Two-Unit Residential Duplex
21-23 Parker St Holyoke, MA 01040
New
21-23 Parker St, Holyoke, MA, 01040
$325,000
For Sale
$325,000
Residential Multi Family, Other - Holyoke, MA
Property Size2,088 SF
Lot Size0.11 Acres
Price / SF$155.65
Days on Market4
Property Features for 21-23 Parker St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Standard status
- Active
- Size
- 2,088 SF
- Lot size
- 0.11 Acres
Building Details
- Year built
- 1880
- Architectural style
- Other
Listing Agency
NextHome Elite Realty
(413) 391-1969
26 Main Street, MA
Listed by
Next Level Realty Team · License #PersonLicenseNumber
(413) 391-1969
Added: Jul 14 Checked: Jul 17 at 1:06 pm
MLS# 73549524
Listing URL
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This residential duplex features two spacious 2-bedroom, 1-bath units. Each unit has its own dedicated driveway for off-street parking, along with individual washer and dryer hookups. Updates and exterior improvements noted in the offering include replacement windows and vinyl siding, and the property includes a fenced yard.
The address is 21-23 Parker St in Holyoke, Massachusetts. The listing states the property is located close to shopping, restaurants, parks, and major routes.
The property is presented as a well-maintained, two-unit residential income property, offered for sale with showings scheduled at the open houses on Friday 7/17 from 5:30pm to 7:00pm and Sunday 7/19 from 11:00am to 12:30pm.
The address is 21-23 Parker St in Holyoke, Massachusetts. The listing states the property is located close to shopping, restaurants, parks, and major routes.
The property is presented as a well-maintained, two-unit residential income property, offered for sale with showings scheduled at the open houses on Friday 7/17 from 5:30pm to 7:00pm and Sunday 7/19 from 11:00am to 12:30pm.
Key Highlights
- Built in 1880; two spacious 2‑bedroom, 1‑bath units
- Each unit has its own dedicated driveway for off‑street parking
- Individual washer and dryer hookups for each unit
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
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two 2-bedroom, 1-bath units each include off-street parking and private washer/dryer hookups.
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: Built in 1880; two spacious 2‑bedroom, 1‑bath units; Each unit has its own dedicated driveway for off‑street parking; Individual washer and dryer hookups for each unit
