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649 S Summer St

Holyoke, MA 01040

25 beds
10 baths
11,004 sqft
6,395 sqft lot
$51 per sqft
1910 build
– on site

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A MONEY MAKER!!! Great up dates have been done to this very clean building, up dated heating systems and electrical updates just to name a couple. A great area quiet for this 10 unit block, lead certs for all units. This building comes with a full adjacent parking lot to the right plus a great 3 car garage. The monthly rents are 7,850 for a total this year of 94,200. The left side of this building has a legal commercial building lot which can be sold with this building which is listed for 29,900. The units in this building are in good condition with left side all 2 bedrooms and the right side all 3 bedrooms. A nice fenced in area in the back. This building is right behind the 10 unit that just sold for 585,000 with the same owner. With the rents as they we have a great cap rate of almost 12%. Take a drive by the corner of South Canal & South Summer, a great building in a great location.

Listing courtesy of MLSPIN

Last checked: Checking… • Last updated Mar 21, 2024 •

MLS# 72396855 —

The Building

Year Built:

1910
Year Built Details:

Actual
Year Built Source:

Public Records
Roof:

Rubber
Basement:

Full
Foundation Details:

Brick/Mortar
Patio And Porch Features:

Porch
Stories Total:

9
# of Units Total:

10
Building Area Total:

11004
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

45
Fireplace:

false

Room Dimensions

Living Area:

11004

Location

Directions:

391 Main Street exit then first right down on the left
Latitude:

42.19389
Longitude:

-72.61065

The Property

Parcel Number:

M:0027 B:0005 L:5,2530286
Property Type:

Residential Income
Property Subtype:

5+ Family - 5+ Units Up/Down
Lot Features:

Cleared
Lot Size Units:

Acres
Lot Size Area:

0.15
Lot Size SqFt:

6395
Lot Size Acres:

0.15
Zoning:

IG
Frontage Length:

55.00
Waterfront:

false
Farm Land Area Units:

Square Feet
Road Surface Type:

Paved
Road Frontage Type:

Public
Road Responsibility:

Public Maintained Road

Listing Agent

Contact info:

Taxes

Tax Year:

2018
Tax Book Number:

21123
Tax Annual Amount:

6066
Tax Assessed Value:

317100

Beds

Bedrooms Total:

25

Baths

Total Baths:

10
Total Baths:

10
Full Baths:

10

The Listing

Sub Agency Relationship Offered:

No

Utilities

Electric:

Circuit Breakers
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Gas Water Heater

The Community

Community Features:

Highway Access

Parking

Garage:

true
Garage Spaces:

3
Parking Total:

10
Parking Features:

Off Street
Covered Spaces:

3

Explore the Area

My Commute

From

Soundscore™

Provided by HowLoud

Max Internet Speed

Xfinity

Provided by BroadbandNow®

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Sale history

Date	Source	Price	% Change
4/29/24 Apr 29, 2024	MLSPIN	$807,000	-19.3%
1/31/24 Jan 31, 2024	MLSPIN	$1,000,000
1/17/24 Jan 17, 2024	MLSPIN	$1,000,000

Multifamily Sold on 1/18/2019

$565,000

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Listing Courtesy of: MLSPIN and .

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.

649 S Summer St

Holyoke, MA 01040