15-24 Paquette & 142-144 West St ave - Apartments FOR SALE


Northampton, MA 01060
$2,495,000 USD
413-404-8191
15-24 Paquette & 142-144 West St ave, Northampton, MA for Sale
$2,495,000 USD
Apartments - FOR SALE
1/19
null | 5.1% Cap Rate

15-24 Paquette & 142-144 West St ave
Northampton, MA 01060


HIGHLIGHTS

  • Walking Distance to Downtown
  • Most Units have been updated and renovated
  • Seperately metered utilities

OVERVIEW

Rare investment opportunity! Be the next owner of this turnkey, highly profitable, 11-unit rental compound located on a private road off Rt. 66. Neighboring Smith College facilities and walking distance to downtown. This package consists of four duplexes on Paquette Ave. and a three-unit multi-family on West St. Most units have been beautifully renovated and updated to a high-end finish. Hardwood floors, stainless steel appliances, washer & dryer in each unit, separately metered utilities, ample parking, and plenty of storage. Updated units have granite counters, new cabinets, new appliances, updated plumbing, heating, and electrical. Be the next owner of this high-performance investment opportunity. All units can be converted into condos by right. Showings start Sat. 6/6, 9:00-11:00 AM and Sun. 6/7, 10:00 AM-Noon. 30 min. time slots. Call Joseph 413-404-8191 All tenants have leases. Unit 17 will vacate by July 1st. Unit will be updated, and rent increased. Accompanied group showings by appointment start Saturday, 6/6, 9-11 AM, and Sunday, 6/7, 10 AM - Noon. Buyer to verify all information. Expense sheet, rent roll, unit info, and APO improvements attached.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$253 USD /SF

# OF UNITS

11

PRICE/UNIT

$226,818

CAP RATE

5.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.28 AC

LAND SF

55,799 SF

ZONING

URB

APN/PARCEL ID

NHAM-000038B-000002-000001

ASK ABOUT THIS PROPERTY

Joseph BialekDelap Real EstateMore Info
413-404-8191

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Joseph BialekDelap Real EstateMore Info
413-404-8191

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.