
538 Newton Street South Hadley — Photo 1 of 42
$439,900
Investment Analysis — 538 Newton Street
South Hadley, MA 01075
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 2-unit multi-family in 01075 carries an estimated $3,830/mo in gross rent — about a 6.73% cap rate and $29,601/yr in estimated NOI at the $439,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,475
Style
Multi Family
Built
1959
Expect to be impressed the moment you walk through the door of this meticulously maintained, well-loved home that has remained with the original owners and their family. Pride of ownership shines throughout, and the amount of space, storage and versatility this property offers is truly something you have to see! The spacious first-floor unit features generous room sizes, including a retro kitchen that looks like it was just installed, a large dining area and a HUGE living room with plenty of room to gather. There are three spacious bedrooms, including a primary with its own half bath, a full bath and an abundance of closet space. One of the most unique features is the adjoining office space with its own separate entrance and dedicated parking area off the side street. What could you use it for? Home office, studio, workspace, meeting area, hobby space or something completely different—the possibilities are exciting! The second-floor unit offers a kitchen, bedroom and additional flex space with built-ins, plus tons of closet and storage space, including a cedar closet. And there’s still more! The finished basement adds another level of usable space with a huge family room featuring a fireplace, a separate laundry room with utility sink and even more storage. You honestly may not know what to do with all this room! Outside you’ll find a two-car garage, storage shed, large backyard and plenty of space to enjoy the outdoors. Conveniently located with easy access to shopping, dining, major routes and area amenities. Whether you are looking for multi-generational living, room to work from home, separate spaces under one roof or simply a property with flexibility that is hard to find, this one checks a lot of boxes. Come take a look—you may be surprised by just how much this unique property has to offer and how easily it could work for you! Showing begin on Saturday September 12, 2026 at Open House from 1:00 pm to 2:30 pm, hope to see you there!
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Oven • Dishwasher • Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Golf • Private School • Public School • University
Geography
Listing Agent: Joni Fleming
Listing Office: ERA M Connie Laplante Real Estate
MLS® Number: 73573595
