81 Bridge St - Apartments FOR SALE


Northampton, MA 01060
$2,950,000 USD
413-575-3586
81 Bridge St, Northampton, MA for Sale
$2,950,000 USD
Apartments - FOR SALE
1/73
null | 6.93% Cap Rate

81 Bridge St
Northampton, MA 01060


HIGHLIGHTS

  • Walk to Downtown
  • Highway Access
  • On Site Parking
  • Coin Op Laundry
  • Close to Smith College, Umass, and Amherst College

OVERVIEW

Solid income stream at this downtown Northampton 12-unit apartment building, and the proximity to downtown cannot be beat. The 12 apartments are either 1- or 2-bedroom units and are rented through August 2027 at market rate rents. Owner has never had a vacancy. New stairs and 2nd/3rd floor egress, new heating systems, new paint, well maintained building with laundry and dry basement. Parking for 12+ cars. Common areas and units share character and charm with period details. Expenses available at showings. Leases available for review with an accepted offer. A representative number of units will be shown at first showings.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$252 USD /SF

# OF UNITS

12

PRICE/UNIT

$245,833

CAP RATE

6.93%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

81 Bridge St.

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,404 SF

ZONING

URC

APN/PARCEL ID

NHAM-000032A-000184-000001

ASK ABOUT THIS PROPERTY

Robert GogginsFive College RealtorsMore Info
413-575-3586

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

Robert GogginsFive College RealtorsMore Info
413-575-3586

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