Prime 5-Family Investment Property in Amherst! Located less than a mile from Amherst Center, this exceptionally well-maintained property offers tenants a walkable lifestyle - steps to restaurants, shopping, Amherst College, and close to UMass, with easy access to public transportation. Recent upgrades include a new Buderus heating system (approx. 2 years old). Each unit has separate electric meters, and their own water heater. All five units feature beautiful wood floors and private entrances, offering tenants comfort and independence. A large parking lot adds convenience for residents. All units are currently rented through May 2027 - a turnkey opportunity with immediate, stable rental income in one of the Pioneer Valley's most sought-after college-town markets.
Heating:
Forced Air, Oil, Baseboard, Electric
Basement:
Full, Crawl Space, Bulkhead, Sump Pump, Unfinished
Parking:
10-car, Off Street
Utilities
for Electric Range
Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School, University
Appliances:
Range, Refrigerator, Dishwasher, Microwave
702-704 Main St, Amherst, MA, 01002
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
