NOT LISTED FOR SALE

649 S Summer St Holyoke, MA 01040

25 Beds
10 Baths
11,004 Sq Ft
6,395 Sq Ft Lot

Last Sold April 29, 2024

Last sale price $807,000 $73 Per Sq Ft

55 Days on Market

Highlights

  • Property is near public transit
  • Home Security System
  • Ceiling Fan
  • Wood Flooring
  • Shops
  • 2 Car Garage

About This Home

As of April 2024

Excellent opportunity to own this very well maintained 10-unit property with six 3-bedroom units and four 2-bedroom units all with separate utilities and lead certs and with room for rent improvements. Assigned parking spots for all units plus a detached garage for owner storage or could bring in more income. Many updates have been done throughout. 6 units have gas heat, 4 units have electric heat. The basement has a partially finished and rough plumbed laundry room to accommodate 3 washers and 3 dryers. Rear porches updated, new screen doors, new security cameras installed this year. Beautiful murals on both sides of the building done by Beyond Walls as one of their 2023 mural projects. Group showings will be scheduled.

Last Listed By

Neilsen Team - Livian

Real Broker MA, LLC Listed on: 11/22/2023

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,549

Year Built

  • Built in 1910

Lot Details

  • 6,395 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 11,004 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Range

Bedrooms and Bathrooms

  • 25 Bedrooms
  • 10 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 10 Heating Zones
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $4,750
  • Rent includes unit 1(water hot water), unit 2(water hot water), unit 3(water hot water), unit 4(water hot water)
  • Assessor Parcel Number 2530286

Community Details

Overview

  • 10 Units
  • Property has 1 Level

Amenities

  • Shops

Building Details

  • Electric Expense $2,948
  • Insurance Expense $7,909
  • Water Sewer Expense $18,230
  • Operating Expense $46,810
  • Net Operating Income $86,690

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,549

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1910
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 15

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Pantry, Laundry Room
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 25
  • Full Bathrooms: 10
  • Total Bathrooms: 10
  • Total Bathrooms: 10
  • Basement: Full, Unfinished
  • Living Area: 11004
  • Spa YN: No
  • Stories Total: 15
  • MAIN LO: AN4866
  • LIST PRICE PER Sq Ft: 90.88
  • PRICE PER Sq Ft: 73.34
  • MAIN SO: AN4339

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Off Street, Assigned, Driveway
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Natural Gas, Electric
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • HEAT ZONES: 10
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, Public School
  • Rent Includes: Unit 1(Water,Hot Water), Unit 2(Water,Hot Water), Unit 3(Water,Hot Water), Unit 4(Water,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 18230

Lot Info

  • Parcel Number: 2530286
  • Zoning: IG
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6395
  • Lot Size Units: Acres
  • PAGE: 381
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8549
  • Tax Book Number: 22528

Multi Family

  • Electric Expense: 2948
  • Gross Income: 133500
  • Insurance Expense: 7909
  • Net Operating Income: 86690
  • Number Of Units Total: 10
  • Operating Expense: 46810
  • Total Actual Rent: 4750
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 4
  • FLRS 3: 3
  • FLRS 2: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $807,000 -19.3% $73 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
11/22/2023 11/22/23 For Sale $1,000,000 +77.0% $91 / Sq Ft
01/18/2019 01/18/19 Sold $565,000 0.0% $51 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
10/09/2018 10/09/18 Price Changed $564,900 -0.4% $51 / Sq Ft
09/23/2018 09/23/18 Price Changed $567,000 -0.5% $52 / Sq Ft
09/17/2018 09/17/18 For Sale $569,900 -- $52 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73182295

MLS Property Information Network (MLS PIN)