437 Main St 443 Holyoke, MA 01040-5609

This vacant six-unit apartment building at 437 Main Street, Holyoke, MA 01040, presents a compelling investment opportunity. The property, classified as a Class B multifamily building, encompasses 10,000 square feet across four stories. Currently vacant, it offers significant potential for renovation and redevelopment. The building comprises three 3-bedroom, 2-bathroom units and three 4-bedroom, 2-bathroom units, each featuring a master suite with a walk-in closet and en-suite bathroom. Units are approximately 1,700 square feet each, larger than many single-family homes. Substantial prior improvements have already been completed, including extensive masonry work, brand new flat roofs, vinyl windows, and fully framed-out units according to an open-concept architectural design. New structural LVL beam supports are also in place. Electricity is currently operational. The asking price is $499,999. With an estimated after-repair value (ARV) of $275,000 per unit, this property is ideal for investors or developers seeking a value-add project. The building's size and layout allow for either individual unit rentals or sales. This represents a unique chance to capitalize on the potential of a well-located property in Holyoke, Massachusetts. The property is privately owned.