1109 Dwight St Holyoke, MA 01040-3331
- Investment properties
- 0.78 lot acres
Current Use by Public Records
- Investment properties
Property Details for 1109 Dwight St
- Lot size
- 0.78 lot acres
- Zone code
- R-2
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- HOLY M:0074 B:0000 L:12
- APU
- HOLYM0074B0000L12
Description
This stunning 1880 Victorian mini-mansion in Holyoke, MA, presents a unique investment opportunity. Located at 1109 Dwight St, this 4,200 square foot, mixed-use property sits on a 0.78-acre lot and offers immense potential. The spacious interior boasts up to eight bedrooms and four bathrooms, adaptable to a variety of commercial uses. Key features include a large kitchen ideal for catering or communal cooking, a formal dining room and sunroom perfect for gatherings or meetings, and a convenient laundry room. A wrap-around porch and a restaurant-quality outdoor patio provide charming outdoor spaces for entertaining or business activities. The property offers ample parking with five spaces. Permitted zoning allows for numerous uses, including convalescence housing, educational facilities, municipal facilities, hospitals, rehab centers, residential dwellings, daycare facilities, and religious facilities. With expansion potential in the attic, this property is a rare find for investors seeking a versatile and historically significant asset. The asking price is $739,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $515,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $655,000
- 6.5%
- $720,000
- 7%
- $640,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $770,000
- Geo Method
- $710,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $765,000
- Retail
- $665,000
- Mixed-Use
- $700,000
- Hospitality
- $625,000
- Educational
- $650,000
- Residential Income
- $645,000
- Energy
- $650,000
- Income-Based Land
- $745,000
- Food Service
- $775,000
Location Insight
- Map
- Local Demand
- City
- Holyoke
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.6192
- Latitude
- 42.2115
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA