16 Washington Ave, Holyoke, MA 01040
Updated two-family home with off-street parking and garage.
- Added:
- Apr 23, 2026
- Days on Market:
- 66
- Last Refresh:
- Apr 23 at 8:29 am
Property Features for 16 Washington Ave
General Information
- Standard status
- Active
- Size
- 2,056 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1880
Listing office Gallagher Real Estate (413) 523-5664
Listing date Apr 23, 2026
Source Alliancepartnersre
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
HighLights
- Updated 2‑family home ideal for investors or owner‑occupants
- Two units with a total of 5 bedrooms and 3 full baths
- Over 2,000 sq ft of living space
- Separate gas and electric meters for each unit
- Finished attic in the second unit with a private bathroom
- Off‑street parking with a paved driveway and 2‑car garage
Overview
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 | $40.7k | $19.80 |
| − Vacancy | −$2.2k | −$1.09 |
| EGI | $38.5k | $18.71 |
| − OpEx | −$11.5k | −$5.61 |
| NOI | $26.9k | $13.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Holyoke
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.6277334
- Latitude
- 42.1933703
