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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.
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Basic Information
- Gross Income $85,020
- Lot Features Corner Lot, Level
- Mls StatusActive
- Parcel Number 3027796
- Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Road Frontage DescriptionPaved
Tax Information
- Tax Assessed Value $596,300
- Tax Year 2026
- Taxes$8,122
Parking
- Open Parking YN Yes
- Parking Features Paved Drive, Off Street, Tandem, Paved
- Parking Spaces6
Rooms
- Bathroom6
- Bathrooms Total Decimal 6
- Bedrooms12
- Full Bath6
Basic Information
- List Price$995,000
- MLS Number73504629
- Modification Date04/25/2026
- Property SubType5+ Family - 5+ Units Side by Side
Location
- Address64-66 Pleasant Street
- Building Number64-66
- CountyHampshire
- StateMA
- StreetPleasant Street
- TownEasthampton
- Zip01027
Building
- BasementFull, Bulkhead, Sump Pump, Concrete
- Building Area Units Square Feet
- Construction Materials Brick
- Door Features Insulated Doors, Storm Door(s)
- FoundationBrick/Mortar
- Foundation Area 180
- Levels 5
- Rooms24
- Stories5
- Units6
- Utilities For Gas Range, For Electric Range, For Electric Dryer, Washer Hookup, Varies Per Unit
- Window Features Skylight(s), Insulated Windows, Screens
- Year Built1910
- Year Built Details Actual
- Year Built Source Public Records
Property
- Acreage0.08
- Frontage Length 46
Interior
- Flooring Vinyl, Varies, Hardwood
- Interior Features
- Bathroom with Shower Stall
- Kitchen
- Living Room
- Pantry
- Remodeled
- Smart Thermostat
- Walk-In Closet(s)
Exterior
- Exterior Features Balcony/Deck
- RoofRubber
Utilities
- Cooling Window Unit(s)
- Cooling YN Yes
- Electric Circuit Breakers,100 Amp Service, Individually Metered, Varies per Unit
- Electric Expense 463
- Heat SystemYes
- Heating Forced Air, Natural Gas, Electric
- Sewer Public Sewer
- Water Source Public
Property Information
- Building Area Source Public Records
- Living Area 5,832
- Lot Size Square Feet 3,485
- Lot Size Units Acres
- Road Responsibility Public Maintained Road
- Square Feet5,832
Amenities
- Amenities
- Bike Path
- House of Worship
- Laundromat
- Park
- Private School
- Public School
- Public Transportation
- Shopping
- Sidewalks
- Walk/Jog Trails
- Appliances IncludedRange, Dishwasher, Refrigerator
- Green Energy Efficient Thermostat, Varies per Unit
- Other AmenitiesBasement
Legal
- ZoningR5
Other
- Date Listed04/21/2026
- Farm Land Area Units Square Feet
- View Count3
Map Location
Listed by Deborah Cahillane of Brick & Mortar Northampton
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