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Up-and-Down Duplex with Separate Utilities

12 School Street Northampton, MA 01060

12 School Street, Northampton, MA, 01060
$675,000
For Sale
$675,000

Well-maintained up-and-down duplex with 3-bedroom units, in-unit laundry, separate utilities, and updated systems.

Property Size2,674 SF
Price / SF$252.43
Days on Market406

Property Features for 12 School Street

General Information

Standard status
Active
Size
2,674 SF
Property subtype
Multi-family / 2 Family - 2 Units Side by Side

Building Details

Year Built
1900
Listing agency Denny Nolan Real Estate
Listed by Denny R. Nolan · License #126178
Source Compass
Added: Jun 13, 2025 Updated: Jul 20 at 4:59PM Checked: Jul 22 at 10:13AM

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 Denny Nolan Real Estate


Investment Insights

Based on property information with market context.

This up-and-down duplex offers two residential units with 3 bedrooms each, including a living room, kitchen, office-den, and bath. Each side includes a laundry room with a washer and dryer, and the property has attic and basement access. Updates and maintenance include updated plumbing, wiring, city sewer lines, replacement windows, insulated construction, and gas furnaces with hot-water heaters. The home also has a lead-free certificate, and each unit has separate utilities.

The property features off-street parking and a nice, level rear yard. Both sides are currently empty following recent updating, providing flexibility for an owner-occupant or an investor seeking to place tenants after renovation work.

With a very well maintained interior and an excellent rental history, this duplex is presented as a straightforward two-unit income property in Northampton, Massachusetts at 12 School Street, MA 01060.

Key Highlights

  • Well‑maintained up‑and‑down duplex with 2 total baths
  • Each unit offers 3 bedrooms, a living room, kitchen, and an office‑den
  • In‑unit laundry on each side with washer & dryer included

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 $57.8k $21.60
− Vacancy −$2.6k −$0.96
EGI $55.2k $20.64
− OpEx −$16.6k −$6.19
NOI $38.6k $14.45
2,674 SF · lease $21.60/SF/yr · vacancy 4.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$551.8K
$482.9K – $643.8K (±1% cap)
NOI $38,628 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$504.6K
$441.5K – $588.7K (±1% cap)
NOI $35,320 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$1.63M
$1.42M – $1.90M (±1% cap)
NOI $113,989 @ 7.0% cap · market cap 16.89%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Home Appliance Store Butcher Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained up-and-down duplex with 3-bedroom units, in-unit laundry, separate utilities, and updated systems.
Where is this duplex located?
The property is located at 12 School Street Northampton, MA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Well‑maintained up‑and‑down duplex with 2 total baths; Each unit offers 3 bedrooms, a living room, kitchen, and an office‑den; In‑unit laundry on each side with washer & dryer included
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