Two-Family Residential Income
6 Wright Avenue Northampton, MA 01060
6 Wright Avenue, Northampton, MA, 01060
$599,900
For Sale
$599,900
Well-maintained two-family home with updated units and in-unit laundry for convenient tenant living.
Property Size2,000 SF
Price / SF$299.95
Days on Market30
Property Features for 6 Wright Avenue
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1902
Listing agency
Naples Realty Group
(413) 478-8354
Listed by
The Gerber Group
Source
Gregoryhaughton
Added: Jun 24 Updated: Jul 23 at 6:45AM Checked: Jul 23 at 6:45AM
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 Naples Realty Group
Investment Insights
Based on property information with market context.
This well-maintained two-family home offers two updated units, each with the convenience of in-unit laundry. The property presents as a residential income asset with a straightforward duplex configuration.
Located at 6 Wright Avenue in Northampton, the home is described as a short walk to downtown Northampton and the area’s dining, shopping, entertainment, and local amenities.
For buyers, the listing notes an assumable VA loan at 2.35%. Showings are set to begin at the open house on Sunday, June 28, from 11:00 AM to 1:00 PM.
Located at 6 Wright Avenue in Northampton, the home is described as a short walk to downtown Northampton and the area’s dining, shopping, entertainment, and local amenities.
For buyers, the listing notes an assumable VA loan at 2.35%. Showings are set to begin at the open house on Sunday, June 28, from 11:00 AM to 1:00 PM.
Key Highlights
- Well‑maintained two‑family home built in 1902
- Both units have been updated
- In‑unit laundry in both units
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 | $43.2k | $21.60 |
| − Vacancy | −$1.9k | −$0.96 |
| EGI | $41.3k | $20.64 |
| − OpEx | −$12.4k | −$6.19 |
| NOI | $28.9k | $14.45 |
2,000 SF · lease $21.60/SF/yr · vacancy 4.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$412.7K
$361.1K – $481.5K
NOI $28,891 @ 7.0% cap · market cap 4.82%
Second Best
Apartment 5plus
$377.4K
$330.2K – $440.3K
NOI $26,417 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,258 @ 7.0% cap · market cap 14.21%
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 - Well-maintained two-family home with updated units and in-unit laundry for convenient tenant living.
Where is this duplex located?
The property is located at 6 Wright Avenue Northampton, MA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Well‑maintained two‑family home built in 1902; Both units have been updated; In‑unit laundry in both units
