64-66 Pleasant St,Easthampton, MA 01027
Easthampton, MA 01027
Description
RENT INCREASES JULY 1ST !!! ($4,440 annually) 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 $1,110/month. Tenants own washers/dryers; all other appliances are landlord-owned.Current cap rate is 5.9% (increased .4%), 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.
Details
| MLS # | 73504629 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 153 |
| Listing Provided By | Brick & Mortar Northampton | Deborah Cahillane |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 5,832 |
| Basement | Y |
| Story(s) | 5 |
| Units | 6 |
| Zoning | R5 |
| Acreage | 0.08 |
Interior
| Rooms Total | 24 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Window Unit(s) |
| Heating Yes / No | Yes |
| Heating | Forced Air, Natural Gas, Electric |
| Interior Features | Bathroom with Shower Stall, Smart Thermostat, Remodeled, Pantry, Walk-In Closet(s), Living Room, Kitchen |
| Window Features | Skylight(s), Insulated Windows, Screens |
| Appliances | Range, Dishwasher, Refrigerator |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Flooring | Vinyl, Varies, Hardwood |
Exterior
| Exterior Features | Balcony/Deck |
|---|---|
| Roof | Rubber |
| Construction Materials | Brick |
| Foundation Details | Brick/Mortar |
| Lot Features | Corner Lot, Level |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Drive, Off Street, Tandem, Paved |
| Open Parking Yes / No | Yes |
Utilities
| Utilities | for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit |
|---|---|
| Sewer | Public Sewer |
| Electric | Circuit Breakers, 100 Amp Service, Individually Metered, Varies per Unit |
Taxes
| Tax Annual Amount | 8122.7 |
|---|---|
| Tax Assessed Value | 596300 |
| Tax Lot | 124 |
| Tax Year | 2026 |
| Tax Map Number | 136 |
Location
| Community Features | Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, House of Worship, Private School, Public School, Sidewalks |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Hampshire |
| City | Easthampton |
| Zip Code | 01027 |
| Area | Hampshire |
| Listing VS Median (in 01027) | |
Price: $995,000 low | high Med: $499,500 sqft: 5,832 low | high Med: 2,660 $ / sqft: $171 low | high Med: $188 On site: 153 low | high Med: 51 | |
Market Activity 01027
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Learn More About This Property
| State | MA |
|---|---|
| County | Hampshire |
| City | Easthampton |
| Zip Code | 01027 |
| Area | Hampshire |
| Listing VS Median (in 01027) | |
Price: $995,000 low | high Med: $499,500 sqft: 5,832 low | high Med: 2,660 $ / sqft: $171 low | high Med: $188 On site: 153 low | high Med: 51 | |
 | $1,100,00093-95 Main StEasthampton, MA 01027 |
 | $1,150,00017 Adams StEasthampton, MA 01027 |