Three-Unit Farmhouse with
15 Main St Hatfield, MA 01038
15 Main St, Hatfield, MA, 01038
$700,000
For Sale
$700,000
A rare 3-unit property with multiple outbuildings, offering flexible income potential and strong owner-occupant options.
Property Size4,142 SF
Price / SF$169
Days on Market52
Property Features for 15 Main St
General Information
- Standard status
- Active
- Size
- 4,142 SF
- Property subtype
- 3 Family
Building Details
- Year Built
- 1772
Listing Agency
Keller Williams Realty
(413) 364-0025
Listed by
Tanya Harvey Group
(413) 364-0025
Source
Lockandkeyre
Added: May 28 Checked: Jul 17 at 1:03 pm
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
Set on 12+ acres, this rare three-unit dwelling blends classic farmhouse character with practical, updated components. The property includes three separate units, each with its own washer/dryer hookup, and generous living areas with eat-in kitchens. Several systems have been updated over time, including portions of the roof, electrical, and plumbing, and there is a brand-new energy-on-demand furnace. Interior details include wood floors, original trim, a welcoming foyer, and a cement floor basement. An attached 1-car garage and a spacious loft above it add additional usable space.
Two of the three units are currently occupied, creating an immediate occupancy-based income profile. Outside, mature landscaping, ample parking, and substantial barn/garage space support storage, equipment, or workshop use, with room for future possibilities. Buyer and buyer’s agent should verify use and zoning.
This is a strong fit for investors seeking a small multifamily with individual unit laundry hookups and existing revenue, or for buyers who want to live in one unit while renting the others. The combination of multi-unit layout, on-site utility updates, and significant accessory space also supports multi-generational living and ownership flexibility.
Two of the three units are currently occupied, creating an immediate occupancy-based income profile. Outside, mature landscaping, ample parking, and substantial barn/garage space support storage, equipment, or workshop use, with room for future possibilities. Buyer and buyer’s agent should verify use and zoning.
This is a strong fit for investors seeking a small multifamily with individual unit laundry hookups and existing revenue, or for buyers who want to live in one unit while renting the others. The combination of multi-unit layout, on-site utility updates, and significant accessory space also supports multi-generational living and ownership flexibility.
Key Highlights
- Rare 3‑unit dwelling on 12+ acres with two barns and substantial barn/garage space for storage, equipment, or workshop use
- Three separate units (1–2 bedroom) with eat‑in kitchens, generous living areas, and wood floors plus original trim
- Brand‑new energy‑on‑demand furnace; updates reported to roof, electrical, and plumbing systems over the home’s lifetime
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 | $89.5k | $21.60 |
| − Vacancy | −$4.0k | −$0.96 |
| EGI | $85.5k | $20.64 |
| − OpEx | −$25.6k | −$6.19 |
| NOI | $59.8k | $14.45 |
4,142 SF · lease $21.60/SF/yr · vacancy 4.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$854.8K
$747.9K – $997.2K
NOI $59,834 @ 7.0% cap · market cap 8.55%
Second Best
Apartment 5plus
$781.6K
$683.9K – $911.8K
NOI $54,710 @ 7.0% cap · market cap 7.82%
Theoretical Best
Office A
$2.52M
$2.21M – $2.94M
NOI $176,568 @ 7.0% cap · market cap 25.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - A rare 3-unit property with multiple outbuildings, offering flexible income potential and strong owner-occupant options.
Where is this triplex located?
The property is located at 15 Main St Hatfield, MA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Rare 3‑unit dwelling on 12+ acres with two barns and substantial barn/garage space for storage, equipment, or workshop use; Three separate units (1–2 bedroom) with eat‑in kitchens, generous living areas, and wood floors plus original trim; Brand‑new energy‑on‑demand furnace; updates reported to roof, electrical, and plumbing systems over the home’s lifetime
