Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

337 Newton St

South Hadley, MA ID #73293465

Property Description

Profitable 5 family in a desirable South Hadley neighborhood! Four units are 1 bedroom 1 bathroom apartments with one 2 bedroom unit on the 3rd Floor. Roof was replaced in 2010. Coin operated washer & dryer in the basement. Separate 100amp electric meters for all units including an owner’s meter. One gas hot water tank (approx 5 years old) for the building so hot water is included in all rents. Gas boiler was installed a couple years ago & is plumbed to add an indirect water heater. Boiler provides heat for 3 units (1st Floor Left, 1st Floor Right, & 2nd Floor Front). 6 parking spaces available to tenants including a 2 car detached garage. Current owner rents a couple of the units with AirBnB while the others are longer term tenants. Please see the attached documents for an income & expense report and a full breakdown of average rental income of each unit along with what each unit’s rent includes. Don’t miss your chance to capitalize on this amazing investment opportunity!

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - 5+ Units Up/Down
  • Zip Code: 01075
  • Taxes: 5,949
  • Living Levels: 9
  • Acres: 0.18

Parking

  • Garage: 2
  • Garage Capacity: 2
  • Parking: Paved Drive, Off Street, Paved
  • Parking Spaces: 6

Rooms/Dimensions

  • Total Units: 5
  • Total Floors: 9
  • Total Rooms: 17

Location

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337 Newton St, South Hadley, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of The Gerber Group of Naples Realty Group. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.