Up-and-Down Duplex with Separate
For Sale
$620,000
12 School Street, Northampton, MA 01060
Well-maintained up-and-down duplex with 3-bedroom units, in-unit laundry, separate utilities, and updated systems.
Property Size2,674 SF
Price / SF$231.86
Days on Market361
Property Features for 12 School Street
General Information
Standard status
Active
Size
2,674 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Zoning
URB - 31D
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,192
Building Details
Building Size
2,674 SF
Year Built
1900
Stories
4
Tenancy
Multi
Listing Agency:
Denny Nolan Real Estate
Listed By:
Denny R. Nolan · License #126178
(413) 626-2357
Source:
Churchillprop
Added: Oct 10, 2025
Changed: Oct 4
Last Checked: Oct 4 at 7:09AM
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.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,628
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$772,560
$772.6K
Cap Rate 7%
$551,829
$551.8K
Cap Rate 9%
$429,200
$429.2K
Market Conditions
NOI Build-Up for 2,674 SF
Gross rent
$57.8K $21.60/SF
− Vacancy
−$2.6K −$0.96/SF
EGI
$55.2K $20.64/SF
− OpEx
−$16.6K −$6.19/SF
NOI
$38.6K $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%
$772,560
Cap Rate 7%
$551,829
Cap Rate 9%
$429,200
Alternative Uses
Best Use
Multifamily LT 5
$551.8K
$482.9K – $643.8K
NOI $38,628 @ 7.0% cap · market cap 6.23%
Second Best
Apartment 5plus
$504.6K
$441.5K – $588.7K
NOI $35,320 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$1.63M
$1.42M – $1.90M
NOI $113,989 @ 7.0% cap · market cap 18.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,365
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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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
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 $620,000.
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
