Amherst 7 Bed 3 Bath Multi-Family Home for Sale

Contingent

38 Photos

$575,000

2 Unit

7 Beds

3 Baths

2164 SQFT

0.41 Acre

502 Main St

Amherst, MA 01002

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Property Description

Discover an extraordinary opportunity to own a large versatile multi-family property with a Victorian-style wrap-around porch in the heart of Amherst! This rare gem is zoned for residential use and falls within the Commercial Business Neighborhood District, offering endless possibilities for both living and business ventures (buyer to verify all uses). Nestled near UMass, Amherst College, and vibrant downtown Amherst, the location is unbeatable a few steps to PVTA stops, shopping, and dining.Boasting a rich rental history, this two-family Victorian home is perfect for investors or those looking for a unique owner-occupy option. With a landscaped yard, and abundant off-street parking, you’ll be investing in long-term value. Step inside and be charmed by its stained glass windows, inviting wrap-around porch, and character-filled features like fir and oak floors, a fabulous pantry, and cozy alcoves. Close to iconic spots like the Emily Dickinson Homestead. Excellent rental history.

Property Overview

Property Details click or tap to expand

Building Information

Total Units: 2
Total Floors: 3
Total Bedrooms: 7
Total Full Baths: 3
Total Fireplaces: 1
Amenities: Bike Path, House of Worship, Laundromat, Park, Public School, Public Transportation, Shopping, Walk/Jog Trails
Basement Features: Unfinished Basement
Common Rooms: Family Room, Kitchen, Living Room, Loft, Mudroom
Common Interior Features: Bathroom with Shower Stall, Bathroom With Tub, Heated Attic, Pantry
Common Appliances: Range, Refrigerator
Common Heating: Central Heat, Electric, Extra Flue, Forced Air, Gas, Heat Pump, Hot Water Radiators, Space Heater, Steam

Financial

APOD Available: Yes
Expenses Source: Owner Provided
Gross Operating Income: 52800
Gross Expenses: 11673
Water/Sewer: 1296
INSC: 4102
Repairs & Maintenance: 800
RFS: 275
Net Operating Income: 41127

Utilities

Heat Zones: 2
Electric Info: 110 Volts, Circuit Breakers, On-Site, Underground
Water: City/Town Water, Private
Sewer: City/Town Sewer, Private

Unit 1 Description

Included in Rent: Gas, Hot Water, Water
Under Lease: No
Floors: 1
Levels: 1

Unit 2 Description

Included in Rent: Gas, Heat, Hot Water, Water
Under Lease: No
Floors: 2
Levels: 2

Construction

Year Built: 1900
Construction Type: Aluminum, Frame
Foundation Info: Fieldstone
Roof Material: Shingle, Slate
Flooring Type: Hardwood, Wall to Wall Carpet
Lead Paint: Unknown
Warranty: No

Other Information

MLS ID# 73296900
Last Updated: 10/07/24

Property History click or tap to expand

Date	Event	Price	Price/Sq Ft	Source
10/07/2024	Contingent	$575,000	$266	MLSPIN
10/05/2024	Active	$575,000	$266	MLSPIN
10/01/2024	New	$575,000	$266	MLSPIN
07/16/2023	Expired	$549,000	$254	MLSPIN
05/26/2023	Temporarily Withdrawn	$549,000	$254	MLSPIN
05/21/2023	Active	$549,000	$254	MLSPIN
05/17/2023	New	$549,000	$254	MLSPIN

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Map & Resources

Amherst College

University

0.12mi

Amherst Regional High School

Public Secondary School, Grades: 9-12

0.37mi

Fort River Elementary School

Public Elementary School, Grades: K-6

0.6mi

Amherst Regional Middle School

Public Middle School, Grades: 7-8

0.61mi

University of Massachusetts Amherst

University

0.71mi

Wildwood Elementary School

Public Elementary School, Grades: K-6

0.82mi

The Common School

Private School, Grades: PK-5

1.29mi

Morrill Science Center

School

1.32mi

Stackers Pub

Bar

0.48mi

The Drake

Bar

0.5mi

The Black Sheep

Cafe

0.39mi

LimeRed Teahouse

Cafe

0.43mi

Kwench Juice Cafe

Juice (Cafe). Offers: Vegan, Gluten Free, Lactose Free

0.47mi

Moge Tee

Bubble Tea (Cafe)

0.48mi

Coronation Cafe

Sandwich (Cafe)

0.49mi

The Works Bakery Café

Breakfast & Coffee & Smoothie & Lunch & Brunch (Cafe)

0.5mi

Hampshire Veterinary Hospital

Veterinary

1.27mi

Amherst Police Department

Local Police

0.34mi

University of Massachusetts Police Department

Police

1.54mi

Pelham Police Department

Local Police

2.12mi

Amherst Fire Department

Fire Station

0.51mi

Amherst Fire Department

Fire Station

1.61mi

Pelham Fire Department

Fire Station

2.13mi

Emily Dickinson Museum

Museum

0.2mi

The Evergreens

Museum

0.27mi

Beneski Museum of Natural History

Museum

0.31mi

Mead Art Museum

Museum

0.42mi

Amherst History Museum

Museum

0.56mi

Rausch Mineral Gallery

Museum

1.23mi

Warren P. McGuirk Alumni Stadium

Stadium. Sports: American Football

1.27mi

Grinnel Arena

Stadium

1.36mi

Amherst Fitness

Fitness Centre

0.47mi

Aerobics Studio

Fitness Centre. Sports: Yoga, Aerobics, Exercise

0.57mi

Recreation Center

Fitness Centre

1.39mi

Totman Gym

Fitness Centre

1.6mi

Memorial Field

Sports Centre. Sports: Baseball

0.58mi

Alumni Gymnasium

Sports Centre

0.63mi

LeFrak Gymnasium

Sports Centre

0.64mi

Garber Field

Sports Centre. Sports: Soccer, Lacrosse

1.19mi

Salem Street Conservation Land

Municipal Park

0.29mi

Saul Conservation Area

Nature Reserve

0.66mi

Gulliver Meadow Conservation Area

Municipal Park

0.91mi

Hart Farm

Municipal Park

1.07mi

Wentworth Farm Conservation Area

Municipal Park

1.09mi

Wildwood Conservation Area

Municipal Park

1.15mi

Amethyst Brook Conservation Area

Municipal Park

1.17mi

Bayberry Lane Conservation Land

Municipal Park

1.22mi

Kendrick Park Playground

Playground

0.61mi

Spray Park

Playground

1.23mi

Groff Park Playground

Playground

1.25mi

Amherst Golf Club

Golf Course

0.88mi

Amherst Eco Laundry

Laundry

0.42mi

Star Nails & Spa

Nails

0.4mi

Matt's Barber Shop

Hairdresser

0.46mi

Vici Hair Studio & Beauty Bar

Hairdresser

0.51mi

Sandy's Barber Shop

Hairdresser

0.52mi

Hair By Harlow

Hairdresser

0.56mi

STYLES by Deborah

Hairdresser

0.74mi

Mobil

Gas Station

0.49mi

CVS Pharmacy

Pharmacy

0.5mi

CVS Pharmacy

Pharmacy

1.28mi

Mom's House Chinese Food Market

Supermarket

0.4mi

Big Y

Supermarket

1.37mi

Stop & Shop

Supermarket

1.53mi

TJ Maxx

Department Store

1.6mi

Neighbor Food Mart

Convenience

0.41mi

Cumberland Farms

Convenience

0.57mi

Seller's Representative: Samar Moushabeck, William Raveis R.E. & Home Services
MLS ID#: 73296900

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-10-07 21:38:00

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