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Prime 5-Family Investment Property in Amherst! Located less than a mile from Amherst Center, this exceptionally well-maintained property offers tenants a walkable lifestyle - steps to restaurants, shopping, Amherst College, and close to UMass, with easy access to public transportation. Recent upgrades include a new Buderus heating system (approx. 2 years old). Each unit has separate electric meters, and their own water heater. All five units feature beautiful wood floors and private entrances, offering tenants comfort and independence. A large parking lot adds convenience for residents. All units are currently rented through May 2027 - a turnkey opportunity with immediate, stable rental income in one of the Pioneer Valley's most sought-after college-town markets.

More Info

Basic Information

  • Gross Income $118,260
  • Lot Features Cleared
  • Mls StatusActive
  • Parcel Number M:015A B:0000 L:0010
  • Rent Includes Unit 2(Heat), Unit 3(Heat), Unit 4(Heat)
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $1,031,200
  • Tax Year 2026
  • Taxes$17,438

School Information

  • High SchoolArlington
  • High School Arhs
  • Junior HighArms

Parking

  • Parking Features Off Street
  • Parking Spaces10

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms10
  • Full Bath6

Basic Information

  • List Price$1,350,000
  • MLS Number73546575
  • Modification Date07/12/2026
  • Property SubType5-9 Family

Location

  • Address702-704 Main Street
  • Building Number702-704
  • CountyHampshire
  • StateMA
  • StreetMain Street
  • TownAmherst
  • Zip01002

Building

  • BasementFull, Crawl Space, Bulkhead, Sump Pump, Unfinished
  • Building Area Units Square Feet
  • FoundationStone, Brick/Mortar
  • Levels 8
  • Patio And Porch Features Porch
  • Rooms21
  • Stories8
  • Units5
  • Utilities For Electric Range
  • Window Features Screens
  • Year Built1880
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.38

Interior

  • Flooring Wood, Vinyl
  • Interior Features Bathroom with Shower Stall, Internet Available - Broadband, Bathroom With Tub, Living Room, Kitchen

Exterior

  • Exterior Features Rain Gutters
  • RoofShingle, Rubber

Utilities

  • Electric Circuit Breakers, Individually Metered
  • Electric Expense 750
  • Heat SystemYes
  • Heating Forced Air, Oil, Baseboard, Electric
  • Sewer Public Sewer
  • Water Source Public, Individual Meter

Property Information

  • Building Area Source Public Records
  • Living Area 3,892
  • Lot Size Square Feet 16,335
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet3,892

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Golf
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • University
    • Walk/Jog Trails
  • Appliances IncludedRange, Refrigerator, Dishwasher, Microwave
  • Other AmenitiesBasement, Golf

Other

  • Date Listed07/08/2026
  • Farm Land Area Units Square Feet
  • View Count4

Map Location

Driving Directions

Listed by Matthew Crowner of William Raveis R.E. & Home Services

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