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You are here:
$830,000
3 Unit
6 Beds
4 Baths
4045 SQFT
0.38 Acre
41 Gray St
Amherst, MA 01002

Property Description

Discover this newly renovated, multi-family gem in the heart of Amherst, boasting a strong rental history and prime location. This meticulously maintained 3-family building features a spacious first-floor 4-bedroom apartment, a charming second-floor 1-bedroom unit, and a generously sized 1-bedroom unit spanning the second and third floors. Each apartment showcases modern updates, including stylish flooring and refreshed kitchens, providing comfort and appeal to tenants. Nestled on a quiet side street just off Main St., this property offers the perfect blend of tranquility and accessibility—steps from downtown’s vibrant restaurants, shopping, and within close proximity to UMass and Amherst College campuses. Opportunities like this are rare and won't last long! Schedule your private viewing today and seize this remarkable investment.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 5
  • Total Bedrooms: 6
  • Total Full Baths: 4
  • Amenities: Bike Path, Golf Course, House of Worship, Park, Private School, Public School, Public Transportation, Shopping, University, Walk/Jog Trails
  • Basement Features: Concrete Floor, Interior Access, Partial, Partially Finished, Walk Out
  • Common Rooms: Dining Room, Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom with Shower Stall, Bathroom With Tub & Shower, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Dryer, Dryer Hookup, Range, Refrigerator, Vent Hood, Washer, Washer Hookup
  • Common Cooling: None

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 96000
  • Gross Expenses: 43799
  • Electric Expenses: 7354
  • Water/Sewer: 1250
  • INSC: 4135
  • Repairs & Maintenance: 5533
  • RFS: 1869
  • Management Fee: 5760
  • Net Operating Income: 52201

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Electric, Heat, Hot Water, Other (See Remarks), Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Electric, Heat, Hot Water, Other (See Remarks), Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Electric, Heat, Hot Water, Other (See Remarks), Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1900
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Concrete Block
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Vinyl, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73303813
  • Last Updated: 10/18/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
10/17/2024New$830,000$205MLSPIN

Mortgage Calculator

View Breakdown

Map & Resources

Amherst College

University

0.22mi

Amherst Regional High School

Public Secondary School, Grades: 9-12

0.23mi

Amherst Regional Middle School

Public Middle School, Grades: 7-8

0.48mi

University of Massachusetts Amherst

University

0.58mi

Fort River Elementary School

Public Elementary School, Grades: K-6

0.67mi

Wildwood Elementary School

Public Elementary School, Grades: K-6

0.68mi

Morrill Science Center

School

1.18mi

The Common School

Private School, Grades: PK-5

1.38mi

Stackers Pub

Bar

0.42mi

The Drake

Bar

0.45mi

The Black Sheep

Cafe

0.36mi

LimeRed Teahouse

Cafe

0.39mi

Moge Tee

Bubble Tea (Cafe)

0.42mi

Coronation Cafe

Sandwich (Cafe)

0.42mi

Kwench Juice Cafe

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

0.43mi

Share Coffee

Coffee Shop

0.45mi

Hampshire Veterinary Hospital

Veterinary

1.3mi

Amherst Police Department

Local Police

0.31mi

University of Massachusetts Police Department

Police

1.4mi

Amherst Fire Department

Fire Station

0.45mi

Amherst Fire Department

Fire Station

1.47mi

Warren P. McGuirk Alumni Stadium

Stadium. Sports: American Football

1.21mi

Grinnel Arena

Stadium

1.23mi

Mullins Center

Stadium. Sports: Basketball, Ice Hockey

1.35mi

Emily Dickinson Museum

Museum

0.17mi

The Evergreens

Museum

0.23mi

Beneski Museum of Natural History

Museum

0.4mi

Mead Art Museum

Museum

0.5mi

Amherst History Museum

Museum

0.51mi

Amherst Fitness

Fitness Centre

0.59mi

Aerobics Studio

Fitness Centre. Sports: Yoga, Aerobics, Exercise

0.68mi

Recreation Center

Fitness Centre

1.26mi

War Memorial Pool

Swimming Pool

0.22mi

Memorial Field

Sports Centre. Sports: Baseball

0.67mi

Alumni Gymnasium

Sports Centre

0.71mi

LeFrak Gymnasium

Sports Centre

0.72mi

Garber Field

Sports Centre. Sports: Soccer, Lacrosse

1.06mi

Salem Street Conservation Land

Municipal Park

0.32mi

Saul Conservation Area

Nature Reserve

0.75mi

Gulliver Meadow Conservation Area

Municipal Park

0.78mi

Hart Farm

Municipal Park

0.97mi

Wildwood Conservation Area

Municipal Park

1.03mi

Amethyst Brook Conservation Area

Municipal Park

1.22mi

Wentworth Farm Conservation Area

Municipal Park

1.23mi

Bayberry Lane Conservation Land

Municipal Park

1.3mi

Amherst Golf Club

Golf Course

0.96mi

Kendrick Park Playground

Playground

0.49mi

Spray Park

Playground

1.35mi

Groff Park Playground

Playground

1.37mi

Matt's Barber Shop

Hairdresser

0.4mi

Vici Hair Studio & Beauty Bar

Hairdresser

0.42mi

Sandy's Barber Shop

Hairdresser

0.46mi

Hair By Harlow

Hairdresser

0.46mi

Star Nails & Spa

Nails

0.52mi

STYLES by Deborah

Hairdresser

0.8mi

Jones Library

Library

0.47mi

Robert Frost Library

Library

0.47mi

Mom's House Chinese Food Market

Supermarket

0.52mi

Big Y

Supermarket

1.37mi

Wildside Smoke Shop

Variety Store

0.54mi

CVS Pharmacy

Pharmacy

0.44mi

CVS Pharmacy

Pharmacy

1.29mi

Amherst Market

Convenience

0.45mi

Neighbor Food Mart

Convenience

0.53mi

Cumberland Farms

Convenience

0.68mi

Seller's Representative: James Beadle, James Beadle
MLS ID#: 73303813

© 2024 MLS Property Information Network, Inc.. All rights reserved.

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 2024-10-18 03:30:00

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