Active
109 Days on market
13 Munroe St Northampton — Photo 1 of 24

13 Munroe St Northampton — Photo 1 of 24

$1,425,000

Investment Analysis — 13 Munroe St

Northampton, MA 01060

Based on rent reported on the MLS listing, a 5-unit multi-family in 01060 carries $8,400/mo in gross rent — about a 4.42% cap rate and $63,014/yr in estimated NOI at the $1,425,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

9

Baths

5

SqFt

4,500

Style

5+ Family - 5+ Units Up/Down

Built

1900

Excellent investment opportunity in the heart of Northampton. This turnkey, high-performing rental property is close to downtown and Smith College. Complete with 5 updated units, updated electrical, replacement windows, on-site coin-op laundry, paved off-street parking, an updated heating system, a backyard with garden space, dedicated storage spaces, and separate utilities. Beautifully updated and maintained. There’s potential for additional income by leasing the two-car garage. Walking distance to downtown. All the hard work has been done, just come and collect the rent or convert to condominiums by right.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$1,425,000
Annual Taxes$13,594

Parking

Garage2
Off-Street9

Interior Specifications

Total Rooms29
Fireplaces1
FlooringWood, Tile, Hardwood, Stone/Ceramic Tile
BasementFull, Interior Entry

Climate & Utilities

HeatingHot Water
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningURB

Property & Lot

Acres0.27
SqFt Lot11,970
Lot Features--

Amenities & Appliances

Washer • Dryer • Range • Dishwasher • Disposal • Refrigerator • Freezer

Neighborhood

Public Transportation • Walk/Jog Trails • Bike Path • Conservation Area • Highway Access • University

Geography

Listing Provided By

Listing Agent: Joseph Bialek

Listing Office: Delap Real Estate LLC

MLS® Number: 73523983