Active Under Contract
51 Days on market
55 Northampton St Easthampton — Photo 1 of 41

55 Northampton St Easthampton — Photo 1 of 41

$598,400

Investment Analysis — 55 Northampton St

Easthampton, MA 01027

Based on rent reported on the MLS listing, a 3-unit multi-family in 01027 carries $2,825/mo in gross rent — about a 3.21% cap rate and $19,187/yr in estimated NOI at the $598,400 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

3.5

SqFt

3,014

Style

3 Family

Built

1900

Don't miss this desirable Easthampton 3-family! Walking distance to the mill district's arts scene, its coffee and bakery culture, the bike path, and a downtown that keeps growing. Two units are leased and providing immediate cash flow- both spacious, with high ceilings, wood floors, and lots of natural light. The third is vacant and being remodeled: a standout 2-bedroom, 1.5-bath townhouse-style unit spanning two floors, 3 new mini splits, with separate basement & laundry, turnkey and ready to bring in strong market rents, or ideal for an owner-occupant who wants to live in the best unit and let the other two carry the mortgage. Efficient natural gas heat, separate utilities, and an owner's electrical panel keep operating costs distinct across all three units. A full basement offers plenty of storage, and ample off-street parking for three households is a real advantage. In-place rents are conservative relative to current asking rents on comparable Easthampton 2-beds. Priced to reflect in-place income, with room to grow — a great chance to add long-term appreciation potential to your portfolio in thriving Easthampton.

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 MLS and other third-party data may be inaccurate or out of date.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$598,400
Annual Taxes$6,577

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms13
FireplacesNone
FlooringWood, Vinyl, Laminate
BasementFull, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingNatural Gas, Ductless, Forced Air
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Rubber
FoundationStone, Brick/Mortar
ZoningR10

Property & Lot

Acres0.33
SqFt Lot14,448
Lot FeaturesEasements

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Laundromat • Public School

Geography

Listing Provided By

Listing Agent: Tess Coburnsalem

Listing Office: Delap Real Estate LLC

MLS® Number: 73553896