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270 Pleasant St Northampton, MA 01060

Investment properties Google Maps
6,138 SF 0.05 ac lot Built 1900
Entity Owned 16-yr Hold ~ Est. High Equity
Estimated value (blended)
$320k
Range $288k – $352k (±10%)
Property ID US38-0263326

Property summary

AI-generated overview

This unique mixed-use property at 270 Pleasant Street in Northampton, MA, presents a compelling investment opportunity or an ideal owner-occupied professional space. Situated on a 0.05-acre lot, this building offers convenient access to Northampton's bustling downtown area, placing it within walking distance of a wide array of shops, restaurants, and entertainment venues. The property's versatility is a key feature. The upper level is configured as residential space, including multiple bedrooms, a kitchen, and a bathroom. This provides flexibility for live-work arrangements or potential rental income. The lower level is designed as professional office space, complete with private offices, a dedicated conference room, and a separate bathroom. This layout is perfect for a business seeking a central location with convenient amenities. The building's condition and precise square footage are to be verified by the buyer. Given its prime location and adaptable design, this property is well-suited for a variety of uses and represents a significant opportunity for both owner-occupiers and investors seeking a strong return on investment in a thriving downtown setting. All information is provided as is and should be independently verified by the prospective buyer. The listed price is $794,999.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction FRAME
Total area 6,138 SF
Lot 0.05 ac (2,370 SF)
Zoning code GB
APN NHAM M:032C B:0172 L:0001
UPID US38-0263326

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$798k
Blend (final) Blend
$320k

Owner & transaction history

since 2010
4 recorded transactions
2017
Price N/A
2010
$1
2010
Price N/A
2010
$200,000

Zoning & alternative use

GB · Northampton, MA
Zoning description

Attachment 2 - Table of Use Regulations: GB, NB and M Districts Attachment 3 - Table of Dimensional and Density Regulations: GB, NB, M and EU-O Districts Attachment 4 - Table of Use and Dimensional Regulations: RR Distri…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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