342 Pleasant St, Northampton, MA 01060-3917
This exceptional mixed-use property at 342 Pleasant Street in Northampton, MA, presents a unique investment opportunity. Built circa 1920, this charming two-story brick building seamlessly blends historical character with modern conveniences. The upper level boasts a completely renovated two-bedroom apartment, offering a comfortable and stylish living space for residents. The ground floor commercial space has also undergone tasteful renovations, creating a versatile area suitable for a wide range of businesses. The possibilities are numerous, from retail to office space, catering to the vibrant Northampton community. A full basement provides substantial storage and utility access, adding to the property's functionality. Further enhancing its appeal is a convenient paved parking lot accommodating fifteen vehicles, ensuring ample parking for both residential and commercial tenants or customers. Located a short distance from Northampton's city center, this property benefits from excellent visibility and accessibility, making it an attractive proposition for both investors and entrepreneurs. The 0.17-acre lot provides a manageable footprint while offering ample space for the building and parking. This property offers a compelling blend of residential income and commercial potential in a highly desirable location. The asking price is $499,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GB · Northampton, MANorthampton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.