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Three-Family Residence with Garage

414-416 Hillside Ave Holyoke, MA 01040

New
414-416 Hillside Ave, Holyoke, MA, 01040
$450,000
For Sale
$450,000

MULTI_FAMILY - Holyoke, MA

Property Size3,134 SF
Price / SF$143.59
Days on Market1

Property Features for 414-416 Hillside Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-1A
Bedrooms
6
Bathrooms
3
Rooms
Bathroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 6, Bedroom 1
Parking
7
Standard status
Active
APN
2535492
Size
3,134 SF

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
6243

Building Details

Year built
1920
Floors in Building
3
Number of units
3
Listing Agency RE/MAX IGNITE
133 Maple Street, MA
Listed by Daisy Sanchez · License #9523217
Added: Jul 18 Checked: Jul 18 at 4:06 am
MLS# 73551748 Listing URL

Copyright © 2026 MLS Property Information Network 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 three-story three-family residence was built in 1920 and totals 3,134 square feet. The building includes six bedrooms across its units and offers a three-car garage for secure parking and added storage. The property is being sold as-is, and a three-family unit needs work.

The property address is 414-416 Hillside Ave in Holyoke, Massachusetts (01040), in Hampden County. Showings are deferred until Tuesday, July 21, 2026, with first showings scheduled during the open house from 5:00 PM to 6:30 PM.

Designed as a multi-unit dwelling, the home provides private accommodations within three separate units and includes on-site garage parking.

Key Highlights

  • Three‑family residence built in 1920 at 414‑416 Hillside Ave, Holyoke, MA
  • Approximately 3,134 SF three‑story building with 6 bedrooms total across the units
  • Includes 3‑car garage for secure parking and additional storage

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 $62.1k $19.80
− Vacancy −$3.4k −$1.09
EGI $58.6k $18.71
− OpEx −$17.6k −$5.61
NOI $41.0k $13.10
3,134 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$586.4K
$513.1K – $684.1K (±1% cap)
NOI $41,048 @ 7.0% cap · market cap 9.12%
Second Best
Apartment 5plus
$543.4K
$475.5K – $634.0K (±1% cap)
NOI $38,041 @ 7.0% cap · market cap 8.45%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M (±1% cap)
NOI $135,208 @ 7.0% cap · market cap 30.05%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

HVAC Service Kitchen & Bath Showroom Building Supply Electrical Service Computer & Electronic Repair Plumbing Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three-story three-family home with a three-car garage and six bedrooms, built in 1920, sold as-is and needs work.
Where is this triplex located?
The property is located at 414-416 Hillside Ave 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: Three‑family residence built in 1920 at 414‑416 Hillside Ave, Holyoke, MA; Approximately 3,134 SF three‑story building with 6 bedrooms total across the units; Includes 3‑car garage for secure parking and additional storage
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