Holyoke Brick 5 Family
|
Property Type:
|
Multi-Family
for Sale
Low-Rise/Garden
|
| Number of Units: |
5 Units |
| Building Size (RSF): |
2,650 SF
|
| Sale Price: |
$79,000 |
| Unit Price: |
$15,800.00 Per Unit |
| Property Status: |
Existing |
| Gross Building Area (GBA): |
3,800 SF |
| Total Land Size: |
1,630 SF |
| Distressed Property: |
Yes |
| Sale Terms: |
Cash to Seller |
| Last Updated: |
9/5/2010 |
|
5 unit brick building, each unit has separate gas fired hot water & heating system, tenants pay their own utilities. Water & sewer included in rent. Membrane roof installed April 2004.
|
| Nearest MSA: |
Springfield |
| County: |
Hampden |
| Property Use Type: |
Investment |
| Zoning: |
DR |
| Percent Occupied: |
60% |
| Single Bedroom Units: |
4 |
| Two Bedroom Units: |
1 |
| Market Type: |
Medium |
| Property Located Between: |
High St & Franklin St |
| Side of Street: |
North |
| Road Type: |
Paved |
| Transportation: |
Bus |
| Highway(s) Access: |
I-391 one block South |
| Airports: |
Bradley International |
| Total Number of Buildings: |
1 |
| Building Age: |
Vintage |
| Property Condition: |
Fair |
| Number of Stories: |
3 |
| Year Built: |
1890 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick, Wood Frame |
| Exterior Description: |
Common brick exterior |
| Parking Description: |
On-Street parking |
| Heat Type: |
Gas, Hot Water |
| Heat Source: |
Baseboard |
| Fuel: |
Gas |
| Air Conditioning: |
Window Unit |
| Interior Description: |
4 - 3 room-1 Bedroom units
1 - 4 Room-2 Bedroom unit |
| Zoning Description: |
Downtown Residential |
| Topography: |
Gently Sloping |
| Land Ownership |
Fee Simple |
| Legal Description: |
Hampden County Registry of Deeds Book 18162, Page 471 |
| Real Estate Taxes - Annual($): |
$2,646 |
| Tax Value Year: |
2009 |
| Tax Value Land: |
$16,600 |
| Tax Value Improvements: |
$169,200 |
| Assessment Year: |
2009 |
| Assessed Value - Total($): |
$185,800 |
| Potential Rental Income: |
$30,600 |
| Net Operating Income: |
$13,217 |
| Gross Rent Multiplier: |
3.27 |
| Gross Operating Income: |
$28,452 |
| Income & Expense Year: |
2009 |
| Actual or Proforma Year: |
Proforma |
2000 CensusDemographic Statistics |
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
22,854 |
79,089 |
132,238 |
| Median Age: |
29 |
36 |
37 |
| Households: |
8,576 |
31,573 |
53,011 |
| Avg. Household Income: |
$31,811 |
$42,773 |
$45,594 |
| More Demographic Statistics |
For More Information, Contact… |
| Note: The information presented herein is provided as is, without warranty of any kind. Neither The REALTORS® Commercial Alliance of Massachusetts nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
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