64-66 Pleasant StEasthampton, MA 01027
Hampshire County
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.
Property Information
- Property type
- Residential Income
- Sub-type
- Multi Family
- Year built
- 1910
- Stories
- 5
- Living area
- 5,832 Sq Ft
- Lot size
- 0.08 acres
- Parking spaces
- 6
- Zoning
- R5
- Days on market
- 178
- MLS® Listing#
- 73504629
Property Features
- Interior
- Walk-In Closet(s) · Smart Thermostat · Pantry
- Exterior
- Balcony
- Appliances
- Range · Dishwasher · Refrigerator · Electric Water Heater
- Cooling
- Window Unit(s)
- Heating
- Natural Gas · Forced Air · Electric · Zoned
- Flooring
- Vinyl · Varies · Hardwood
- Basement
- Full · Sump Pump · Concrete
- Parking
- Paved · Off Street · Tandem
- Laundry
- Electric Dryer Hookup · Washer Hookup
- Patio
- Deck
- Lot features
- Corner Lot · Level
- Construction
- Brick
- Foundation
- Brick/Mortar
- Roof
- Rubber
- Windows
- Skylight(s) · Insulated Windows · Screens
- Community
- Park · Sidewalks
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- Annual taxes
- $8,123Tax year 2026
- Assessed value
- $596,300
- Parcel number
- 3027796
Directions
Corner of Pleasant St & Fugere Ct. GPS friendly
Listing Courtesy: Brick & Mortar Northampton - 4132598888
Presented by: Deborah Cahillane
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