86 Lyman Road new Save Request In-Person Tour Request Virtual Tour
Northampton,MA 01060
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,541 sqft
Price per Sqft $227
MLS Listing ID 73446436
Year Built 1900
Annual Tax Amount $10,055
Tax Year 2025
Lot Size 0.310 Acres
Property Description
Exceptionally maintained 7-unit multi-family property located in the heart of Northampton. This income-producing gem boasts an excellent rental history with easy access to downtown Northampton, Smith College, the rail trail, train station, and major highways. Your tenants will enjoy close proximity to the vibrant downtown center's shopping, restaurants, and nightlife. Many recent updates include roof replacement, vinyl siding, exterior egresses and fire detection system plus whole house weatherization through Mass Save. 6 of the 7 gas furnaces have been updated within the last 8 years. The property features six 1-bedroom units and one 2-bedroom unit, off-street parking, separate utilities, and gas heat. Many units showcase hardwood flooring with updated kitchens and baths throughout. This well-positioned investment property offers both strong cash flow potential and the lifestyle amenities that keep tenants happy and lease renewals high. Pre-approved buyers only.
Location
State MA
County Hampshire
Zoning URB
Exterior
Utilities Available Public Water,Public Sewer,Natural Gas Available
Roof Type Asphalt/Composition Shingles