85-87 Hitchcock St Holyoke, MA 01040
MULTI_FAMILY - Holyoke, MA
- Added:
- Apr 29, 2026
- Days on Market:
- 75
- Last Refresh:
- Jul 12 at 12:06 am
Property Features for 85-87 Hitchcock St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-2
- Bedrooms
- 8
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 7, Bedroom 8
- Parking
- 6
- Standard status
- Pending
- APN
- M:0122 B:0000 L:36,2535296
- Size
- 2,889 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4014
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Number of units
- 3
Listing agent Daisy Sanchez License #9523217 (413) 221-8070
Listing office RE/MAX IGNITE 133 Maple Street, MA (413) 391-7928
Listing date Apr 29, 2026
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.
Investment Insights
Based on property information with market context.
The property is located at 85-87 Hitchcock St in Holyoke, Massachusetts, in an R-2 zoning district. Parking includes off-street spaces and a two-car garage.
Additional information to note for due diligence includes the as-is sale status and older windows. Buyers are encouraged to verify all details during inspections.
Key Highlights
- 1920‑built 3‑family property with separately metered utilities so tenants pay their own heat and electricity
- Each unit includes its own laundry area with washer and dryer hookups
- Recent updates: new roof (2026) and a new boiler for the first‑floor unit
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 | $57.2k | $19.80 |
| − Vacancy | −$3.1k | −$1.09 |
| EGI | $54.1k | $18.71 |
| − OpEx | −$16.2k | −$5.61 |
| NOI | $37.8k | $13.10 |
