Northampton, MA 01060,86 Lyman Road
Northampton, MA 01060,86 Lyman Road
Northampton, MA 01060,86 Lyman Road
Northampton, MA 01060,86 Lyman Road
Northampton, MA 01060,86 Lyman Road
Northampton, MA 01060,86 Lyman Road
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$ 1,485,000
Est. payment | /mo

8 Beds

7 Baths

6,541 SqFt


Save
$ 1,485,000
Est. payment | /mo
Save

8 Beds

7 Baths

6,541 SqFt

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,541 sqft

Price per Sqft $227

MLS Listing ID 73446439

Bedrooms 8

Full Baths 7

Year Built 1900

Annual Tax Amount $10,055

Tax Year 2025

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type 5-9 Family

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

Direction Off South St

Rooms

Basement Full, Interior Entry, Bulkhead, Dirt Floor, Unfinished

Interior

Interior Features Bathroom With Tub & Shower, Other, Living Room, Kitchen

Heating Forced Air, Natural Gas, Individual

Cooling None

Flooring Wood, Vinyl, Carpet, Varies, Hardwood

Appliance Range, Refrigerator

Exterior

Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Utilities Available for Gas Range, for Electric Range, for Electric Oven, Varies per Unit

Roof Type Shingle

Total Parking Spaces 5

Garage No

Building

Lot Description Level, Other

Story 5

Foundation Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools Bridge Street

Middle Schools Jfk

High Schools Northampton/Smith Voc

Others

Senior Community false

Listed by The Murphys REALTORS®, Inc.

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86 Lyman Road

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