4-Unit Multifamily
655 N Main St, East Longmeadow, MA 01028
For Sale
$789,000
Residential Income, East Longmeadow, MA
Property Size4,036 SF
Lot Size0.11 Acres
Price / SF$195.49
Days on Market137
Property Features for 655 N Main St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Keller Williams Realty
(413) 585-0022
Listed By:
Laura Stevens
(413) 565-5478
Added: Jun 30
Changed: Nov 12
Last Checked: Nov 13 at 12:06AM
MLS# 73543605
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 4-unit property contains 4,036 square feet, with three bedrooms in each residence. Unit features include an updated full bathroom with a tub and shower, kitchen cabinetry, a cooking range, a walk-in pantry, and a private balcony. Fresh paint and newer flooring are present throughout the units. The building dates to 1900 and sits on a 0.1148-acre lot; zoning is R1.
Exterior work includes a 2025 roof, gutters, and siding, along with newer windows. The property is in East Longmeadow, near shopping, restaurants, parks, schools, and major routes. All four units are vacant at closing.
Exterior work includes a 2025 roof, gutters, and siding, along with newer windows. The property is in East Longmeadow, near shopping, restaurants, parks, schools, and major routes. All four units are vacant at closing.
Key Highlights
- Four units, each with three bedrooms and a private balcony
- 4,036 square feet on a 0.1148‑acre lot; R1 zoning
- Updated full bathroom and kitchen in each unit, with walk‑in pantry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,862
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,057,240
$1.1M
Cap Rate 7%
$755,171
$755.2K
Cap Rate 9%
$587,356
$587.4K
Market Conditions
NOI Build-Up for 4,036 SF
Gross rent
$79.9K $19.80/SF
− Vacancy
−$4.4K −$1.09/SF
EGI
$75.5K $18.71/SF
− OpEx
−$22.7K −$5.61/SF
NOI
$52.9K $13.10/SF
Area
Hampden County, MA
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,057,240
Cap Rate 7%
$755,171
Cap Rate 9%
$587,356
Alternative Uses
Best Use
Multifamily LT 5
$755.2K
$660.8K – $881.0K
NOI $52,862 @ 7.0% cap · market cap 6.70%
Second Best
Apartment 5plus
$699.9K
$612.4K – $816.5K
NOI $48,990 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$2.49M
$2.18M – $2.90M
NOI $174,123 @ 7.0% cap · market cap 22.07%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
463
Businesses Nearby
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Business Placement
Demographics for 01028, MA
16,417
Population
6,051
Households
2.7
Avg Household Size
46
Median Age
47%
College-Educated
94%
High-School Grad
12.9 sq mi
ZIP Area
1,273
Density / Sq Mi
$100,997
Median Household Income
$58,108
Median Earnings
$1,229
Median Rent
$344,100
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Hampden County, MA
Properties on Market for Quadplexes in Hampden County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has three bedrooms, an updated kitchen, and a private balcony.
Where is this quadplex located?
The property is located at 655 N Main St East Longmeadow, MA.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: Four units, each with three bedrooms and a private balcony; 4,036 square feet on a 0.1148‑acre lot; R1 zoning; Updated full bathroom and kitchen in each unit, with walk‑in pantry
