Peter Saunders
REALTOR®
BEDS12
BATHS6 full
SQUARE FEET5,832
MLS#73504629
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Well-maintained 6-unit multi-family in an excellent location near EastWorks and Downtown, offering strong upside potential. The property features a low-maintenance exterior and interior, is clean and well cared for, with a new roof membrane (Aug 2020) and a newly renovated back staircase/fire escape (Apr 2026).Long-term tenants with no leases provide flexibility for rent increases. Unit 3R, the 6th unit, is a 2-bedroom, 1-bath with kitchen and living room, gas heat, and a new refrigerator (Apr 2026), currently rented at $1,050/month. Tenants own washers/dryers; all other appliances are landlord-owned.Current cap rate is 5.5%, with rents below market ($1,600??$1,729). Pro forma cap rate reaches 8.5% at $1,600/month. Fire Department requires buyer to install a Fire Notification Panel. This is a solid investment opportunity with stable occupancy, minimal upkeep, and significant income growth potential in a highly desirable area.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Bulkhead, Sump Pump, Concrete
Basement: Yes
Cooling: Window Unit(s)
Heating: Forced Air, Natural Gas, Electric
Lot Size: 0.08 Acres
Roof Type: Rubber
Stories: 5.0
Taxes: $8,122
Year Built: 1910
Amenities
Bathroom with Shower Stall
Smart Thermostat
Remodeled
Pantry
Walk-In Closet(s)
Living Room
Kitchen
Balcony/Deck
Feature Descriptions
Appliances: Range, Dishwasher, Refrigerator
Building Area Total: 5832
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, House of Worship, Private School, Public School, Sidewalks
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 1
Door Features: Insulated Doors, Storm Door(s)
Dwelling Type: 5+ Family - 5+ Units Side by Side
Electric: Circuit Breakers,100 Amp Service, Individually Metered, Varies per Unit
Exclusions: Washers & Dryers Belong To Tenants
Exterior: Brick
Flooring: Vinyl, Varies, Hardwood
Frontage: 46.00
HeatingY/N: 1
Laundry: Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Lot Features: Corner Lot, Level
Open Parking Y/N: Yes
Parcel Number: 3027796
Parking Features: Paved Drive, Off Street, Tandem, Paved
Parking Total: 6
Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Road Responsibility: Public Maintained Road
Rooms Total: 24
Sewer: Public Sewer
Skylight: Y
Units: 6
Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
Water: Public
Window Features: Skylight(s), Insulated Windows, Screens
Listed By / Shown By
Listed By
Agency Name: Brick & Mortar Northampton
Agency Phone: 413-259-8888
Agent Name: Deborah Cahillane
Shown By
Agent Name: Peter Saunders
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 3,181.48 per month $2,214.44 Principal & Interest $676.83 Property Tax $290.21 Homeowner's Insurance
64-66 Pleasant St | MLS# 73504629
This multi-family property located at 64-66 Pleasant St, Easthampton, MA 01027 is currently listed for sale with an asking price of $995,000. Search Easthampton real estate on petersaunders.masiellogrouprealestate.com today.