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Two-Unit Duplex with Sunroom

59 North St, Northampton, MA 01060

For Sale
New
$595,000
Pending

Two apartments combine distinct floor plans with a four-season sunroom available to both households.

Property Size2,690 SF
Days on Market4

Property Features for 59 North St

General Information

Standard status Pending
Size 2,690 SF
Total Parking Spaces 5
Property subtype Residential Income
Zoning URC

Units

Unit Mix 1 x 3BR, 1 x 2BR
Multifamily Units 2
Individually Metered Utilities unspecified utilities

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $7,936

Amenities

Sunroom
Ceiling Fan(s)
Bathroom With Tub & Shower
Living Room
Dining Room
Kitchen
Laundry Room
Office/Den
Rain Gutters
Professional Landscaping
Garden

Building Details

Building Size 2,690 SF
Year Built 1890
Buildings 1
Stories 2
Units 2
Listing Agency: Brick & Mortar Northampton
Listed By: Chrissy Neithercott
Source: Cityviewrealestate
Added: Nov 6 Changed: Nov 7 Last Checked: Nov 8 at 2:21PM

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 Brick & Mortar Northampton

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Investment Insights

Based on property information with market context.

This 2,690-square-foot duplex, built in 1890, contains two apartments with hardwood floors, central air, covered porches, and separate utilities. The first-floor residence has three bedrooms, a kitchen, and a separate living and dining room. Upstairs, the two-bedroom apartment includes an office adjoining the living room, an open kitchen, a dining nook, and in-unit laundry. Both units can access a four-season sunroom.

Additional space includes a recreation room and bathroom in the basement, along with an open attic. Owned solar panels and gas appliances are also part of the property. The address is 59 North St in Northampton, approximately 0.5 miles from downtown. URC zoning is reported for the property.

Key Highlights

  • 2,690‑square‑foot duplex with two separate apartments
  • First‑floor unit has 3 bedrooms; second‑floor unit has 2 bedrooms, an office, and in‑unit laundry
  • Four‑season sunroom is accessible from both apartments

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,859
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$777,180 $777.2K
Cap Rate 7%
$555,129 $555.1K
Cap Rate 9%
$431,767 $431.8K
Market Conditions
NOI Build-Up for 2,690 SF
Gross rent
$58.1K $21.60/SF
− Vacancy
−$2.6K −$0.96/SF
EGI
$55.5K $20.64/SF
− OpEx
−$16.7K −$6.19/SF
NOI
$38.9K $14.45/SF
Area
Hampshire County, MA
Vacancy
4.46%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$777,180
Cap Rate 7%
$555,129
Cap Rate 9%
$431,767

Alternative Uses

Best Use
Multifamily LT 5
$555.1K
$485.7K – $647.7K (±1% cap)
NOI $38,859 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$507.6K
$444.1K – $592.2K (±1% cap)
NOI $35,531 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M (±1% cap)
NOI $114,671 @ 7.0% cap · market cap 19.27%
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
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,506
Businesses Nearby

Demographics for 01060, MA

14,461
Population
7,875
Households
1.8
Avg Household Size
42
Median Age
69%
College-Educated
95%
High-School Grad
10.9 sq mi
ZIP Area
1,327
Density / Sq Mi
$75,077
Median Household Income
$49,151
Median Earnings
$1,460
Median Rent
$427,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Hampshire County, MA

$239 Jul
$241 Aug
$214 Sep
$187 Oct

Properties on Market for Duplexes in Hampshire County

Jul
Aug
Sep
Oct

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 - Two apartments combine distinct floor plans with a four-season sunroom available to both households.
Where is this duplex located?
The property is located at 59 North St Northampton, MA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 2,690‑square‑foot duplex with two separate apartments; First‑floor unit has 3 bedrooms; second‑floor unit has 2 bedrooms, an office, and in‑unit laundry; Four‑season sunroom is accessible from both apartments
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