2-Unit Duplex with Outdoor
625 Spring Street, Northampton, MA 01053
For Sale
New
$399,900
Separate living quarters include a one-bedroom apartment with single-level access and its own driveway.
Property Size1,656 SF
Price / SF$241.49
Days on Market5
Property Features for 625 Spring Street
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
farmer's porch
deck
stone patio
outdoor grilling area
perennial gardens
stone walls
private wooded path
Building Details
Year Built
Listing Agency:
Taylor Agency
Listed By:
Diana Baranowski
(413) 588-4113
Source:
Cbcommunityrealtors
Added: Nov 9
Changed: Nov 12
Last Checked: Nov 12 at 2:28PM
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 Taylor Agency
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Investment Insights
Based on property information with market context.
This 1,656-square-foot duplex, built in 1900, combines a three-bedroom unit with a separate one-bedroom apartment. The larger residence has a country kitchen, den or living room, full bath with laundry, and three bedrooms upstairs. The apartment offers an eat-in kitchen, pantry, living room, and full bath, with a dedicated driveway. Outdoor improvements include an attached deck, stone patio, grilling area, perennial gardens, and stone walls.
The property is next to Northampton Country Club, with a wooded path providing direct access to its grounds. Protected conservation land lies across the street, adding nearby outdoor recreation options.
The property is next to Northampton Country Club, with a wooded path providing direct access to its grounds. Protected conservation land lies across the street, adding nearby outdoor recreation options.
Key Highlights
- Two‑unit layout with three‑bedroom and one‑bedroom residences
- 1,656 square feet; built in 1900
- One‑bedroom apartment has single‑level living and a separate driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,922
Cap Rate
5.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,440
$478.4K
Cap Rate 7%
$341,743
$341.7K
Cap Rate 9%
$265,800
$265.8K
Market Conditions
NOI Build-Up for 1,656 SF
Gross rent
$35.8K $21.60/SF
− Vacancy
−$1.6K −$0.96/SF
EGI
$34.2K $20.64/SF
− OpEx
−$10.3K −$6.19/SF
NOI
$23.9K $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%
$478,440
Cap Rate 7%
$341,743
Cap Rate 9%
$265,800
Alternative Uses
Best Use
Multifamily LT 5
$341.7K
$299.0K – $398.7K
NOI $23,922 @ 7.0% cap · market cap 5.98%
Second Best
Apartment 5plus
$312.5K
$273.4K – $364.6K
NOI $21,873 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$1.01M
$882.4K – $1.18M
NOI $70,593 @ 7.0% cap · market cap 17.65%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
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Business Placement
Demographics for 01053, MA
2,031
Population
820
Households
2.5
Avg Household Size
57
Median Age
54%
College-Educated
97%
High-School Grad
5.8 sq mi
ZIP Area
350
Density / Sq Mi
$88,646
Median Household Income
$49,931
Median Earnings
$1,677
Median Rent
$345,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Hampshire County, MA
Properties on Market for Duplexes in Hampshire County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate living quarters include a one-bedroom apartment with single-level access and its own driveway.
Where is this duplex located?
The property is located at 625 Spring Street Northampton, MA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two‑unit layout with three‑bedroom and one‑bedroom residences; 1,656 square feet; built in 1900; One‑bedroom apartment has single‑level living and a separate driveway
