Tami Gaylor
Five College REALTORS ® | 413-522-4461 | Tami@RealtorGaylor.com

40-44 Graves Ave, Northampton, MA 01060

Multi-Family

$699,900
Price
$730,000
Sale Price

5
Units
2,034
Approx. GLA
In town opportunity!! This five unit property is a short walk to town close to everything Northampton has to offer!! Thoughtfully updated and well maintained with many improvements including the recent exterior painting. Investment or owner occupied with income from the other units. Good rental history and easy to rent. Five improved units include (2) one bedroom units, (1) two bedroom unit (2) three bedroom units, each separately metered for utilities. A turnkey investment potential not to be missed.
Highlights
Sale Price: $730,000
Settled Date: 12/28/2017 12:00:00 AM
Basement Features: Full, Interior Access
List Price: $699,900
Type: Multi-Family
Multi-Family Type: 5+ Family - 5+ Units Up/Down
Status: Sold
Beds: 10
Baths: 5
Units: 5
Year Built: 1900
Year Round: Yes
Approx. GLA: 2,034
MLS#: 72233602
 
Interior
Basement: Yes
Electricity Cost: $269
Electric Features: Circuit Breakers, 200 Amps, Individually Metered
Heating Zones: 5
Flooring: Wood, Vinyl, Hardwood
Energy: Insulated Windows
Hot Water: Natural Gas
Rooms: 21
Lead Paint: Unknown
Total Floors: 3
UFFI: Unknown
Exterior
Water: No
Facing: South
Acres: 0.14
Lot Size: 6,098.00
Lot Description: Paved Drive, Level
Foundation: Fieldstone
Parking Spaces: 3
Parking Features: Off-Street
Road Type: Public, Paved, Publicly Maint., Dead End
Color: Grey
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range
Exterior: Vinyl
Exterior Features: Porch, Gutters, Screens
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $520,400
Taxes: $8,685
Tax Year: 2017
Book/Page: 9685/102
Warranty Available: No
School
Grade School: Bridge St
Middle School: JFK Middle
High School: NHS
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $77,400
Gross Expenses: $18,332
Total Rent: $6,450
Net Income: $59,068
Insurance Cost: $5,029
Refuse Cost: $1,140
Sewer Cost: $1,022
Water Cost: $1,022
Misc. Cost: $672
 
 
Additional
Amenities: Public Transportation, Shopping, Laundromat, Other (See Remarks), Bike Path, House of Worship, Public School
Disclosure Declaration: Yes
Disclosure: No Showings until Sunday 11/19 @1pm (tenants). New gas furnaces: 40A, 40B, 42. New electric hot water heaters: 40A.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 3 1 0 1 1 0 Yes 1 $900
Unit 2 5 3 0 2 1 0 Yes 2 $1,600
Unit 3 6 3 0 1 1 0 Yes 3 $1,800
Unit 4 3 1 0 1 1 0 Yes 1 $900
Units Extras
Unit 1
Rent Includes:  Water, Other (See Remarks)  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Gas  Interior:  Bathroom With Tub & Shower, Open Floor Plan, Hardwood Floors, High Speed Internet Hookup, Cable TV Available  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Electric Baseboard, Gas  Interior:  Bathroom With Tub & Shower, Hardwood Floors, High Speed Internet Hookup, Cable TV Available, Balcony/Deck  Rooms:  Living Room, Kitchen, Other (See Remarks) 
Unit 3
Rent Includes:  Water, None  Cooling:  None  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Forced Air, Gas  Interior:  Bathroom With Tub & Shower, Hardwood Floors, Cable TV Available, Pantry, Balcony/Deck  Rooms:  Living Room, Dining Room, Kitchen 
Unit 4
Rent Includes:  Water, None  Applicances:  Range, Refrigerator  Heating:  Forced Air, Gas  Interior:  Bathroom With Tub & Shower, Hardwood Floors, Cable TV Available  Rooms:  Living Room, Kitchen 
Common
Cooling:  None  Applicances:  None  Rooms:  Other (See Remarks) 
Map
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The listing office is 5 College REALTORS® and the listing agent is Sally Malsch. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 8/20/2018 10:05:00 AM.
 
Tami Gaylor
Tami Gaylor
REALTOR®
Five College REALTORS ®