About 64-66 Pleasant St
RENT INCREASES JULY 1ST !!! ($4,440 annually) Well-maintained 6-unit multi-family in an excellent location near EastWorks and Downtown, offering strong upside potential. The property features a low-maintenance exterior and interior, is clean and well cared for, with a new roof membrane (Aug 2020) and a newly renovated back staircase/fire escape (Apr 2026).Long-term tenants with no leases provide flexibility for rent increases. Unit 3R, the 6th unit, is a 2-bedroom, 1-bath with kitchen and living room, gas heat, and a new refrigerator (Apr 2026), currently rented at $1,110/month. Tenants own washers/dryers; all other appliances are landlord-owned.Current cap rate is 5.9% (increased .4%), with rents below market ($1,600–$1,729). Pro forma cap rate reaches 8.5% at $1,600/month. Fire Department requires buyer to install a Fire Notification Panel. This is a solid investment opportunity with stable occupancy, minimal upkeep, and significant income growth potential in a highly desirable area.
Features of 64-66 Pleasant St
| MLS® # | 73504629 |
|---|---|
| Price | $995,000 |
| Bedrooms | 12 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 5,832 |
| Acres | 0.08 |
| Year Built | 1910 |
| Type | Residential Income |
| Sub-Type | 5+ Family - 5+ Units Side by Side |
| Status | Active |
Community Information
| Address | 64-66 Pleasant St |
|---|---|
| City | Easthampton |
| County | Hampshire |
| State | MA |
| Zip Code | 01027 |
Amenities
| Utilities | for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit |
|---|---|
| Parking Spaces | 6 |
| Parking | Paved Drive, Off Street, Tandem, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Bathroom with Shower Stall, Smart Thermostat, Remodeled, Pantry, Walk-In Closet(s), Living Room, Kitchen |
|---|---|
| Appliances | Range, Dishwasher, Refrigerator |
| Heating | Forced Air, Natural Gas, Electric |
| Cooling | Window Unit(s) |
| Fireplace | No |
| # of Stories | 5 |
| Stories | 5 |
Exterior
| Exterior Features | Balcony/Deck |
|---|---|
| Lot Description | Corner Lot, Level |
| Windows | Skylight(s), Insulated Windows, Screens |
| Roof | Rubber |
| Construction | Brick |
| Foundation | Brick/Mortar |
Additional Information
| Zoning | R5 |
|---|
Listing Details
| Agent | Deborah Cahillane |
|---|---|
| Office | Brick & Mortar Northampton |