Fantastic 2-family investment opportunity in the heart of Northampton! Ideally located just steps from the Northampton Bike Path and close to Smith College and downtown, this fully rented property offers excellent rental income and long-term potential. Recent updates include...
This home has been viewed 18 times
Last Checked: April 15th, 2025 at 4:33am (Source: MLS PIN #73358458)
Gross Income: $33,600
Gross Expenses: $5,415
Net Income Calc: $28,185
CAP Rate: 4.51%
Annual Expenses for 275 State St, Northampton MA 01060
Total Gross Expenses (Calculated)$5,415/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,415
Annual Income & Unit Breakdown for 275 State St, Northampton MA 01060
Total Gross Income (Calculated)$33,600
Unit 1
Rental Income$1,450
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,350
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 275 State St, Northampton MA 01060
Listing ID73358458
Property TypeMulti Family / 2 Family
Price$625,000 ($249.4/SqFt)
Style2 Family - 2 Units Up/down
CityNorthampton
CountyHampshire
MLS Area
Neighborhood(s)
Approximate Living Area Total2,506 SqFt
Approximate Lot Size (Acres)0.17 acres
Total Parking3 (1 Garage)
Garage Parking1 / Detached
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCleared
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor SpaceEnclosed
ZoningURB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 275 State St, Northampton MA 01060
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$16,200
Total Net Income By Broker$16,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 275 State St, Northampton MA 01060
Real Estate Taxes$5,415
Tax Year2024
Assessed Value$356,500
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$16,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$16,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.51%
Location Information for 275 State St, Northampton MA 01060
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 275 State St, Northampton MA 01060