318 Newton St South Hadley, MA 01075
Estimated payment $4,060/month
Highlights
- Wood Flooring
- Home Office
- Living Room
- Sun or Florida Room
- Enclosed patio or porch
- Forced Air Heating System
About This Home
Fully Remodeled Mixed-Use Property! Whether you're looking for rental income to help pay the mortgage, an investor, or someone dreaming of living where you work, this one-of-a-kind property offers flexibility, function & style! 1st floor offers 1,200 sq ft Office Space with 5 Rooms & 2 half baths, this space can easily be converted into 2 office spaces or possibly a 3rd apartment, 2nd floor offers 1,200 sq ft 3 BR apartment, 3rd floor offers a 600 sq ft 1 or 2 BR apartment, recently painted exterior, updated kitchens & baths, natural gas heat & hot water, 8X34 porch with views of SH High playing fields, 2 car garage (can be knocked down for additional parking), separate electrical panels, too many updates to list! Easy commute to Routes 90 & 91! Don’t miss your chance to own a truly unique and functional property where you can live, work, and/or invest - all in one place! Excellent Investment or Owner Occupant Opportunity!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,977
Year Built
- Built in 1900
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Block Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,000 Sq Ft Home
- Living Room
- Home Office
- Sun or Florida Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Range<<rangeHoodToken>>
- Washer and Electric Dryer Hookup
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- 2 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
- Separate Meters
- 100 Amp Service
Additional Features
- Enclosed patio or porch
- 5,880 Sq Ft Lot
Listing and Financial Details
- Rent includes unit 1(heat water hot water), unit 2(heat water hot water), unit 3(water)
- Tax Lot 6
- Assessor Parcel Number M:0017 B:0006 L:0000,3059842
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Net Operating Income $67,200
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,977 | $312,400 | $44,100 | $268,300 |
| 2024 | $4,885 | $293,400 | $41,200 | $252,200 |
| 2023 | $4,289 | $244,400 | $37,500 | $206,900 |
| 2022 | $4,337 | $234,700 | $37,500 | $197,200 |
| 2021 | $4,567 | $234,700 | $37,500 | $197,200 |
| 2020 | $4,680 | $234,700 | $37,500 | $197,200 |
| 2019 | $4,499 | $223,300 | $35,700 | $187,600 |
| 2018 | $4,327 | $217,100 | $34,600 | $182,500 |
| 2017 | $4,368 | $217,100 | $34,600 | $182,500 |
| 2016 | $4,172 | $210,200 | $34,600 | $175,600 |
| 2015 | $3,957 | $204,200 | $33,600 | $170,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | For Sale | $659,900 | -- | $220 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $315,000 | None Available | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $392,000 | Commercial | |
| Previous Owner | $130,000 | Commercial | |
| Previous Owner | $20,000 | Commercial | |
| Previous Owner | $140,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73385939
APN: SHAD-000017-000006
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