Mixed-use investment opportunity with strong value-add potential! This property features an income-producing commercial church space, occupied residential units with long-term tenants, and additional studio apartments offering future income growth. Current rental income is generated from the commercial unit and residential tenants, while several units are undergoing renovations or require repairs to be converted into rentable studio apartments. Ideal for investors seeking to increase cash flow through improvements and lease-up opportunities. Conveniently located in downtown Holyoke, public transportation, shopping, and major routes. Property offers a unique combination of commercial and residential use with significant upside potential. Sold as-is.
70 days
|
249
|
9
|
Zillow last checked:
Listing updated:
Listed by:
Gilnerys Santana774-240-4771,
Amaral & Associates RE508-674-4972
Source: MLS PIN,MLS#: 73534978
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 9
Full bathrooms: 7
1/2 bathrooms: 2
Features
Basement: Full
Has fireplace: No
Interior area
Total structure area: 5,068
Total interior livable area: 5,068 sqft
Finished area above ground: 5,068
Finished area below ground: 2,160
Property
Parking
Parking features: Open
Has uncovered spaces: Yes
Features
Has view: Yes
View description: City View(s)
Lot
Size: 1,742 Square Feet
Features: Level
Details
Parcel number: M:0012 B:0002 L:5,2529952
Zoning: BC
Construction
Type & style
Home type: MultiFamily
Property subtype: 5-9 Family
Materials
Brick
Foundation: Brick/Mortar
Roof: Tar/Gravel
Condition
Year built: 1850
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Public Transportation, Shopping, Highway Access, House of Worship, T-Station