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22-unit studio apartment building with strong cash flow and value-add potential. T-12 through May 2026 reflects approximately $189,000 NOI. Property features numerous upgrades, including plank flooring, LED lighting, composite decking, and four sets of coin-operated laundry equipment generating additional income. Opportunity exists to further increase revenue through operational improvements, potential heat pump installation, and possible expansion of basement space (subject to buyer verification, permits, and approvals).Property appraised at approximately $2.5M in 2023 prior to subsequent improvements and rent growth initiatives. Located in a desirable rental market with limited multifamily inventory. Seller financing, hard money, sale-leaseback, and other creative structures may be considered.

More Info

Basic Information

  • Gross Income $229,913
  • Mls StatusActive
  • Parcel Number 2484304

Tax Information

  • Tax Assessed Value $1,174,100
  • Tax Year 2026
  • Taxes$16,555

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive
  • Parking Spaces28

Rooms

  • Bathroom22
  • Bathrooms Total Decimal 22
  • Full Bath22

Basic Information

  • List Price$2,550,000
  • MLS Number73534182
  • Modification Date06/19/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Location

  • Address21 Dwight
  • Building Number21
  • CountyHampden
  • StateMA
  • StreetDwight
  • TownAgawam
  • Zip01001

Building

  • Building Area Units Square Feet
  • Construction Materials Brick
  • FoundationConcrete Perimeter
  • Levels 2
  • Rooms22
  • Stories2
  • Units22
  • Year Built1965
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.68

Exterior

  • RoofShingle

Utilities

  • Electric Expense 1567
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Other
  • Living Area 6,696
  • Lot Size Square Feet 29,800
  • Lot Size Units Acres
  • Square Feet6,696

Amenities

  • AmenitiesPublic Transportation, Park
  • Other AmenitiesBasement

Legal

  • Zoningres

Other

  • Date Listed06/11/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Russell J. Sabadosa of Premier Choice Realty

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