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559 Pulpit Hill Rd, Amherst, MA, 01002 | $659,000
Two-family investment property minutes from Puffer's Pond and just ~3 miles to UMass and vibrant downtown Amherst. Built in 1984 on 1. 66 acres, this well-maintained property offers two 3-bed, 1-bath units (6 bedrooms total), one unit has been updated, both have in-house laundry, and the property comes with an owned solar system which helps offset utility costs. Puffer's Pond is one of the area's most beloved spots — swimming, hiking trails, and quiet natural beauty just down the road. Downtown Amherst adds restaurants, shops, and easy access to Amherst College and UMass — a huge draw for tenants and future owners alike. With excellent rental history, this property offers day-one cash flow for an investor (Owner Occupied exempt!), or the option to live in one unit and rent the other. A rare combination of income, location, and lifestyle in one of the Valley's most sought-after rental markets. Book your showing today! See special showing instructions.
Features
- Amenities: Conservation Area, Public School
- Rooms: 8
- Bedrooms: 6
- Baths: 2 full
- Units: 2
- Laundry: Electric Dryer Hookup, Washer Hookup
- Year Built: 1984
- Basement: Full, Finished, Interior Entry
- Approx Sq. Feet: 1,934
- Acreage: 1.66
- Est. Taxes: $8,362
- Lot Desc: Cleared
- Appliances: Range, Refrigerator, Washer, Dryer, Dishwasher
- MLS#: 73551280
- Website: https://www.raveis.com
/prop/73551280/559pulpithillrd_amherst_ma?source=qrflyer
Listing by Tess Coburn-salem courtesy of Delap Real Estate LLC
Room Information
| Type | Description |
|---|---|
| Laundry | Electric Dryer Hookup, Washer Hookup |
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Michele WelchVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 293220
413.626.5626
Michele.Welch@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Nicole DelaneyInsurance Sales Director, William Raveis Insurance
781.724.3515
Nicole.Delaney@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
559 Pulpit Hill Rd, Amherst, MA, 01002
$659,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Michele Welch
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 413.626.5626
Michele.Welch@raveis.com
NMLS Mortgage Loan Originator ID 293220
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $527,200 | $527,200 | $527,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.358% | 6.640% | 5.952% |
| Monthly Tax Payment | $697 | $697 | $697 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,157 | $3,329 | $4,378 |
| Total Monthly Payment | $3,946 | $4,118 | $5,167 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630