Active
43 Days on market
39 Water St Northampton — Photo 1 of 40

39 Water St Northampton — Photo 1 of 40

$525,000

Investment Analysis — 39 Water St

Northampton, MA 01053 — Leeds

Based on rent reported on the MLS listing, a 2-unit multi-family in 01053 carries $950/mo in gross rent — about a 0.40% cap rate and $2,092/yr in estimated NOI at the $525,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

2,292

Style

2 Family - 2 Units Up/Down

Built

1885

Welcome to this wonderful, turn-key home situated on a peaceful, quiet street. Perfect for investors or buyers looking for a primary residence with rental income. This property features a lovely private backyard, exceptional character throughout, and an incredibly functional detached garage. 1st floor unit is filled with abundant natural light with a formal dining room. Beautiful original hardwood floors pair perfectly with brand-new modern vinyl plank flooring. The living room includes a craftsman built-in cabinet. The eat-in kitchen has a custom built-in bench with kitchen table included. There is also a conveniently located, in-unit laundry room along with a sun-filled 3 season front porch, ready for your exercise or office needs, or a perfect spot to relax. The 2nd floor unit offers a comfortable floor plan featuring two bedrooms, living room, larger kitchen, laundry room and a fully enclosed first floor porch entryway. Enjoy a private, peaceful backyard for outdoor activities and gardening. Some replacement windows, central air on first floor.

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 MLS and other third-party data may be inaccurate or out of date.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.

Immersive Experience

Property Details

Financials

Original Price$525,000
Annual Taxes$6,572

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms8
FireplacesNone
FlooringVinyl, Hardwood
BasementNone

Climate & Utilities

HeatingNatural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningURB

Property & Lot

Acres0.25
SqFt Lot10,825
Lot FeaturesLevel

Amenities & Appliances

Range • Microwave • Refrigerator • Washer • Dryer

Geography

Listing Provided By

Listing Agent: The Neilsen Team

Listing Office: Real Broker MA, LLC

MLS® Number: 73557487