Duplex with Finished
For Sale
$439,900
538 Newton Street, South Hadley, MA 01075
Flexible two-unit layout with dedicated office space, abundant storage, and outdoor amenities.
Property Size2,475 SF
Price / SF$177.74
Days on Market27
Property Features for 538 Newton Street
General Information
Standard status
Active
Size
2,475 SF
Total Parking Spaces
10
Property subtype
Residential Income
Zoning
BA1
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,329
Amenities
storage shed
large backyard
fireplace
Building Details
Building Size
2,475 SF
Year Built
1959
Buildings
1
Stories
2
Listing Agency:
ERA M Connie Laplante Real Estate
Listed By:
Joni E Fleming · License #452503707
(413) 315-0570
Source:
Laerrealty
Added: Sep 9
Changed: Sep 24
Last Checked: Oct 5 at 3:59PM
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 ERA M Connie Laplante Real Estate
Investment Insights
Based on property information with market context.
This well-maintained duplex offers 2,475 square feet across two residential units, a finished basement, and a practical collection of supplemental spaces. The first-floor unit includes three bedrooms, a dining area, a large living room, a kitchen, a full bath, and a primary-bedroom half bath. An adjoining office has a separate entrance and dedicated parking area. Upstairs, the second unit provides a kitchen, bedroom, flex space with built-ins, and extensive closet storage, including a cedar closet.
The finished basement adds a large family room with fireplace, a separate laundry room with utility sink, and additional storage. Exterior features include a two-car garage, storage shed, and large backyard. Built in 1959, the property is located near shopping, dining, major routes, and area amenities.
The finished basement adds a large family room with fireplace, a separate laundry room with utility sink, and additional storage. Exterior features include a two-car garage, storage shed, and large backyard. Built in 1959, the property is located near shopping, dining, major routes, and area amenities.
Key Highlights
- 2,475‑square‑foot duplex with two residential units
- First‑floor unit includes three bedrooms and an adjoining office with separate entrance
- Second‑floor unit offers a kitchen, bedroom, flex space, built‑ins, and cedar closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,753
Cap Rate
8.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,060
$715.1K
Cap Rate 7%
$510,757
$510.8K
Cap Rate 9%
$397,256
$397.3K
Market Conditions
NOI Build-Up for 2,475 SF
Gross rent
$53.5K $21.60/SF
− Vacancy
−$2.4K −$0.96/SF
EGI
$51.1K $20.64/SF
− OpEx
−$15.3K −$6.19/SF
NOI
$35.8K $14.45/SF
Area
Hampshire County, MA
Vacancy
4.46%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,060
Cap Rate 7%
$510,757
Cap Rate 9%
$397,256
Alternative Uses
Best Use
Multifamily LT 5
$510.8K
$446.9K – $595.9K
NOI $35,753 @ 7.0% cap · market cap 8.13%
Second Best
Apartment 5plus
$467.0K
$408.6K – $544.9K
NOI $32,691 @ 7.0% cap · market cap 7.43%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,506 @ 7.0% cap · market cap 23.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
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Business Placement
Demographics for 01075, MA
18,168
Population
7,597
Households
2.4
Avg Household Size
41
Median Age
50%
College-Educated
96%
High-School Grad
17.7 sq mi
ZIP Area
1,026
Density / Sq Mi
$93,646
Median Household Income
$46,960
Median Earnings
$1,264
Median Rent
$324,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Flexible two-unit layout with dedicated office space, abundant storage, and outdoor amenities.
Where is this duplex located?
The property is located at 538 Newton Street South Hadley, MA.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: 2,475‑square‑foot duplex with two residential units; First‑floor unit includes three bedrooms and an adjoining office with separate entrance; Second‑floor unit offers a kitchen, bedroom, flex space, built‑ins, and cedar closet
