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Brian OKeefe

brian.okeefe@redfin.com +1(781) 591-9611

$ 995,000

Est. payment -/mo

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Active

64-66 Pleasant St Easthampton, MA 01027

12 Beds

6 Baths

5,832 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 5,832 sqft

Price per Sqft $170

MLS Listing ID 73504629

Bedrooms 12

Full Baths 6

Year Built 1910

Annual Tax Amount $8,122

Tax Year 2026

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type 5+ Family - 5+ Units Side by Side

Property 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.

Location

State MA

County Hampshire

Zoning R5

Direction Corner of Pleasant St & Fugere Ct. GPS friendly

Rooms

Basement Full, Bulkhead, Sump Pump, Concrete

Interior

Interior Features Bathroom with Shower Stall, Smart Thermostat, Remodeled, Pantry, Walk-In Closet(s), Living Room, Kitchen

Heating Forced Air, Natural Gas, Electric

Cooling Window Unit(s)

Flooring Vinyl, Varies, Hardwood

Appliance Range, Dishwasher, Refrigerator

Laundry Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Balcony/Deck

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, House of Worship, Private School, Public School, Sidewalks

Utilities Available for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit

Roof Type Rubber

Total Parking Spaces 6

Garage No

Building

Lot Description Corner Lot, Level

Story 5

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Brick & Mortar Northampton