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You are here:
Home Massachusetts Northampton Commercial Properties for Sale

86 Lyman Road Northampton, MA 01060

49 Days on Boston Pads
23 Photos
$1,485,000
Type: 5+ Residential
Other (See Remarks)
6541 Bldg. SQFT
7 Restroom
Parking: N/A
86 Lyman Road
Northampton, MA 01060

Property Description

Exceptionally maintained 7-unit multi-family property located in the heart of Northampton. This income-producing gem boasts an excellent rental history with easy access to downtown Northampton, Smith College, the rail trail, train station, and major highways. Your tenants will enjoy close proximity to the vibrant downtown center's shopping, restaurants, and nightlife. Many recent updates include roof replacement, vinyl siding, exterior egresses and fire detection system plus whole house weatherization through Mass Save. 6 of the 7 gas furnaces have been updated within the last 8 years. The property features six 1-bedroom units and one 2-bedroom unit, off-street parking, separate utilities, and gas heat. Many units showcase hardwood flooring with updated kitchens and baths throughout. This well-positioned investment property offers both strong cash flow potential and the lifestyle amenities that keep tenants happy and lease renewals high. Pre-approved buyers only.

Property Overview

Property Information

  • Type: 5+ Residential
  • Location: Legal Non-Conforming
  • MLS ID#: 73446436

Financial

  • Gross Annual Expenses: 16025
  • Gross Annual Income: 115200
  • Net Operating Income: 99175
  • Lease Type: Other (See Remarks)

Building Information

  • Total SQFT: 6541
  • Total Restrooms: 7

Construction & Utilities

  • Utilities: Natural Gas, Public Sewer, Public Water

Date Event Price Price/Sq Ft Source
10/26/2025Active$1,485,000$227MLSPIN
10/26/2025Active$1,485,000$227MLSPIN
10/22/2025New$1,485,000$227MLSPIN
10/22/2025New$1,485,000$227MLSPIN

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Map & Resources

Community Enterprises, Inc.

Special Education, Grades: 11-12

0.28mi

Smith College

University

0.47mi

HEC Academy

Collaborative Program

0.51mi

Williams Street School

School

0.56mi

Hampshire Educational Collaborative

Collaborative Program

0.58mi

Commercial College

University

0.59mi

People's Institute

Grades: PK-K

0.68mi

Cutchins Program

Special Education, Grades: K-12

0.74mi

Tunnel Bar

Bar

0.62mi

The Majestic Saloon

Bar

0.65mi

Lounge @ Bar 19

Bar

0.66mi

The Dirty Truth

Bar

0.66mi

Dobra Tea

Cafe

0.53mi

Cafe Balagan

Cafe

0.54mi

Haymarket

Cafe

0.55mi

Woodstar Café

Cafe

0.6mi

NPD Police Station

Police

0.63mi

Hampshire County Sheriff

County Police

1.49mi

Northampton Fire Department

Fire Station

1.51mi

Cooley Dickinson Hospital

Hospital

1.7mi

Northampton Center For The Arts

Arts Centre

0.66mi

Museum of Art

Arts Centre

0.66mi

Historic Northampton

Museum

0.78mi

Academy of Music Theatre

Theatre

0.5mi

Iron Horse Music Hall

Theatre

0.6mi

The Basement

Theatre

0.63mi

Calvin Theater

Theatre

0.65mi

Indoor Track and Tennis Facility

Sports Centre. Sports: Tennis, Running

0.53mi

Scott Gymnasium

Sports Centre

0.56mi

Ainsworth Gymnasium

Sports Centre

0.58mi

Alumnae Gymnasium

Sports Centre

0.62mi

YMCA

Sports Centre. Sports: Swimming, Basketball, Fitness, Gymnastics, Racquetball

1.45mi

Northampton Athletic Club

Sports Centre

1.54mi

Anytime Fitness

Fitness Centre

0.96mi

Arcadia Wildlife Sanctuary

Land Trust Park

0.07mi

Dgcr

Private Park

0.33mi

Silvio O Conte National Fish and Wildlife Refuge

Nature Reserve

0.75mi

Mary Brown's Dingle

Municipal Park

1.27mi

Barrett St. Marsh

Municipal Park

1.36mi

Pine Grove Conservation Area

Nature Reserve

1.42mi

Joseph Allen Skinner State Park

State Park

1.56mi

Connecticut River Greenway Sp

State Park

1.62mi

Spare Time

Bowling Alley

0.23mi

Agnes Fox Playground

Playground

1.17mi

Forbes Library

Library

0.52mi

Curriculum Resource Center

Library

0.58mi

Josten Performing Arts Library

Library

0.59mi

Hampshire Law Library

Library

0.62mi

Young Science Library

Library

0.64mi

William Alan Neilson Library

Library

0.65mi

Historic Northampton Archives and Library

Library

0.82mi

Richard H. Dolloff Medical Library

Library

1.82mi

CVS Pharmacy

Pharmacy

0.59mi

Serio's Pharmacy

Pharmacy

0.7mi

Walgreens

Pharmacy

1.34mi

Thornes Marketplace

Mall

0.51mi

Fly By Night

Furniture

0.59mi

Cedar Chest

Department Store

0.55mi

State Street Fruit Store

Supermarket

0.65mi

Serio's Market

Supermarket

0.7mi

Seller's Representative: Jeanne Troxell Munson, The Murphys REALTORS®, Inc.
MLS ID#: 73446436

© 2025 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 2025-10-26 04:05:00