655 N Main St East Longmeadow, MA 01028
MULTI_FAMILY - East Longmeadow, MA
Property Features for 655 N Main St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 12
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 6, Bedroom 11, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 9, Bedroom 8, Bedroom 10, Bedroom 12, Bedroom 7, Bedroom 4, Bedroom 1, Bedroom 5
- Standard status
- Active
- APN
- M:001A B:0035 L:0005,3656925
- Size
- 4,036 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 4772
Building Details
- Year built
- 1900
- Floors in Building
- 4
- Number of units
- 4
Listing agent Laura Stevens (413) 565-5478
Listing office Keller Williams Realty 300 Pleasant Street, Longmeadow, MA (413) 585-0022
Listing date Jun 30, 2026
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Investment Insights
Based on property information with market context.
Recent exterior upgrades include a new roof (2025), new siding (2025), and newer windows. At closing, the property will be fully vacant, and three units are currently ready to show.
Designed for investors or owner-occupants seeking a straightforward four-family setup, the building offers consistent unit layouts and private outdoor space through each unit’s balcony. With multiple move-in-ready units and completed exterior improvements, this property presents a practical ownership option for those looking for a turnkey multifamily configuration. The lot size is approximately 0.1148 acres and the total property size is 4,036 square feet, with zoning listed as R1.
Key Highlights
- 4‑family property in East Longmeadow built in 1900
- Four units total, each with 3 bedrooms and 1 full updated bathroom with tub/shower
- Each unit includes a modern kitchen with custom cabinetry and a walk‑in pantry
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.9k | $19.80 |
| − Vacancy | −$4.4k | −$1.09 |
| EGI | $75.5k | $18.71 |
| − OpEx | −$22.7k | −$5.61 |
| NOI | $52.9k | $13.10 |
