Fully Occupied 8-Unit
17 Adams Easthampton, MA 01027
17 Adams, Easthampton, MA, 01027
$1,195,000
For Sale
$1,195,000
Fully occupied 8-family property with separate utilities and a detached 3-bay garage on a corner lot.
Property Size5,434 SF
Lot Size0.50 Acres
Price / SF$219.91
Days on Market125
Property Features for 17 Adams
General Information
- Standard status
- Active
- Size
- 5,434 SF
- Lot size
- 0.50 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1885
Listing agency
KEMPF-VANDERBURGH REALTY CONSULTANTS,INC.
Listed by
Maria Liccardi
(413) 458-8366
Source
Altonwestall
Added: Mar 20 Updated: Jul 21 at 7:40AM Checked: Jul 21 at 7:40AM
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 KEMPF-VANDERBURGH REALTY CONSULTANTS,INC.
Investment Insights
Based on property information with market context.
This income-producing 8-family home is fully occupied and supported by individual systems, with separate heat, hot water, and electricity for the apartments. The property also includes a detached 3-bay garage, and all three garage bays are rented, providing additional income.
Set on an almost half-acre corner lot, the building is complemented by plenty of off-street parking. The property is in a convenient Easthampton area close to shops and restaurants, with easy access to local attractions.
The arrangement of separate utilities for each unit, combined with dedicated garage revenue, supports straightforward day-to-day occupancy and tenant separation.
Set on an almost half-acre corner lot, the building is complemented by plenty of off-street parking. The property is in a convenient Easthampton area close to shops and restaurants, with easy access to local attractions.
The arrangement of separate utilities for each unit, combined with dedicated garage revenue, supports straightforward day-to-day occupancy and tenant separation.
Key Highlights
- Fully occupied 8‑family home built in 1885
- Detached 3‑bay garage with all 3 bays rented for additional income
- Almost half‑acre corner lot with plenty of off‑street parking
Local Financial Insights For Apartment 5plus
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 | $136.9k | $25.20 |
| − Vacancy | −$6.4k | −$1.18 |
| EGI | $130.5k | $24.02 |
| − OpEx | −$58.7k | −$10.81 |
| NOI | $71.8k | $13.21 |
5,434 SF · lease $25.20/SF/yr · vacancy 4.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.03M
$897.2K – $1.20M
NOI $71,775 @ 7.0% cap · market cap 6.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.31M
$2.90M – $3.86M
NOI $231,645 @ 7.0% cap · market cap 19.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Fully occupied 8-family property with separate utilities and a detached 3-bay garage on a corner lot.
Where is this apartment building located?
The property is located at 17 Adams Easthampton, MA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Fully occupied 8‑family home built in 1885; Detached 3‑bay garage with all 3 bays rented for additional income; Almost half‑acre corner lot with plenty of off‑street parking
