Active

14 Days on market

59 North St Northampton — Photo 1 of 42

$625,000

Investment Analysis — 59 North St

Northampton, MA 01060

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 01060 carries an estimated $4,020/mo in gross rent — about a 4.60% cap rate and $28,726/yr in estimated NOI at the $625,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,690

Style

2 Family - 2 Units Up/Down

Built

1890

Just moments away from the vibrant heart of Northampton, this charming two family home awaits its new owner. The property has been lovingly maintained over the years and could be considered turn-key for many buyers. Both units offer thoughtful layouts, beautiful hardwood floors, covered porches, central air, and an abundance of natural light. Other highlights include owned solar panels, efficient gas appliances, and individual utilities. The first floor unit features three comfortable bedrooms, a lovely kitchen with plenty of cabinets, and a separate living/dining room. The second floor unit features two generous bedrooms, a delightful living room with an adjoining office, an open kitchen, a quaint dining nook, and in-unit laundry. The bright, inviting four season sunroom is accessible to both units- A space fit for relaxation, entertaining, exercising, playtime, and the list goes on. The basement includes a bonus bathroom and a generous recreation room providing countless possibilities for use. With finishing touches, the large, open attic could lend even more space for indoor activities. Enjoy time outside by basking on the porch or tending to the established gardens. Located only .5 miles to downtown, you will find shops, restaurants, entertainment, and so much more. This attractive investment opportunity would make a wonderful abode for an owner-occupant looking to live in town or it could be a lucrative source of rental income after securing a second tenant. Schedule your showing today!

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.