37 Clinton Ave - Apartments FOR SALE


Holyoke, MA 01040
$950,000 USD
781-300-2502
37 Clinton Ave, Holyoke, MA for Sale
$950,000 USD
Apartments - FOR SALE
1/11
null | 9.83% Cap Rate

37 Clinton Ave
Holyoke, MA 01040


HIGHLIGHTS

  • Convenient Location
  • Transit Oriented Location
  • Brick Building & Separate Utilities
  • Value-Add Potential
  • Area Employers + Student Living
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 37 Clinton Avenue in Holyoke, Massachusetts (the “Property”). The Property is improved with a five-story brick building containing ten (10) residential units comprised of eight (8), 2-Bedroom/1-Bathroom units and two (2), 3-Bedroom/1-Bathroom units with 10,135 square feet of living area in 12,162 square feet of total gross area, on a 0.14-acre parcel. The Property has five (5) on-site surface parking spaces. The Property is located on Clinton Avenue just seconds from both Hampden Street and Dwight Street along the perimeter of downtown Holyoke. The strategic location is close to US Routes 202 (Linden Street) and is within walking distance of Holyoke Medical Center, Holyoke High School – North Campus, area retailers, and the Holyoke Train Station. Additionally, the Property provides convenient access to US Route 5 and Interstates 91 and 391.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$95 USD /SF

# OF UNITS

10

PRICE/UNIT

$95,000

CAP RATE

9.83%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clinton Avenue Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1915

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R-2

APN/PARCEL ID

HOLY-000074-000000-000045

ASK ABOUT THIS PROPERTY

Michael BradleyHorvath & TremblayMore Info
781-300-2502

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Michael BradleyHorvath & TremblayMore Info
781-300-2502

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.