64-66 Pleasant St, Easthampton, MA, 01027
24 rooms
12 beds
6 Full baths
1910
5,832 sqft
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.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Units:
6
Zoning:
R5
Frontage:
46.00
Heating:
Forced Air, Natural Gas, Electric
Cooling:
Window Unit(s)
Energy Features:
Thermostat, Varies per Unit
Basement:
Full, Bulkhead, Sump Pump, Concrete
Levels:
5
Parking:
6-car, Paved Drive, Off Street, Tandem, Paved
Acreage:
0.08
Est. Taxes:
$8,123
Assessment
$596,300
Construction
Brick
Utilities
for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
Lot Description:
Corner Lot, Level
Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, House of Worship, Private School, Public School, Sidewalks
Appliances:
Range, Dishwasher, Refrigerator
MLS #:
73504629
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Deborah Cahillane, Brick & Mortar Northampton 413-259-8888