Three-Family Residential Income
58 Bardwell St South Hadley, MA 01075
58 Bardwell St, South Hadley, MA, 01075
$549,900
For Sale
$549,900
Three spacious apartments with separately metered electric are arranged across three floors, plus a walkout basement with common laundry.
Property Size3,432 SF
Price / SF$160.23
Days on Market49
Property Features for 58 Bardwell St
General Information
- Standard status
- Active
- Size
- 3,432 SF
- Property subtype
- 3 Family
Building Details
- Year Built
- 1952
Listing agency
ERA M Connie Laplante Real Estate
(413) 386-9856
Listed by
Dakota Richards
(413) 386-9856
Source
Lockandkeyre
Added: Jun 3 Updated: Jul 21 at 1:20PM Checked: Jul 21 at 1:20PM
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 ERA M Connie Laplante Real Estate
Investment Insights
Based on property information with market context.
This meticulously maintained three-family home offers three spacious apartments configured with one first-floor unit and two units spanning the second and third floors. Each unit has separately metered electric with divided utilities, supporting straightforward management. Hardwood floors run throughout the apartments, and rear decks provide outdoor space for tenants.
A walkout basement includes common laundry, tenant storage, and additional finished space with potential for future income opportunities. The property sits on a large yard set away from downtown activity.
The first-floor unit is vacant at closing, giving buyers flexibility to owner-occupy while maintaining the income-producing structure of the remaining units.
A walkout basement includes common laundry, tenant storage, and additional finished space with potential for future income opportunities. The property sits on a large yard set away from downtown activity.
The first-floor unit is vacant at closing, giving buyers flexibility to owner-occupy while maintaining the income-producing structure of the remaining units.
Key Highlights
- Three‑family home built in 1952 with three spacious apartments across three floors
- One first‑floor unit and two units spanning the second and third floors
- Separately metered electric for each unit with divided utilities
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 | $74.1k | $21.60 |
| − Vacancy | −$3.3k | −$0.96 |
| EGI | $70.8k | $20.64 |
| − OpEx | −$21.2k | −$6.19 |
| NOI | $49.6k | $14.45 |
3,432 SF · lease $21.60/SF/yr · vacancy 4.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$708.2K
$619.7K – $826.3K
NOI $49,577 @ 7.0% cap · market cap 9.02%
Second Best
Apartment 5plus
$647.6K
$566.7K – $755.5K
NOI $45,332 @ 7.0% cap · market cap 8.24%
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M
NOI $146,302 @ 7.0% cap · market cap 26.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three spacious apartments with separately metered electric are arranged across three floors, plus a walkout basement with common laundry.
Where is this triplex located?
The property is located at 58 Bardwell St South Hadley, MA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Three‑family home built in 1952 with three spacious apartments across three floors; One first‑floor unit and two units spanning the second and third floors; Separately metered electric for each unit with divided utilities
