$57,554 Yearly Gross Income! And will be higher with a June $80.00/mo increase on Unit #245 & a $700/mo increase on Unit #247 = $66,914! List price reflects rent increases, true walk to N'hampton Ctr (1/2 mile!) location, the bike path is right around the corner, & ...
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Last Updated: April 5th, 2025 at 8:28am
Gross Income: $57,540
Gross Expenses: $13,856
Net Income Calc: $43,684
CAP Rate: 6.99%
Annual Expenses for 245-247 South St, Northampton MA 01060
Total Gross Expenses (Calculated)$13,856/year
APOD AvailableNo
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$2,150
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$5,700
Miscellaneous$0
Real Estate Tax$6,006
Annual Income & Unit Breakdown for 245-247 South St, Northampton MA 01060
Total Gross Income (Calculated)$57,540
Unit 1
Rental Income2095
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income2700
LeaseY
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 245-247 South St, Northampton MA 01060
Listing ID73348093
Property TypeMulti Family / 2 Family
Price$625,000 ($272.93/SqFt)
Style
CityNorthampton
CountyHampshire
MLS Area
Neighborhood(s)
Approximate Living Area Total2,290 SqFt
Approximate Lot Size (Acres)0.27 acres
Total Parking7
Garage Parking1 / Detached
Year Built1918
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsRenovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel, Sloped
Foundation Area
Foundation DescriptionConcrete Perimeter,Block,Stone,Brick/Mortar
Accessible Features
Outdoor SpacePorch
ZoningURB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 245-247 South St, Northampton MA 01060
Disclosures for 245-247 South St, Northampton MA 01060
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$7,850
Total Gross Income By Broker$57,540
Total Net Income By Broker$49,690
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 245-247 South St, Northampton MA 01060
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, Private School, University, Sidewalks
Contact Information for 245-247 South St, Northampton MA 01060