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121 Days on market
351 Bridge St Northampton — Photo 1 of 29

351 Bridge St Northampton — Photo 1 of 29

$575,500

Investment Analysis — 351 Bridge St

Northampton, MA 01060

Based on rent reported on the MLS listing, a 2-unit multi-family in 01060 carries $2,200/mo in gross rent — about a 2.79% cap rate and $16,069/yr in estimated NOI at the $575,500 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

2

SqFt

1,822

Style

Multi Family

Built

1900

Great opportunity for investors, contractors, or owner-occupants looking to build equity! This 2-family home is conveniently located close to downtown Northampton. If you are looking to farm on your own land this unique property offers mixed-use zoning, buyer to do their own due diligence for their intended use. This rare 2.5 acre parcel-offers a large off street parking area, a unique feature-a large, post and beam barn with multiple bays offering endless potential for storage, workshop space, or hobby use. This agricultural lot was previously used to farm dry beans, raise chickens, composting and firewood. One unit has had major remodeling started, many improvements have already been completed including rough plumbing and electrical, some newer flooring and is ready for your finishing touches. The second unit offers 4 rooms, 2 bedrooms and is currently occupied. Bring your ideas and restore this property to its full potential!

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 MLS and other third-party data may be inaccurate or out of date.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$575,500
Annual Taxes$3,995

Parking

Garage3
Off-Street13

Interior Specifications

Total Rooms9
FireplacesNone
FlooringWood
BasementPartial

Climate & Utilities

HeatingBaseboard, Electric, Oil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofOther
FoundationBlock, Stone, Brick/Mortar
ZoningURA

Property & Lot

Acres2.5
SqFt Lot108,900
Lot FeaturesFlood Plain, Farm, Level

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)

Geography

Listing Provided By

Listing Agent: Brenda Binczewski

Listing Office: REMAX Connections

MLS® Number: 73519449