Well-Maintained Four-Family
45-47 Pleasant Street Easthampton, MA 01027
New
45-47 Pleasant Street, Easthampton, MA, 01027
$689,900
For Sale
$689,900
Four-family property with ample off-street parking and tenants on month-to-month leases.
Property Size2,472 SF
Price / SF$279.09
Days on Market2
Property Features for 45-47 Pleasant Street
General Information
- Standard status
- Active
- Size
- 2,472 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1890
Listing agency
Gallagher Real Estate
Listed by
The Andujar,Gallagher,Aguasvivas & Bloom Team
(413) 586-7000
Source
Gogginsrealestate
Added: Jul 20 Updated: Jul 21 at 6:56AM Checked: Jul 21 at 6:56AM
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 Gallagher Real Estate
Investment Insights
Based on property information with market context.
This well-maintained four-family (quadplex) offers a cared-for, pride-of-ownership setting. The property is currently operating with all tenants on month-to-month leases, providing flexibility for the next owner. Ample off-street parking adds convenience for residents.
Located at 45-47 Pleasant Street in Easthampton, the building is described as within walking distance to downtown Easthampton, with access to nearby restaurants, shops, and entertainment.
Overall, this is a straightforward multifamily opportunity featuring four units, off-street parking, and month-to-month tenancy in a maintained asset.
Located at 45-47 Pleasant Street in Easthampton, the building is described as within walking distance to downtown Easthampton, with access to nearby restaurants, shops, and entertainment.
Overall, this is a straightforward multifamily opportunity featuring four units, off-street parking, and month-to-month tenancy in a maintained asset.
Key Highlights
- 1890‑built 4‑family property in Easthampton
- Tenants are on month‑to‑month leases
- Ample off‑street parking
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 | $53.4k | $21.60 |
| − Vacancy | −$2.4k | −$0.96 |
| EGI | $51.0k | $20.64 |
| − OpEx | −$15.3k | −$6.19 |
| NOI | $35.7k | $14.45 |
2,472 SF · lease $21.60/SF/yr · vacancy 4.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$510.1K
$446.4K – $595.2K
NOI $35,710 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$466.5K
$408.2K – $544.2K
NOI $32,652 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,378 @ 7.0% cap · market cap 15.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-family property with ample off-street parking and tenants on month-to-month leases.
Where is this quadplex located?
The property is located at 45-47 Pleasant Street Easthampton, MA.
What is the asking price?
The asking price for this property is $689,900.
What are key features of this property?
This property features: 1890‑built 4‑family property in Easthampton; Tenants are on month‑to‑month leases; Ample off‑street parking
