Carpet, Laminate, Hardwood
  • Interior Features
    • Bathroom With Tub & Shower
    • Bathroom with Shower Stall
    • Ceiling Fan(s)
    • Kitchen
    • Laundry Room
    • Living RM/Dining RM Combo
    • Living Room
    • Pantry
    • Walk-In Closet(s)

Property Information

  • Building Area Source Public Records
  • Living Area 3,798
  • Lot Size Square Feet 7,838
  • Lot Size Units Acres
  • Square Feet3,798
Taylor Real Estate
Taylor Real Estate
Office: 413-527-3375
4 Liberty Street, Suite A
Easthampton, MA 01027

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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