About this home
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.
Listing last checked: Listing updated:
Listed by Deborah Cahillane · Brick & Mortar Northampton · MLS #73504629
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Details at a glance
Interior5 property facts
- Rooms
- 24
- Heating
- Forced Air, Natural Gas, Electric
- Cooling
- Window Unit(s)
- Flooring
- Vinyl, Varies, Hardwood
- Basement
- Yes · Full, Bulkhead, Sump Pump, Concrete
Building5 property facts
- Style
- 5+ Family - 5+ Units Side by Side
- Year built
- 1910
- Parking
- 6
- Foundation
- Brick/Mortar
- Roof
- Rubber
Land & utilities5 property facts
- Lot size
- 0.08 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- R5
Financial2 property facts
- Annual taxes
- $8,123
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $995,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,708 / monthAdjust
- Principal & interest
- $5,031
- Property tax
- $677
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $8,123. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Automated value estimate $1,115,741
Estimated range $966,270–$1,265,212.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: below average
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About 64-66 Pleasant St
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