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You are here:
Home Massachusetts Amherst Multi-Family Homes for Sale

59 S East St Amherst, MA 01002

$900,000
4 Unit
12 Beds
4 Baths
3691 SQFT
0.32 Acre
59 S East St
Amherst, MA 01002

Property Description

Step into a great investment opportunity with this charming 4-family building, featuring four generous 3-bedroom apartments! Two of the units boast beautifully updated kitchens and newer flooring throughout, blending modern touches with classic comfort. The building boasts a lovely, well-maintained yard in the back—perfect for tenants to enjoy outdoor space. Tenants will appreciate the convenience of a common laundry room, and the location is ideal—just steps from the bus route and minutes from downtown. With a strong rental history and steady income potential, this property is perfect for investors or those looking to live in and earn. Don’t miss your chance to own in this desirable location!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 12
  • Total Full Baths: 4
  • Amenities: House of Worship, Laundromat, Park, Private School, Public School, Public Transportation, Shopping, University, Walk/Jog Trails
  • Basement Features: Partial
  • Common Rooms: Kitchen, Living Room
  • 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, Washer, Washer Hookup

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 134400
  • Gross Expenses: 45570
  • GSE: 2334
  • Electric Expenses: 10386
  • Water/Sewer: 1532
  • INSC: 4630
  • Repairs & Maintenance: 6383
  • RFS: 1495
  • Management Fee: 7172
  • Net Operating Income: 88830

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: 1
  • Levels: 1

Unit 4 Description

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

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Vinyl
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73303848
  • Last Updated: 10/18/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
10/17/2024New$900,000$244MLSPIN

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Map & Resources

Fort River Elementary School

Public Elementary School, Grades: K-6

0.15mi

Amherst College

University

0.51mi

Amherst Regional High School

Public Secondary School, Grades: 9-12

0.71mi

Amherst Regional Middle School

Public Middle School, Grades: 7-8

0.83mi

Wildwood Elementary School

Public Elementary School, Grades: K-6

1.07mi

University of Massachusetts Amherst

University

1.13mi

Pioneer Valley Driving School

Driving School

1.03mi

Stackers Pub

Bar

0.94mi

The Drake

Bar

0.97mi

The Black Sheep

Cafe

0.86mi

LimeRed Teahouse

Cafe

0.89mi

Kwench Juice Cafe

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

0.94mi

Moge Tee

Bubble Tea (Cafe)

0.94mi

Coronation Cafe

Sandwich (Cafe)

0.95mi

The Works Bakery Café

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

0.97mi

Amherst Police Department

Local Police

0.8mi

Pelham Police Department

Local Police

1.68mi

University of Massachusetts Police Department

Police

1.74mi

Amherst Fire Department

Fire Station

0.97mi

Pelham Fire Department

Fire Station

1.68mi

Amherst Fire Department

Fire Station

1.81mi

Stirn Auditorium

Theatre

0.77mi

Kirby Theater

Theatre

0.94mi

Emily Dickinson Museum

Museum

0.67mi

Beneski Museum of Natural History

Museum

0.67mi

The Evergreens

Museum

0.74mi

Mead Art Museum

Museum

0.76mi

Amherst History Museum

Museum

1.02mi

Amherst Cinema

Cinema

0.98mi

Amherst Fitness

Fitness Centre

0.13mi

Aerobics Studio

Fitness Centre. Sports: Yoga, Aerobics, Exercise

0.13mi

Memorial Field

Sports Centre. Sports: Baseball

0.87mi

LeFrak Gymnasium

Sports Centre

0.96mi

Alumni Gymnasium

Sports Centre

0.97mi

Hampshire Athletic Club

Sports Centre. Sports: Tennis, Swimming, Basketball

1mi

War Memorial Pool

Swimming Pool

0.77mi

Salem Street Conservation Land

Municipal Park

0.2mi

Saul Conservation Area

Nature Reserve

0.2mi

Amethyst Brook Conservation Area

Municipal Park

0.72mi

Wentworth Farm Conservation Area

Municipal Park

0.76mi

Bayberry Lane Conservation Land

Municipal Park

0.76mi

Gulliver Meadow Conservation Area

Municipal Park

1.01mi

Hart Farm

Municipal Park

1.09mi

Upper Fort River Conservation Area

Municipal Park

1.13mi

Amherst Golf Club

Golf Course

1.17mi

Kendrick Park Playground

Playground

1.04mi

Spray Park

Playground

1.37mi

Groff Park Playground

Playground

1.39mi

Northampton Cooperative Bank

Bank

0.09mi

Florence Bank

Bank

0.13mi

Bank of America

Bank

0.96mi

TD Bank

Bank

0.96mi

Greenfield Savings Bank

Bank

0.98mi

M&T Bank

Bank

0.98mi

Northampton Cooperative Bank

Bank

0.99mi

PeoplesBank

Bank

1.01mi

CVS Pharmacy

Pharmacy

0.97mi

Mom's House Chinese Food Market

Supermarket

0.13mi

Talon Furniture & Mattress

Furniture

0.12mi

Neighbor Food Mart

Convenience

0.12mi

Cumberland Farms

Convenience

0.16mi

Amherst Market

Convenience

1mi

Wildside Smoke Shop

Variety Store

0.07mi

Seller's Representative: James Beadle, James Beadle
MLS ID#: 73303848

© 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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