N Amherst 3 family presents an attractive opportunity for investors seeking a well-located residence. Situated on a spacious .35 acre lot, this property offers ample outdoor space, which is particularly appealing given its proximity to local recreational areas such as Puffer...
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Last Updated: April 5th, 2025 at 7:38am
Gross Income: $66,000
Gross Expenses: $18,689
Net Income Calc: $47,311
CAP Rate: 7.51%
Annual Expenses for 158-162 Summer Street, Amherst MA 01002
Total Gross Expenses (Calculated)$18,689/year
APOD AvailableYes
Heating$0
Electricity$384
Water$1,200
Gas$1,200
Insurance$4,000
Sewer$1,200
Trash Removal$2,304
Repair & Maintenance$2,000
Management$0
Miscellaneous$0
Real Estate Tax$8,801
Annual Income & Unit Breakdown for 158-162 Summer Street, Amherst MA 01002
Total Gross Income (Calculated)$66,000
Unit 1
Rental Income2200
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income1700
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income1600
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 158-162 Summer Street, Amherst MA 01002
Listing ID73302182
Property TypeMulti Family / 3 Family
Price$629,900 ($191.98/SqFt)
Style
CityAmherst
CountyHampshire
MLS Area
Neighborhood(s)
Approximate Living Area Total3,281 SqFt
Approximate Lot Size (Acres)0.35 acres
Total Parking6
Garage Parking2 / Detached
Year Built1876
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual,Renovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpaceDeck - Wood
ZoningRes
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 158-162 Summer Street, Amherst MA 01002
Disclosures for 158-162 Summer Street, Amherst MA 01002
Lead PaintUnknown
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$9,888
Total Gross Income By Broker$66,000
Total Net Income By Broker$56,112
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnCompensation Offered But Not In Mls
Location Information for 158-162 Summer Street, Amherst MA 01002
Elementary SchoolAmherst
Middle SchoolAmherst
High SchoolAmherst
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Bike Path, Public Transportation, Tennis Court(s), Private School, University, Sidewalks
Contact Information for 158-162 Summer Street, Amherst MA 01002