Historic Two-Family
130 West Street Hadley, MA 01035
130 West Street, Hadley, MA, 01035
$599,900
For Sale
$599,900
Historic two-family residence offers two units, each with four bedrooms and one full bathroom.
Property Size2,520 SF
Price / SF$238.06
Days on Market101
Property Features for 130 West Street
General Information
- Standard status
- Active
- Size
- 2,520 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1753
Listing agency
Valley Real Estate Company
Listed by
Peter Gelinas
(617) 846-8000
Source
Highlandre
Added: Apr 12 Updated: Jul 21 at 8:04AM Checked: Jul 21 at 8:04AM
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 Valley Real Estate Company
Investment Insights
Based on property information with market context.
This historic two-family home provides two separate residential units, with each unit featuring four bedrooms and one full bathroom. The property is configured as a duplex-style arrangement and is presented as a residential income asset with both units in place.
The home is located on the Hadley town common area at 130 West Street in Hadley, Massachusetts. The seller’s remarks describe the surrounding area as close to local farms, shopping, dining, and nearby colleges.
Per the provided information, the property is currently described as generating over $7,700 in monthly rental income. Seller financing is also mentioned, with up to 10% (60 months) available for qualified buyers.
The home is located on the Hadley town common area at 130 West Street in Hadley, Massachusetts. The seller’s remarks describe the surrounding area as close to local farms, shopping, dining, and nearby colleges.
Per the provided information, the property is currently described as generating over $7,700 in monthly rental income. Seller financing is also mentioned, with up to 10% (60 months) available for qualified buyers.
Key Highlights
- Historic two‑family home built in 1753, located on the Hadley town common
- Two residential units, each with 4 bedrooms and 1 full bathroom
- Generates over $7,700 in monthly rental income (as stated in remarks)
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 | $54.4k | $21.60 |
| − Vacancy | −$2.4k | −$0.96 |
| EGI | $52.0k | $20.64 |
| − OpEx | −$15.6k | −$6.19 |
| NOI | $36.4k | $14.45 |
2,520 SF · lease $21.60/SF/yr · vacancy 4.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$520.0K
$455.0K – $606.7K
NOI $36,403 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$475.5K
$416.1K – $554.8K
NOI $33,286 @ 7.0% cap · market cap 5.55%
Theoretical Best
Office A
$1.53M
$1.34M – $1.79M
NOI $107,425 @ 7.0% cap · market cap 17.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Historic two-family residence offers two units, each with four bedrooms and one full bathroom.
Where is this duplex located?
The property is located at 130 West Street Hadley, MA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Historic two‑family home built in 1753, located on the Hadley town common; Two residential units, each with 4 bedrooms and 1 full bathroom; Generates over $7,700 in monthly rental income (as stated in remarks)
