Two-Unit Residential Income
21-23 Parker St Holyoke, MA 01040
New
21-23 Parker St, Holyoke, MA, 01040
$325,000
For Sale
$325,000
Duplex features two 2-bedroom, 1-bath units with dedicated driveways, washer/dryer hookups, and fenced yard.
Property Size2,088 SF
Price / SF$155.65
Days on Market4
Property Features for 21-23 Parker St
General Information
- Standard status
- Active
- Size
- 2,088 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1880
Listing Agency
NextHome Elite Realty
(413) 210-9714
Listed by
Next Level Realty Team · License #PersonLicenseNumber
(413) 210-9714
Source
Lockandkeyre
Added: Jul 14 Checked: Jul 17 at 2:20 am
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 NextHome Elite Realty
Investment Insights
Based on property information with market context.
This residential income duplex offers two separate 2-bedroom, 1-bath units. Each unit has its own dedicated driveway for off-street parking and includes individual washer and dryer hookups. Exterior improvements include replacement windows and vinyl siding, and the property also features a fenced yard.
Located at 21-23 Parker St, Holyoke, MA 01040, the property is described as being close to shopping, restaurants, parks, and major routes. The public remarks also note Holyoke’s municipally owned gas and electric services.
The units are presented as well maintained by the current owner. Showings are scheduled for open houses on Friday 7/17 from 5:30 PM to 7:00 PM and Sunday 7/19 from 11:00 AM to 12:30 PM.
Located at 21-23 Parker St, Holyoke, MA 01040, the property is described as being close to shopping, restaurants, parks, and major routes. The public remarks also note Holyoke’s municipally owned gas and electric services.
The units are presented as well maintained by the current owner. Showings are scheduled for open houses on Friday 7/17 from 5:30 PM to 7:00 PM and Sunday 7/19 from 11:00 AM to 12:30 PM.
Key Highlights
- Duplex built in 1880 with two 2‑bedroom, 1‑bath units
- Each unit has its own dedicated driveway for off‑street parking
- Each unit includes washer and dryer hookups
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 | $41.3k | $19.80 |
| − Vacancy | −$2.3k | −$1.09 |
| EGI | $39.1k | $18.71 |
| − OpEx | −$11.7k | −$5.61 |
| NOI | $27.3k | $13.10 |
2,088 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$390.7K
$341.9K – $455.8K
NOI $27,348 @ 7.0% cap · market cap 8.41%
Second Best
Apartment 5plus
$362.1K
$316.8K – $422.4K
NOI $25,345 @ 7.0% cap · market cap 7.80%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,081 @ 7.0% cap · market cap 27.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex features two 2-bedroom, 1-bath units with dedicated driveways, washer/dryer hookups, and fenced yard.
Where is this duplex located?
The property is located at 21-23 Parker St Holyoke, MA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Duplex built in 1880 with two 2‑bedroom, 1‑bath units; Each unit has its own dedicated driveway for off‑street parking; Each unit includes washer and dryer hookups
