Charming Holyoke Two-Unit
2027-2029 Northampton Street, Holyoke, MA 01040
Historic two-unit home with modern updates and spacious layout.
Type:Multi-family / 2 Family - 2 Units Up/Down
Property size:
2,124 SFPrice / SF:
$181/SF- Added:
- Aug 9, 2023
- Days on Market:
- 1030
- Last Refresh:
- May 13 at 10:15 pm
Property Features for 2027-2029 Northampton Street
General Information
- Standard status
- Active
- Size
- 2,124 SF
- Property subtype
- Multi-family / 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1900
Listing agent Frances Alvarez License #9029226 (508) 904-6943
Listing office Palace Realty Boston (508) 904-6943
Listing date Aug 9, 2023
Source Compass
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 Palace Realty Boston
HighLights
- Two‑unit home in Holyoke, ideal for multi‑family living or rental income.
- Recently renovated kitchen (2023) with quartz countertops and stainless steel appliances.
- Spacious layout with 2,100 sq ft of living space, hardwood floors, and original woodwork.
- Vintage charm with large windows and a cozy living room featuring a woodstove.
- Includes modern conveniences such as a brand‑new washer & dryer.
- Unfinished walk‑up attic offers potential for conversion and added living space.
Overview
This historic two-unit home, located in Holyoke, offers over 2,100 sq ft of living space. The first floor features hardwood floors, original woodwork, and large windows. The kitchen was renovated in 2023 and includes quartz countertops, stainless steel appliances, and a center island. The living room features a woodstove. There is also a formal dining room. The primary bedroom retains its period appeal. Modern conveniences include a new washer and dryer. The property also includes an unfinished walk-up attic that can be converted.
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 | $42.1k | $19.80 |
| − Vacancy | −$2.3k | −$1.09 |
| EGI | $39.7k | $18.71 |
| − OpEx | −$11.9k | −$5.61 |
| NOI | $27.8k | $13.10 |
2,124 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$397.4K
$347.8K – $463.7K
NOI $27,820 @ 7.0% cap · market cap 7.23%
Second Best
Apartment 5plus
$368.3K
$322.3K – $429.7K
NOI $25,782 @ 7.0% cap · market cap 6.70%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,634 @ 7.0% cap · market cap 23.80%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Holyoke
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.6301387
- Latitude
- 42.1929978
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Historic two-unit home with modern updates and spacious layout.
Where is this duplex located?
The property is located at 2027-2029 Northampton Street Holyoke, MA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two‑unit home in Holyoke, ideal for multi‑family living or rental income.; **Recently renovated kitchen (2023) with quartz countertops and stainless steel appliances.**; Spacious layout with 2,100 sq ft of living space, hardwood floors, and original woodwork.
