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71-77 Walnut Street, Holyoke, MA 01040

Commercial property for sale

  • Description
  • Properties consist of one six-family dwelling and one four-unit townhouse condominium in two separate buildings. The condo units are 4room/2br/1 1/2 baths each. All the units are rented on a month-to-month basis except for one condo unit that is on a lease. The six-family rents ranged from $370 to $540 per month with lower range rents being net of utilities and higher rents which there are two, include heat/electric. The four condo units rents ranged from $825 to $900 per month with tenants paying all their own utilities. There is a detached 10-car garage with each garage rented for $60 per month. The properties are located on two separate but contiguous parcels. Property located on quiet residential street near the South Hadley Bridge. There is elderly housing located across the street along with some two-family dwellings, and newer condominium units. Property is located about 500 yards from "Edgewater Garden Condominiums" - sale prices for similar units ranged from $120k to $137k per unit. Unique opportunity for investor - keep for cash flow or sell condominium units off when market for condominium units are more favorable. Owner's attorney has all condominium paper work on file in his office but has not filed - sale would include paperwork. Owner would consider selling separately. The six-family was built +/-1890's and the townhouse condominium was built in 2007. Building price details: $595,000.
  • Property Details
  • Property Type: Multifamily
    Use Types: Low-Rise/Garden
    Status: Available
    Price: $ 59,500 +/Unit
    Number of Stories: 2
    MSA: Springfield
    Buildings: 3
    Terms: Cash to Seller
    Added: 02/09/2012
    Last Update: 01/04/2013
  • Contact info
  • 413-732-2300 [Office]
  • Note

  • Details Info about this row that located on 71-77 Walnut Street, Holyoke, MA 01040 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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