Renovated Two-Family
6 Center Street South Hadley, MA 01075
6 Center Street, South Hadley, MA, 01075
$398,000
For Sale
$398,000
Renovated two-apartment home with separate utilities, newer natural gas boilers, and screened porch access to the backyard.
Property Size1,984 SF
Price / SF$200.60
Days on Market78
Property Features for 6 Center Street
General Information
- Standard status
- Active
- Size
- 1,984 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing agency
Delap Real Estate LLC
(413) 246-5202
Listed by
April West
(413) 246-5202
Source
Lockandkeyre
Added: May 6 Updated: Jul 22 at 2:28AM Checked: Jul 22 at 2:28AM
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 Delap Real Estate LLC
Investment Insights
Based on property information with market context.
Sunny, well maintained two-family residence on a side street in South Hadley, offering nicely renovated apartments with beautiful wood floors and newer windows. The exterior features easy care vinyl siding, and both units include practical interior layouts with bay windows and country-style kitchens.
The first-floor apartment includes a living room, dining room, and a country kitchen, plus a pantry with stackable laundry. The bathroom features a step-in shower, and the unit provides access to a back deck area. The second-floor apartment offers two bedrooms, including an oversized closet, along with a living room, kitchen, and bath with a tub. A pantry includes laundry hookups, and a screened porch off the kitchen connects to the deck and stairs to a fenced backyard.
Mechanical systems include newer natural gas Buderus boilers, and the first-floor unit also has a newer direct hot water unit. Utilities are separate between the apartments. The property is minutes from Mount Holyoke College’s campus and Village Commons.
The first-floor apartment includes a living room, dining room, and a country kitchen, plus a pantry with stackable laundry. The bathroom features a step-in shower, and the unit provides access to a back deck area. The second-floor apartment offers two bedrooms, including an oversized closet, along with a living room, kitchen, and bath with a tub. A pantry includes laundry hookups, and a screened porch off the kitchen connects to the deck and stairs to a fenced backyard.
Mechanical systems include newer natural gas Buderus boilers, and the first-floor unit also has a newer direct hot water unit. Utilities are separate between the apartments. The property is minutes from Mount Holyoke College’s campus and Village Commons.
Key Highlights
- Sunny two‑family home (built 1900) in South Hadley with nicely renovated apartments
- Newer natural gas Buderus boilers and a newer direct hot water unit for the first‑floor apartment
- Separate utilities for both apartments
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 | $42.9k | $21.60 |
| − Vacancy | −$1.9k | −$0.96 |
| EGI | $40.9k | $20.64 |
| − OpEx | −$12.3k | −$6.19 |
| NOI | $28.7k | $14.45 |
1,984 SF · lease $21.60/SF/yr · vacancy 4.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$409.4K
$358.3K – $477.7K
NOI $28,660 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$374.4K
$327.6K – $436.8K
NOI $26,206 @ 7.0% cap · market cap 6.58%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,576 @ 7.0% cap · market cap 21.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Renovated two-apartment home with separate utilities, newer natural gas boilers, and screened porch access to the backyard.
Where is this duplex located?
The property is located at 6 Center Street South Hadley, MA.
What is the asking price?
The asking price for this property is $398,000.
What are key features of this property?
This property features: Sunny two‑family home (built 1900) in South Hadley with nicely renovated apartments; Newer natural gas Buderus boilers and a newer direct hot water unit for the first‑floor apartment; Separate utilities for both apartments
