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Turnkey 4BR Duplex Investment
For Sale
$330,000

60 N East Street, Holyoke, MA 01040

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

Property Size2,128 SF
Price / SF$155.08
Days on Market95

Property Features for 60 N East Street

General Information

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

Additional Details

Business Included Yes
Multifamily Units 2

Building Details

Year Built 1983
Listing Agency: The Greene Realty Group
Listed By: Derek Greene
Source: Murphyrealtors
Added: Apr 27 Changed: Jul 21 Last Checked: Jul 22 at 8:24AM

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

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 authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Bakery Carpet & Flooring Store Catering Service Acupuncture Pet Grooming Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,149
Businesses Nearby

Demographics for 01040, MA

38,238
Population
17,057
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
79%
High-School Grad
21.2 sq mi
ZIP Area
1,804
Density / Sq Mi
$51,892
Median Household Income
$41,801
Median Earnings
$1,016
Median Rent
$255,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

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
More about this property
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