Two-Unit Residential Income
89-91 Hitchcock Street Holyoke, MA 01040
For Sale
$399,999
Two-family home with two two-bedroom units, separate utilities, basement storage, and a walk-up attic for possible expansion.
Property Size3,029 SF
Price / SF$132.06
Days on Market36
Property Features for 89-91 Hitchcock Street
General Information
- Standard status
- Active
- Size
- 3,029 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1920
Listing Agency:
ERA M Connie Laplante Real Estate
(413) 315-0570
Listed By:
Joni Fleming · License #452503707
(413) 315-0570
Source:
Lockandkeyre
Added: Jun 18
Changed: Jul 22
Last Checked: Jul 23 at 5:17AM
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 ERA M Connie Laplante Real Estate
Investment Insights
Based on property information with market context.
This lovingly maintained two-family home offers two spacious, flexible floor plans. Each unit includes two well-appointed bedrooms, a full bathroom, oversized kitchens, generous dining areas, and large living rooms. Additional space includes a basement with valuable storage, along with a walk-up attic that presents potential for future expansion or additional living area. Separate utilities for each unit—including electric, heat, and hot water—are designed to make ownership straightforward.
Located at 89-91 Hitchcock Street in Holyoke, MA 01040, the property provides convenient access to shopping, dining, and major highways.
Showings will begin after June 24, 2026.
Located at 89-91 Hitchcock Street in Holyoke, MA 01040, the property provides convenient access to shopping, dining, and major highways.
Showings will begin after June 24, 2026.
Key Highlights
- Two‑family home built in 1920 with two separate 2‑bedroom units
- Each unit includes a full bath and spacious living and dining areas
- Oversized kitchens in both apartments with flexible floor plans
Financial Insights For Apartment 5plus
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 | $70.5k | $23.28 |
| − Vacancy | −$3.7k | −$1.21 |
| EGI | $66.8k | $22.07 |
| − OpEx | −$30.1k | −$9.93 |
| NOI | $36.8k | $12.14 |
3,029 SF · lease $23.28/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$566.8K
$495.9K – $661.2K
NOI $39,673 @ 7.0% cap · market cap 9.92%
Second Best
Apartment 5plus
$525.2K
$459.6K – $612.8K
NOI $36,767 @ 7.0% cap · market cap 9.19%
Theoretical Best
Office A
$1.87M
$1.63M – $2.18M
NOI $130,678 @ 7.0% cap · market cap 32.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-family home with two two-bedroom units, separate utilities, basement storage, and a walk-up attic for possible expansion.
Where is this duplex located?
The property is located at 89-91 Hitchcock Street Holyoke, MA.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Two‑family home built in 1920 with two separate 2‑bedroom units; Each unit includes a full bath and spacious living and dining areas; Oversized kitchens in both apartments with flexible floor plans
