Investment Analysis — 13 Center Street

Holyoke, MA 01040

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 01040 carries an estimated $3,285/mo in gross rent — about a 9.71% cap rate and $25,741/yr in estimated NOI at the $265,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,040

Style

Multi Family

Built

1848

Interesting & rare Attached 2-Family investment property with excellent income potential for owner-occupied or investor purchase at unique Hadleigh Mills Brick Row House Complex originally built about 1848 and totally refurbished in mid 1970s by Olde Holyoke Development Corporation to offer classic old style charm with all modern day convenience. 1st fl. has 3 room/1 bedroom 1 level apartment & 2nd fl. has 5 room/3 bedroom 2 level Townhouse Style each unit with spacious & comfortable living area, lead free compliance certificates and all updated efficient separate gas & electric utility services. Also has delightful open rear porches and fenced yard with quaint common courtyard walkway access. 13 Center St. abuts 11 Center St. which is also for sale by same owner (see MLS#73583935). 1st fl. unit is occupied. 2nd fl. just all redone, vacant (easy to show) & ready immediately. Near other neighborhood re-developed properties with easy access to all area amenities, Routes 391, 116, 202 and surrounding communities. Realistically priced opportunity well worth looking at.

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 MLS and other third-party data may be inaccurate or out of date.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.