Three-Unit Income
133 Oak Street Holyoke, MA 01040
133 Oak Street, Holyoke, MA, 01040
$369,900
For Sale
$369,900
Three well-kept units offer separate utilities, including two 3-bedroom, 1-bath units and a separate 1-bedroom, 1-bath unit.
Property Size2,438 SF
Price / SF$151.72
Days on Market44
Property Features for 133 Oak Street
General Information
- Standard status
- Active
- Size
- 2,438 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1895
Listing agency
Gallagher Real Estate
Listed by
The Andujar,Gallagher,Aguasvivas & Bloom Team
(413) 665-3771
Source
Cbcommunityrealtors
Added: Jun 8 Updated: Jul 21 at 4:27PM Checked: Jul 21 at 4:27PM
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 Gallagher Real Estate
Investment Insights
Based on property information with market context.
This well-kept three-family home offers three separate residential units, with two units featuring 5 rooms, 3 bedrooms, and 1 bathroom. The third unit includes 3 rooms with 1 bedroom and 1 bathroom.
The property is described as having separate utilities for the units, supporting independent operations. It is located in downtown Holyoke.
Overall, the layout provides two larger unit configurations alongside a smaller third unit, creating a straightforward three-unit setup for residential rental use.
The property is described as having separate utilities for the units, supporting independent operations. It is located in downtown Holyoke.
Overall, the layout provides two larger unit configurations alongside a smaller third unit, creating a straightforward three-unit setup for residential rental use.
Key Highlights
- 3‑family home built in 1895 in downtown Holyoke
- Two units offer 3 bedrooms and 1 bathroom each
- Third unit offers 1 bedroom and 1 bathroom
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 | $48.3k | $19.80 |
| − Vacancy | −$2.7k | −$1.09 |
| EGI | $45.6k | $18.71 |
| − OpEx | −$13.7k | −$5.61 |
| NOI | $31.9k | $13.10 |
2,438 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$456.2K
$399.2K – $532.2K
NOI $31,932 @ 7.0% cap · market cap 8.63%
Second Best
Apartment 5plus
$422.8K
$369.9K – $493.2K
NOI $29,593 @ 7.0% cap · market cap 8.00%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $105,181 @ 7.0% cap · market cap 28.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three well-kept units offer separate utilities, including two 3-bedroom, 1-bath units and a separate 1-bedroom, 1-bath unit.
Where is this triplex located?
The property is located at 133 Oak Street Holyoke, MA.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: 3‑family home built in 1895 in downtown Holyoke; Two units offer 3 bedrooms and 1 bathroom each; Third unit offers 1 bedroom and 1 bathroom
