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:
- House will be conveyed as-is; buyers are encouraged to do all due diligence prior to submitting an offer. Buyers should verify all provided information independently. Buyers should confirm all planned uses and occupancies for the third floor studio and carriage house with the city.
- 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
