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2-Unit Duplex with Vacant Unit
For Sale
$475,000

35 Fisher Avenue, East Longmeadow, MA 01028

A first-floor residence is vacant, while the property’s business zoning may support uses subject to municipal approval.

Property Size1,776 SF
Price / SF$267.45
Days on Market8

Property Features for 35 Fisher Avenue

General Information

Standard status Active
Size 1,776 SF
Property subtype Multi-family

Additional Details

Road Access Yes
Multifamily Units 2

Building Details

Year Built 1920
Listing Agency: Premier Choice Realty
Listed By: Russell J. Sabadosa · License #452501212
Source: Jbarrettrealty
Added: Oct 26 Changed: Nov 1 Last Checked: Nov 1 at 6:21AM

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 Premier Choice Realty

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Investment Insights

Based on property information with market context.

This 1,776-square-foot duplex was built in 1920 and includes a vacant first-floor unit. Business zoning is noted for the property; any additional uses would require municipal approval.

The property is at 35 Fisher Avenue in East Longmeadow, on a dead-end street with businesses on both sides. Apple trees are also present on the grounds.

Key Highlights

  • Two‑family property with a vacant first‑floor unit
  • 1,776 square feet
  • Built in 1920

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,262
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,240 $465.2K
Cap Rate 7%
$332,314 $332.3K
Cap Rate 9%
$258,467 $258.5K
Market Conditions
NOI Build-Up for 1,776 SF
Gross rent
$35.2K $19.80/SF
− Vacancy
−$1.9K −$1.09/SF
EGI
$33.2K $18.71/SF
− OpEx
−$10.0K −$5.61/SF
NOI
$23.3K $13.10/SF
Area
Hampden County, MA
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,240
Cap Rate 7%
$332,314
Cap Rate 9%
$258,467

Alternative Uses

Best Use
Multifamily LT 5
$332.3K
$290.8K – $387.7K (±1% cap)
NOI $23,262 @ 7.0% cap · market cap 4.90%
Second Best
Apartment 5plus
$308.0K
$269.5K – $359.3K (±1% cap)
NOI $21,557 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$1.09M
$957.8K – $1.28M (±1% cap)
NOI $76,621 @ 7.0% cap · market cap 16.13%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

763
Businesses Nearby

Demographics for 01028, MA

16,417
Population
6,051
Households
2.7
Avg Household Size
46
Median Age
47%
College-Educated
94%
High-School Grad
12.9 sq mi
ZIP Area
1,273
Density / Sq Mi
$100,997
Median Household Income
$58,108
Median Earnings
$1,229
Median Rent
$344,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - A first-floor residence is vacant, while the property’s business zoning may support uses subject to municipal approval.
Where is this duplex located?
The property is located at 35 Fisher Avenue East Longmeadow, MA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑family property with a vacant first‑floor unit; 1,776 square feet; Built in 1920
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