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Two-Story Residential Income Property

64 Main St, Russell, MA 01071

For Sale
$200,000

Proposed plans show six one-bedroom apartments; substantial renovation would be required for the conversion.

Property Size1,890 SF
Lot Size0.37 Acres
Price / SF$46.30
Days on Market19

Property Features for 64 Main St

General Information

Standard status Active
Size 1,890 SF
Lot size 0.37 Acres
Lease Term Listing ID: 73594029, Standard Status: Active, MLS Status: Active, Property Subtype: Commercial Sale

Property Condition

Severity Major Repairs Needed
Evidence requires substantial renovation

Additional Details

Gross Income $8,400

Building Details

Building Size 1,890 SF
Year Built 1890
Buildings 1
Stories 2
Listing Agency: Benton Real Estate Company
Listed By: Brian McElhone
Source: Iverty
Added: Oct 22 Changed: Nov 8 Last Checked: Nov 8 at 6:42AM

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 Benton Real Estate Company

Rey
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Investment Insights

Based on property information with market context.

At 64 Main St in Russell, this two-story residential property contains approximately 4,320 square feet on a 0.37-acre lot. Built in 1890, it requires substantial renovation. Architectural plans illustrate a possible six-apartment layout, with three one-bedroom units on each floor; the plans are proposed, and their approval status has not been verified.

A USPS parking agreement is in place, and USPS currently handles snow and ice removal. Under the agreement, that responsibility shifts to the landlord when tenants occupy the building. Buyers should assess the proposed conversion and verify zoning, permitted uses, feasibility, permits, and property measurements.

Key Highlights

  • Approximately 4,320 square feet on a 0.37‑acre lot
  • Proposed plans depict six one‑bedroom apartments, with three units per floor
  • Substantial renovation is required

Property Analytics

Who owns this building? See the owner, sales and loan history
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Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby

Demographics for 01071, MA

1,486
Population
624
Households
2.4
Avg Household Size
40
Median Age
30%
College-Educated
97%
High-School Grad
15.7 sq mi
ZIP Area
95
Density / Sq Mi
$107,292
Median Household Income
$73,547
Median Earnings
$950
Median Rent
$287,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Residential income properties in Hampden County, MA

$156 Jul
$151 Aug
$143 Sep
$151 Oct

Properties on Market for Residential income properties in Hampden County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Proposed plans show six one-bedroom apartments; substantial renovation would be required for the conversion.
Where is this residential income property located?
The property is located at 64 Main St Russell, MA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Approximately 4,320 square feet on a 0.37‑acre lot; Proposed plans depict six one‑bedroom apartments, with three units per floor; Substantial renovation is required
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