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Turnkey 4BR Duplex Investment

60 N East Street Holyoke, MA 01040

60 N East Street, Holyoke, MA, 01040
$330,000
For Sale
$330,000

Turnkey duplex features two well-kept units with tenant in place, generating current income.

Property Size2,128 SF
Price / SF$155.08
Days on Market86

Property Features for 60 N East Street

General Information

Standard status
Active
Size
2,128 SF
Property subtype
Multi-family

Building Details

Year Built
1983
Listing agency The Greene Realty Group
Listed by Derek Greene
Source Murphyrealtors
Added: Apr 27 Updated: Jul 21 at 7:25AM Checked: Jul 21 at 7:25AM

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 The Greene Realty Group


Investment Insights

Based on property information with market context.

Turnkey 4BR/2BA duplex offered for sale with tenants currently in place. The property is described as having nice kitchens and being well cared for, and it is producing income. Tenants should not be disturbed; showings are scheduled by appointment.

Per the listing, Saturday showings are available from 12:00 PM to 2:30 PM (by appt). The address is 60 N East Street, Holyoke, MA 01040.

This is a residential income property configured as a duplex with a total size listed as 2,128 square feet and a current tenant-in-place arrangement.

Key Highlights

  • Duplex built in 1983 with 4BR/2BA total
  • Tenant in place in both units, producing current income
  • Well‑kept units with nice kitchens

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 $42.1k $19.80
− Vacancy −$2.3k −$1.09
EGI $39.8k $18.71
− OpEx −$11.9k −$5.61
NOI $27.9k $13.10
2,128 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$398.2K
$348.4K – $464.5K (±1% cap)
NOI $27,872 @ 7.0% cap · market cap 8.45%
Second Best
Apartment 5plus
$369.0K
$322.9K – $430.5K (±1% cap)
NOI $25,830 @ 7.0% cap · market cap 7.83%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M (±1% cap)
NOI $91,807 @ 7.0% cap · market cap 27.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Bakery Carpet & Flooring Store Catering Service Acupuncture Pet Grooming Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tanning Salon Tattoo & Piercing Shop Pet Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Turnkey duplex features two well-kept units with tenant in place, generating current income.
Where is this duplex located?
The property is located at 60 N East Street Holyoke, MA.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Duplex built in 1983 with 4BR/2BA total; Tenant in place in both units, producing current income; Well‑kept units with nice kitchens
Contact an agent
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