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You are here:
$899,900
3 Unit
5 Beds
4 Baths
2934 SQFT
0.60 Acre
48 Gray St
Amherst, MA 01002

Property Description

Renovated 3-family in a prime Amherst location near both UMass and Amherst College, ideal for owner-occupants or investors seeking strong rental demand. This 5 bed, 3.5 bath property offers 2,934 sq ft across a flexible layout. The spacious first-floor unit features 3 bedrooms, 1.5 baths, a modern kitchen, bright living spaces, and convenient access to the common laundry room. The second floor includes two updated 1 bed, 1 bath units with remodeled kitchens and baths, excellent natural light, and efficient layouts. Beautifully improved throughout with new flooring, contemporary fixtures, and crisp finishes. Sitting on a generous double lot, the property provides ample outdoor space and a classic exterior with stunning covered porches. Separately metered electricity with owner’s panel and hardwired smokes add operating ease. With proximity to downtown Amherst, campus amenities, public transit, and major commuter routes, this turnkey multi-family offers exceptional versatility and value.

Property Overview

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Total Fireplaces: 1
  • Basement Features: Bulkhead, Concrete Floor, Full
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom with Shower Stall, Stone/Granite/Solid Counters, Storage, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Common Heating: Electric, Electric Baseboard, Forced Air, Forced Air, Oil, Oil, Radiant, Space Heater
  • Common Cooling: None

Financial

  • APOD Available: No

Utilities

  • Electric Info: Circuit Breakers, Individually Metered, Underground
  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone, Granite
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73455345
  • Last Updated: 12/09/25

Date Event Price Price/Sq Ft Source
11/20/2025Active$899,900$307MLSPIN
11/16/2025New$899,900$307MLSPIN
11/11/2024Canceled$505,000$172MLSPIN
11/11/2024Back on Market$505,000$172MLSPIN
10/28/2024Under Agreement$505,000$172MLSPIN
10/14/2024Contingent$505,000$172MLSPIN
10/05/2024Active$505,000$172MLSPIN
10/01/2024New$505,000$172MLSPIN

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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

Pelham Police Department

Local Police

2.17mi

Amherst Fire Department

Fire Station

0.45mi

Amherst Fire Department

Fire Station

1.47mi

Pelham Fire Department

Fire Station

2.18mi

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

Rausch Mineral Gallery

Museum

1.09mi

Warren P. McGuirk Alumni Stadium

Stadium. Sports: American Football

1.21mi

Grinnel Arena

Stadium

1.23mi

Amherst Fitness

Fitness Centre

0.59mi

Aerobics Studio

Fitness Centre. Sports: Yoga, Aerobics, Exercise

0.68mi

Recreation Center

Fitness Centre

1.26mi

Totman Gym

Fitness Centre

1.46mi

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

Kendrick Park Playground

Playground

0.49mi

Spray Park

Playground

1.35mi

Groff Park Playground

Playground

1.37mi

Amherst Golf Club

Golf Course

0.96mi

Amherst Eco Laundry

Laundry

0.53mi

Matt's Barber Shop

Hairdresser

0.4mi

Vici Hair Studio & Beauty Bar

Hairdresser

0.42mi

Hair By Harlow

Hairdresser

0.46mi

Sandy's Barber Shop

Hairdresser

0.46mi

Star Nails & Spa

Nails

0.52mi

STYLES by Deborah

Hairdresser

0.8mi

Mobil

Gas Station

0.41mi

CVS Pharmacy

Pharmacy

0.44mi

CVS Pharmacy

Pharmacy

1.29mi

Mom's House Chinese Food Market

Supermarket

0.52mi

Big Y

Supermarket

1.37mi

Stop & Shop

Supermarket

1.54mi

TJ Maxx

Department Store

1.61mi

Amherst Market

Convenience

0.45mi

Neighbor Food Mart

Convenience

0.53mi

Seller's Representative: Kempf-Vanderburgh Realty Consultants, Kempf-Vanderburgh Realty Consultants, Inc.
MLS ID#: 73455345

© 2026 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 2025-12-09 08:52:00