Perched on the hill at the corner of Prospect and Summer sits this well maintained 4 family ready for its new owner. With this ideal location, plenty of natural light from the abundant windows, HW floors, tall ceilings, extra storage, gas heating/cooking and laundry on site, there has never been a problem renting these units. The first floor has a large 2 BR apt featuring 2 bay windows, soapstone FP mantel, interior access to basement and use of the front enclosed porch. Also on the first floor is a recently updated Studio apt featuring its own private entrance and fenced yard, south facing windows, tiled kitchen & bath. Upstairs there's a large 1 BR apt with attic storage, BR with windows on 3 sides, and pantry closet. A smaller 2 BR apt with plenty of windows and large bathroom storage rounds out the 2nd floor. Separate utilities, MassSave insulation, newer heating systems and H20 heaters, newer CB panels, slate roof maintained, walk-out basement. Great investment!
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Last Updated: November 21st, 2024 at 6:43am
Walk/jog Trails
Conservation Area
Highway Access
Shopping
Park
Medical Facility
Bike Path
Public Transportation
General Information for 87 Prospect Street, Northampton, Massachusetts 01060
Property TypeResidential Income
Property Sub TypeMulti Family
Price$740,000
Price per sqft$262.04
MLS #73313441
Handicap Access / FeaturesNo
List Date2024-11-17
Special Listing Conditions
StateMassachusetts
Street NameProspect Street
CityNorthampton
Zip Code01060
CountyHampshire
MLS Status
Covered Parking Spaces0
Heating Y/NYes
Heating System
Heat Zones4
Sold Date
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total2824
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress87 Prospect Street, Northampton MA 01060
Zoning
Interior Features for 87 Prospect Street, Northampton, Massachusetts 01060
* Approx. Living Area Total2,824 sq ft
Living Area Includes BasementNo
Bedrooms6
* # Fireplaces0
Bathrooms (Total)4
Full Baths4
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
0
Electric
Living Area Disclosure
Living Area Includes BasementNo
Door FeaturesStorm Door(s)
ElectricYes
Electric$465
MLS Area (Major)
MLSPIN_BEDRMS_12
MLSPIN_BEDRMS_22
MLSPIN_BEDRMS_31
MLSPIN_BEDRMS_41
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_21
MLSPIN_F_BTHS_31
MLSPIN_F_BTHS_41
MLSPIN_GRE$12,130
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3 0
MLSPIN_H_BTHS_40
OffMarketDate
Exterior Features for 87 Prospect Street, Northampton, Massachusetts 01060
* Approximate Lot Size0.21 acres
Covered Parking Spaces0
Lot FeaturesCorner Lot, Easements, Gentle Sloping
* Parking Spaces7
* Sewer Utilities
* Water Utilities
* Year Built1900
Year Built Details
Year Built SourcePublic Records
Construction MaterialsFrame
Exterior Features
Foundation Area
Foundation MaterialsStone,Brick/Mortar
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)9,169 Sqft
Disclosures for 87 Prospect Street, Northampton, Massachusetts 01060
Buyer Agent Compensation
Contingency
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ONCompensation Offered But Not In Mls
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Living Area Disclosure
Living Area Includes BasementNo
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 87 Prospect Street, Northampton, Massachusetts 01060
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data SourceOwner
Gross Income$60,960
Insurance Expense$1,583
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_21
MLSPIN_LEVELS_31
MLSPIN_LEVELS_41
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT11550
MLSPIN_RENT21280
MLSPIN_RENT31250
MLSPIN_RENT41000
MLSPIN_RFS$930
MLSPIN_RME$960
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$48,830
OperatingExpense$12,130
OriginalListPrice$740,000
RENT_FEE_INCLUDESUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
TOTAL_RENT5080
WaterSewerExpense$1,340
Lifestyle Information for 87 Prospect Street, Northampton, Massachusetts 01060
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features
Location information for 87 Prospect Street, Northampton, Massachusetts 01060
Elementary SchoolJackson Street
Middle SchoolJfk
High SchoolNhs
NumberOfUnitsTotal4
Marketing History for 87 Prospect Street, Northampton, Massachusetts 01060
MLSPIN_MARKET_TIME_BROKER2
MLSPIN_MARKET_TIME_PROPERTY2
PurchaseContractDate
Agent Information for 87 Prospect Street, Northampton, Massachusetts 01060