New
$995,000
12 bd · 6 ba · 5,832 sqft · 3,485 sqft lot
64-66 Pleasant St, Easthampton, MA 01027
Multi-family · Built 1910 · $171/sqft ·
$5,734/mo est. payment
- Stories
- 5
Flood factor 1/10
About this home
NEW RENTAL INCOME: UNIT RENTED AT $1,600/MONTH - GENERATING $19,200 IN ANNUAL RENTAL INCOME! Well-maintained 6-unit multi-family in an excellent location near EastWorks and Downtown, offering strong upside potential. The property features a low-maintenance exterior and interior, is clean and well cared for, with a new roof membrane (Aug 2020) and a newly renovated back staircase/fire escape (Apr 2026).Long-term tenants with no leases provide flexibility for rent increases. Unit 3R, the 6th unit, is a 2-bedroom, 1-bath with kitchen and living room, gas heat, and new hot water heater (July 2026) & refrigerator (Apr 2026), currently rented at $1,110/month. Tenants own washers/dryers; all other appliances are landlord-owned.Current cap rate is 6.2% (increased .3%), with rents below market ($1,600-$1,729). Pro forma cap rate reaches 8.5% at $1,600/month. Fire Department requires buyer to install a Fire Notification Panel. This is a solid investment opportunity with stable occupancy, minimal upkeep, and significant income growth potential in a highly desirable area.
Facts and features
Bedrooms
- Bedrooms: 12
Other Rooms
- Total Rooms: 24
- Basement Features: Full, Bulkhead, Sump Pump, Concrete
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Interior Features
- Bathroom with shower stall
- Smart thermostat
- Remodeled
- Pantry
- Walk-in closet(s)
- Living room
- Kitchen
- Door Features: Insulated Doors, Storm Door(s)
Appliances
- Range
- Dishwasher
- Refrigerator
- Laundry Features: Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Heating and Cooling
- Cooling Features: Window Unit(s)
- Heating Features: Forced Air, Natural Gas, Electric
- Heating: Yes
Exterior and Lot Features
- Balcony/deck
- Frontage Length: 46.00
- Road Frontage Type: Public
- Road Responsibility: Public Maintained Road
- Road Surface Type: Paved
- Deck: Yes
Land Info
- Lot Description: Corner Lot, Level
- Lot Size Acres: 0.0800046
- Lot Size Square Feet: 3485
Schools
- 7
Easthampton High School
high · 9-12 · 0.9 mi
Notre Dame-Immaculate Conception School
elementary · K-8 · 0.1 mi
- 7
Hilltown Cooperative Charter Public School
elementary · K-8 · 1.0 mi
The Williston Northampton School
middle · 7-12 · 0.5 mi
- 4
Mountain View School
elementary · K-8 · 1.4 mi
Tri-County Schools
elementary · K-12 · 1.5 mi
Price history
- Apr 21, 2026 · Listed$995,000
Where it is
Listed by Deborah Cahillane · Brick & Mortar Northampton · MLSPIN
