BATHS22 full
SQUARE FEET6,696
MLS#73534182
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
22-unit studio apartment building with strong cash flow and value-add potential. T-12 through May 2026 reflects approximately $189,000 NOI. Property features numerous upgrades, including plank flooring, LED lighting, composite decking, and four sets of coin-operated laundry equipment generating additional income. Opportunity exists to further increase revenue through operational improvements, potential heat pump installation, and possible expansion of basement space (subject to buyer verification, permits, and approvals).Property appraised at approximately $2.5M in 2023 prior to subsequent improvements and rent growth initiatives. Located in a desirable rental market with limited multifamily inventory. Seller financing, hard money, sale-leaseback, and other creative structures may be considered.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.68 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $16,555
Year Built: 1965
Feature Descriptions
Building Area Total: 6696
Community Features: Public Transportation, Park
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Dwelling Type: 5+ Family - 5+ Units Up/Down
Exterior: Brick
Open Parking Y/N: Yes
Parcel Number: 2484304
Parking Features: Paved Drive
Parking Total: 28
Rooms Total: 22
Sewer: Public Sewer
Units: 22
Water: Public
Listed By / Shown By
Listed By
Agency Name: Premier Choice Realty
Agent Name: Russell J. Sabadosa
Agency Phone: 413-200-8642
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 8,427.84 per month $6,231.59 Principal & Interest $1,379.58 Property Tax $816.67 Homeowner's Insurance
21 Dwight | MLS# 73534182
This multi-family property located at 21 Dwight, Agawam, MA 01001 is currently listed for sale with an asking price of $2,800,000. Search Agawam real estate on www.masiellogrouprealestate.com today.