Four-Family Residential Income
655 N Main Street, East Longmeadow, MA 01028
New
Well-maintained 4-unit building with freshly painted interiors and recent roof, siding, and window updates.
Type:Multi-family
Property size:
4,036 SFPrice / SF:
$217/SF- Added:
- Jun 30, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 5 at 2:27 am
Property Features for 655 N Main Street
General Information
- Standard status
- Active
- Size
- 4,036 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing office Keller Williams Realty
Listing date Jun 30, 2026
Source Highlandre
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 Keller Williams Realty
HighLights
- Well‑maintained 4‑family property built in 1900 with four 3‑bedroom units
- Updated kitchens with custom cabinetry and walk‑in pantry; each unit has 1 full updated bathroom with tub/shower
- Freshly painted interiors and newer flooring throughout the units
- Major exterior updates: new roof (2025), new siding (2025), and newer windows
- Fully vacant at closing; 3 units ready to show
Overview
This well-maintained four-family property offers four spacious units, each featuring three bedrooms and one full bathroom with a tub/shower. Kitchens include custom cabinetry and a walk-in pantry, and each unit has a private balcony. Interiors have been freshly painted and updated with newer flooring, creating a clean, move-in-ready appearance. On the exterior, major improvements include a new roof (2025), new siding (2025), and newer windows.
Located at 655 N Main Street in East Longmeadow, the property is described as conveniently near shopping, restaurants, parks, schools, and major routes, supporting everyday accessibility for tenants and occupants.
The building is fully vacant at closing, with three units ready to show, which can simplify scheduling for prospective buyers. It may appeal to investors looking for a turnkey multifamily asset or to an owner-occupant who wants the option to live in one unit while collecting rental income from the others. While specific rental terms and performance are not provided, the combination of unit updates and recent exterior replacements is intended to reduce near-term maintenance concerns.
Located at 655 N Main Street in East Longmeadow, the property is described as conveniently near shopping, restaurants, parks, schools, and major routes, supporting everyday accessibility for tenants and occupants.
The building is fully vacant at closing, with three units ready to show, which can simplify scheduling for prospective buyers. It may appeal to investors looking for a turnkey multifamily asset or to an owner-occupant who wants the option to live in one unit while collecting rental income from the others. While specific rental terms and performance are not provided, the combination of unit updates and recent exterior replacements is intended to reduce near-term maintenance concerns.
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 | $79.9k | $19.80 |
| − Vacancy | −$4.4k | −$1.09 |
| EGI | $75.5k | $18.71 |
| − OpEx | −$22.7k | −$5.61 |
| NOI | $52.9k | $13.10 |
4,036 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$755.2K
$660.8K – $881.0K
NOI $52,862 @ 7.0% cap · market cap 6.01%
Second Best
Apartment 5plus
$699.9K
$612.4K – $816.5K
NOI $48,990 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$2.49M
$2.18M – $2.90M
NOI $174,123 @ 7.0% cap · market cap 19.81%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- East Longmeadow
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.5385497
- Latitude
- 42.0809795
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Well-maintained 4-unit building with freshly painted interiors and recent roof, siding, and window updates.
Where is this quadplex located?
The property is located at 655 N Main Street East Longmeadow, MA.
What is the asking price?
The asking price for this property is $879,000.
What are key features of this property?
This property features: Well‑maintained 4‑family property built in 1900 with four 3‑bedroom units; Updated kitchens with custom cabinetry and walk‑in pantry; each unit has 1 full updated bathroom with tub/shower; Freshly painted interiors and newer flooring throughout the units
