Renovated Vacant Duplex on
For Sale
$450,000
814 College Hwy, Southwick, MA 01077
Two vacant units support owner occupancy, separate leasing, or extended-family use.
Property Size1,548 SF
Lot Size4.00 Acres
Price / SF$290.70
Days on Market47
Property Features for 814 College Hwy
General Information
Standard status
Active
Size
1,548 SF
Lot size
4.00 Acres
Property subtype
Multi-Family
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
2
Building Details
Year Built
1920
Buildings
1
Tenancy
Multi
Listing Agency:
Josbel Nazario, Coldwell Banker Realty - Western Ma
Listed By:
Home and Key Real Estate
(508) 817-4284
Source:
Bristolcountyhomesforsale
Added: Sep 6
Changed: Oct 19
Last Checked: Oct 20 at 7:52PM
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 Josbel Nazario, Coldwell Banker Realty - Western Ma
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Investment Insights
Based on property information with market context.
This two-family property was built in 1920 and has been extensively renovated throughout. Each unit includes a new kitchen and bathroom, new appliances, updated plumbing and electrical systems, a new water heater, and a new electrical panel. A new septic system serves the property, and both units are vacant at delivery.
The residence occupies approximately 4 acres near the Southwick/Westfield line at 814 College Hwy in Southwick, Massachusetts. The substantial land area complements the renovated duplex configuration and provides room for a range of ownership and occupancy arrangements, including living in one unit while leasing the other. The property is also described as being near the Southwick/Westfield line, with a car-dependent setting reflected by a Walk Score of 22 and a Somewhat Bikeable Bike Score of 19.
The residence occupies approximately 4 acres near the Southwick/Westfield line at 814 College Hwy in Southwick, Massachusetts. The substantial land area complements the renovated duplex configuration and provides room for a range of ownership and occupancy arrangements, including living in one unit while leasing the other. The property is also described as being near the Southwick/Westfield line, with a car-dependent setting reflected by a Walk Score of 22 and a Somewhat Bikeable Bike Score of 19.
Key Highlights
- Two‑family property with both units delivered vacant
- Approximately 4 acres of land
- New kitchens, bathrooms, and appliances in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,275
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,500
$405.5K
Cap Rate 7%
$289,643
$289.6K
Cap Rate 9%
$225,278
$225.3K
Market Conditions
NOI Build-Up for 1,548 SF
Gross rent
$30.7K $19.80/SF
− Vacancy
−$1.7K −$1.09/SF
EGI
$29.0K $18.71/SF
− OpEx
−$8.7K −$5.61/SF
NOI
$20.3K $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%
$405,500
Cap Rate 7%
$289,643
Cap Rate 9%
$225,278
Alternative Uses
Best Use
Multifamily LT 5
$289.6K
$253.4K – $337.9K
NOI $20,275 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$268.4K
$234.9K – $313.2K
NOI $18,790 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$954.1K
$834.8K – $1.11M
NOI $66,784 @ 7.0% cap · market cap 14.84%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
Explore this area
Business Placement
Demographics for 01077, MA
9,237
Population
4,159
Households
2.2
Avg Household Size
48
Median Age
36%
College-Educated
96%
High-School Grad
30.9 sq mi
ZIP Area
299
Density / Sq Mi
$108,833
Median Household Income
$56,898
Median Earnings
$1,343
Median Rent
$375,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two vacant units support owner occupancy, separate leasing, or extended-family use.
Where is this duplex located?
The property is located at 814 College Hwy Southwick, MA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two‑family property with both units delivered vacant; Approximately 4 acres of land; New kitchens, bathrooms, and appliances in both units
