Historic Two-Family
128 West Street Hadley, MA 01035
For Sale
$725,000
Gunstock post-and-beam two-family colonial built in 1780 with wood floors, outbuildings, and in-unit laundry.
Property Size3,549 SF
Lot Size1.00 Acre
Price / SF$204.28
Days on Market125
Property Features for 128 West Street
General Information
- Standard status
- Active
- Size
- 3,549 SF
- Lot size
- 1.00 Acre
- Property subtype
- Multi-family / 2 Family
Building Details
- Year Built
- 1780
Listing Agency:
5 College REALTORS®
(413) 549-5555
Listed By:
Jacqui Zuzgo · License #133192
(413) 549-5555
Source:
Compass
Added: Mar 21
Changed: Jul 23
Last Checked: Jul 23 at 8:32AM
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 5 College REALTORS®
Investment Insights
Based on property information with market context.
This historic Gunstock post-and-beam Colonial, built in 1780, offers a two-family layout with character throughout. The home features large, spacious rooms with beautiful wood floors and a total of 6 bedrooms and 3 baths. Each unit includes laundry facilities. Two Buderus natural gas heating systems provide heat for the property, and public water and sewer are available.
The property sits on a 1-acre lot and includes charming outbuildings. It is centrally located with easy access to schools, major routes, and shopping.
The property sits on a 1-acre lot and includes charming outbuildings. It is centrally located with easy access to schools, major routes, and shopping.
Key Highlights
- Gunstock post‑and‑beam two‑family Colonial built in 1780, located on historic West St Common
- 6 bedrooms and 3 full baths with an open floor plan, living room, dining room, kitchen, and office/den
- Wood floors plus tile, vinyl, and carpet throughout
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 | $76.7k | $21.60 |
| − Vacancy | −$3.4k | −$0.96 |
| EGI | $73.2k | $20.64 |
| − OpEx | −$22.0k | −$6.19 |
| NOI | $51.3k | $14.45 |
3,549 SF · lease $21.60/SF/yr · vacancy 4.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$732.4K
$640.9K – $854.5K
NOI $51,268 @ 7.0% cap · market cap 7.07%
Second Best
Apartment 5plus
$669.7K
$586.0K – $781.3K
NOI $46,877 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$2.16M
$1.89M – $2.52M
NOI $151,290 @ 7.0% cap · market cap 20.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Gunstock post-and-beam two-family colonial built in 1780 with wood floors, outbuildings, and in-unit laundry.
Where is this duplex located?
The property is located at 128 West Street Hadley, MA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Gunstock post‑and‑beam two‑family Colonial built in 1780, located on historic West St Common; 6 bedrooms and 3 full baths with an open floor plan, living room, dining room, kitchen, and office/den; Wood floors plus tile, vinyl, and carpet throughout
