Unit Information
Mixed-use investment opportunity with strong value-add potential! This property features an income-producing commercial church space, occupied residential units with long-term tenants, and additional studio apartments offering future income growth. Current rental income is generated from the commercial unit and residential tenants, while several units are undergoing renovations or require repairs to be converted into rentable studio apartments. Ideal for investors seeking to increase cash flow through improvements and lease-up opportunities. Conveniently located in downtown Holyoke, public transportation, shopping, and major routes. Property offers a unique combination of commercial and residential use with significant upside potential. Sold as-is.
- Additional Details
- Status: ACT
- Type: Multi-Family, Multi Family
- Zip Code: 01040
- Levels: 3
- Rooms and Dimensions
- Total Units: 7
- Total Floors: 3
- Total Rooms: 23
- Has Basement: Yes
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$599,000
- Listing ID: 73534978
- Bedrooms: 8
- Full Baths: 7
- Half Baths: 2
- Living Area: 5,068 sqft Convert
- Lot Size: 1,742 sqft Convert
- Acres: 0.04
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Luxury Residential Group
(617) 233-5800
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