Three-Unit Townhouse
For Sale
$880,000
11 Maple Avenue, Northampton, MA 01060
Residential units feature separate utilities, in-unit laundry, and access to on-site parking and garage space.
Property Size4,001 SF
Price / SF$219.95
Days on Market72
Property Features for 11 Maple Avenue
General Information
Standard status
Active
Size
4,001 SF
Total Parking Spaces
14
Property subtype
Multi-family
Units
Unit Mix
2 x 4BR/2BA, 1 x 1BR/1BA
Multifamily Units
3
Amenities
enclosed porch
fenced yard
storage shed
laundry
Building Details
Year Built
1900
Listing Agency:
The Murphys REALTORS,Inc.
Listed By:
David A. Murphy · License #449000181
(413) 530-2275
Source:
Murphyrealtors
Added: Aug 6
Changed: Oct 13
Last Checked: Oct 16 at 8:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Murphys REALTORS,Inc.
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Investment Insights
Based on property information with market context.
This 4,001-square-foot triplex, built in 1900, combines townhouse-style residences with a third-floor one-bedroom penthouse apartment. The townhouse units include four bedrooms, two bathrooms, living areas, and kitchens equipped with appliances. Laundry facilities and separate utilities serve the units individually.
The property includes a two-car garage, 12 additional parking spaces, enclosed porches on the first and second floors, a partially fenced yard, and a large storage shed. The property is within walking distance of downtown Northampton. Additional parking spaces are rented by the current owner for supplemental income.
The property includes a two-car garage, 12 additional parking spaces, enclosed porches on the first and second floors, a partially fenced yard, and a large storage shed. The property is within walking distance of downtown Northampton. Additional parking spaces are rented by the current owner for supplemental income.
Key Highlights
- 4,001‑square‑foot triplex built in 1900
- Two townhouse‑style units with four bedrooms and two baths, plus a one‑bedroom penthouse apartment
- Separate utilities and laundry facilities for all units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,797
Cap Rate
6.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,155,940
$1.2M
Cap Rate 7%
$825,671
$825.7K
Cap Rate 9%
$642,189
$642.2K
Market Conditions
NOI Build-Up for 4,001 SF
Gross rent
$86.4K $21.60/SF
− Vacancy
−$3.9K −$0.96/SF
EGI
$82.6K $20.64/SF
− OpEx
−$24.8K −$6.19/SF
NOI
$57.8K $14.45/SF
Area
Hampshire County, MA
Vacancy
4.46%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,155,940
Cap Rate 7%
$825,671
Cap Rate 9%
$642,189
Alternative Uses
Best Use
Multifamily LT 5
$825.7K
$722.5K – $963.3K
NOI $57,797 @ 7.0% cap · market cap 6.57%
Second Best
Apartment 5plus
$755.0K
$660.6K – $880.8K
NOI $52,848 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$2.44M
$2.13M – $2.84M
NOI $170,558 @ 7.0% cap · market cap 19.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,334
Businesses Nearby
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Business Placement
Demographics for 01060, MA
14,461
Population
7,875
Households
1.8
Avg Household Size
42
Median Age
69%
College-Educated
95%
High-School Grad
10.9 sq mi
ZIP Area
1,327
Density / Sq Mi
$75,077
Median Household Income
$49,151
Median Earnings
$1,460
Median Rent
$427,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Residential units feature separate utilities, in-unit laundry, and access to on-site parking and garage space.
Where is this triplex located?
The property is located at 11 Maple Avenue Northampton, MA.
What is the asking price?
The asking price for this property is $880,000.
What are key features of this property?
This property features: 4,001‑square‑foot triplex built in 1900; Two townhouse‑style units with four bedrooms and two baths, plus a one‑bedroom penthouse apartment; Separate utilities and laundry facilities for all units
