Multifamily Buildings Package For
275-285 Suffolk St Holyoke, MA 01040
275-285 Suffolk St, Holyoke, MA, 01040
$1,500,000
For Sale
$1,500,000
Two multifamily buildings totaling 15 units, value-add opportunity.
Days on Market100
Property Features for 275-285 Suffolk St
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1920
Listing Agency
(413) 530-9393
Listed by
Ryan Hellyar
(413) 530-9393
Source
Elliman
Added: Apr 10 Checked: Jul 17 at 2:50 am
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.
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FAQs
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.**