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Three-Unit Multifamily Property
New
For Sale
$450,000

20-22 Gates St, Holyoke, MA 01040

Updated kitchens and floor-by-floor living areas support a flexible residential configuration.

Property Size3,952 SF
Price / SF$113.87
Days on Market6

Property Features for 20-22 Gates St

General Information

Standard status Active
Size 3,952 SF
Total Parking Spaces 1
Property subtype Multi Family

Additional Details

Highway Access Yes
Multifamily Units 3
Tenant in Place Yes

Amenities

washer/dryer hookups

Building Details

Year Built 1890
Listing Agency: Naples Realty Group
Listed By: Sheila Perez · License #9562673
Source: Lockandkeyre
Added: Oct 28 Changed: Nov 1 Last Checked: Nov 1 at 5:50AM

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 Naples Realty Group

Rey
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Investment Insights

Based on property information with market context.

Built in 1890, this 3,952-square-foot triplex has three bedrooms on the first floor, with five more bedrooms and an office across the upper two levels. Each upper floor includes a kitchen and bathroom, and kitchens have been updated throughout. Washer and dryer hookups are available on every floor. The partially finished basement contains an additional bathroom, and the property includes a one-car garage.

The first-floor unit is occupied; the second and third floors are to be delivered vacant at closing. The roof is approximately five years old, and the chimney was redone in 2025. The property is in Holyoke near major highways and South Street Plaza, with shopping and grocery options nearby.

Key Highlights

  • Triplex with 3,952 square feet; built in 1890
  • First‑floor unit has 3 bedrooms; upper floors add 5 bedrooms and an office
  • Upper floors each have a kitchen and bathroom; updated kitchens throughout

Property Analytics

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

978
Businesses Nearby

Demographics for 01040, MA

38,238
Population
17,057
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
79%
High-School Grad
21.2 sq mi
ZIP Area
1,804
Density / Sq Mi
$51,892
Median Household Income
$41,801
Median Earnings
$1,016
Median Rent
$255,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Updated kitchens and floor-by-floor living areas support a flexible residential configuration.
Where is this triplex located?
The property is located at 20-22 Gates St Holyoke, MA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Triplex with 3,952 square feet; built in 1890; First‑floor unit has 3 bedrooms; upper floors add 5 bedrooms and an office; Upper floors each have a kitchen and bathroom; updated kitchens throughout
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