Multifamily Buildings Package For
For Sale
$1,500,000
Pending
275-285 Suffolk St, Holyoke, MA 01040
Two multifamily buildings totaling 15 units, value-add opportunity.
Property Size13,032 SF
Days on Market146
Property Features for 275-285 Suffolk St
General Information
Standard status
Pending
Size
13,032 SF
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$16,687
Building Details
Building Size
13,032 SF
Year Built
1920
Stories
5
Units
15
Listing Agency:
(413) 530-9393
Listed By:
Ryan Hellyar
(413) 530-9393
Source:
Elliman
Added: Apr 10
Changed: Aug 16
Last Checked: Sep 1 at 10:04PM
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 Ryan Hellyar
Investment Insights
Based on property information with market context.
Offered for sale is a package consisting of two adjacent three-story buildings located on the corner of Suffolk Street and Clinton Avenue. The combined property features a total of 15 units, with 9 units in one building and 6 in the other. This presents an investor-oriented, value-add opportunity, as many long-term tenants are currently paying below-market rents. The buildings are equipped with steam boiler heating systems, one using oil and the other natural gas; one boiler was replaced a year ago. Additional features include rubber membrane roofs, 8 garage bays, 6 off-street parking spaces, and fire monitoring systems. Emergency lighting updates have been completed. The location has a walk score of 60, indicating it is somewhat walkable, a bike score of 47, indicating it is somewhat bikeable, and a transit score of 47, indicating some transit options are available.
Key Highlights
- Package deal: Two side‑by‑side buildings totaling 15 units.
- Value‑add opportunity with below‑market rents.
- 8 garage bays plus 6 additional off‑street parking spaces.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,046
Businesses Nearby
Explore this area
Business Placement
Demographics for 01040, MA
38,238
Population
17,057
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
79%
High-School Grad
21.2 sq mi
ZIP Area
1,804
Density / Sq Mi
$51,892
Median Household Income
$41,801
Median Earnings
$1,016
Median Rent
$255,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two multifamily buildings totaling 15 units, value-add opportunity.
Where is this apartment building located?
The property is located at 275-285 Suffolk St Holyoke, MA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Package deal: **Two side‑by‑side buildings totaling 15 units.**; Value‑add opportunity with below‑market rents.; 8 garage bays plus 6 additional off‑street parking spaces.**
