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.
- Heating System:
- Forced Air, Electric, Natural Gas
- Cooling System:
- Window Unit(s)
- Basement:
- Full, Bulkhead, Sump Pump, Concrete
- Parking:
- Tandem, Off Street, Paved, Paved Drive
- Appliances:
- Range, Dishwasher, Refrigerator
- Construction:
- Brick
- Exterior Unit Features:
- Balcony/deck
- Flooring:
- Vinyl, Hardwood, Varies
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Electric Feature:
- Circuit Breakers, Individually Metered, Varies Per Unit, 100 Amp Service
- Garage Parking
- Interior Features:
- Kitchen, Walk-in Closet(s), Pantry, Bathroom With Shower Stall, Living Room, Smart Thermostat, Remodeled
- Lead Paint:
- Unknown
- Laundry Features:
- Washer Hookup, Electric Dryer Hookup, Washer & Dryer Hookup
- Road Type:
- Paved
- Rent Fee Includes:
- Unit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
- Parking Spaces:
- 6
- Tax Year:
- 2026
- Status:
- Active
- Price Per Sqft:
- $171
- Zoning:
- R5
- No Units:
- 6
- Orig Price:
- $995,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Easthampton
- State:
- MA
- County:
- Hampshire
- Postal Code:
- 01027
- Longitude:
- W73° 20' 0.2''
- Latitude:
- N42° 16' 20.2''
Residential Income
64-66 Pleasant St, Easthampton, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $995,000
- Bedrooms :
- 12
- Rooms :
- 24
- Total Bathrooms :
- 6
- Full Bathrooms :
- 6
- Square Footage :
- 5,832 Sqft
- Year Built :
- 1910
- Lot Area :
- 0.08 Acre
- Listing ID :
- 73504629
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com