437 Main St, Unit 443 Holyoke, MA 01040-5609

Property Details for 437 Main St

Year built

1900

Construction

FRAME

Lot size

0.06 lot acres

Property size

10,560 SF

Zone code

BH

Property type

Investment properties

Property subtype

Live-work space

APN

HOLY M:0028 B:0007 L:9

APU

HOLYM0028B0007L9

Description

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.