Active
94 Days on market
181-183 High St Holyoke — Photo 1 of 4

181-183 High St Holyoke — Photo 1 of 4

Recent Drop: $25,000

$599,000
$574,000

$574,000

Investment Analysis — 181-183 High St

Holyoke, MA 01040

Based on rent reported on the MLS listing, a 7-unit multi-family in 01040 carries $4,300/mo in gross rent — about a 6.18% cap rate and $35,499/yr in estimated NOI at the $574,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

8

Baths

8

SqFt

5,068

Style

5-9 Family

Built

1850

Mixed-use investment opportunity with strong value-add potential! This property features an income-producing commercial church space, occupied residential units with long-term tenants, and additional studio apartments offering future income growth. Current rental income is generated from the commercial unit and residential tenants, while several units are undergoing renovations or require repairs to be converted into rentable studio apartments. Ideal for investors seeking to increase cash flow through improvements and lease-up opportunities. Conveniently located in downtown Holyoke, public transportation, shopping, and major routes. Property offers a unique combination of commercial and residential use with significant upside potential. Sold as-is.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$599,000
Annual Taxes$3,717

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms23
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofTar/Gravel
FoundationBrick/Mortar
ZoningBC

Property & Lot

Acres0.04
SqFt Lot1,742
Lot FeaturesLevel

Neighborhood

Public Transportation • Shopping • Highway Access • House of Worship • T-Station

Geography

Property History

Price Drop
$574,000

Was $599,000

Aug 28, 2026

MLS® 73534978

Listed
$599,000

Jun 11, 2026

MLS® 73534978

Listing Provided By

Listing Agent: Gilnerys Santana

Listing Office: Amaral & Associates RE

MLS® Number: 73534978