21 Dwight, Agawam, MA 01001
21 Dwight, Agawam, MA 01001
21 Dwight, Agawam, MA 01001
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BHRE Brad Hutchinson Real Estate

BHRE Brad Hutchinson Real Estate

+1(781) 665-2222
$2,550,000
Est. payment /mo
22 Baths
6,696 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 6,696 sqft

Price per Sqft $380

MLS Listing ID 73534182

Full Baths 22

Year Built 1965

Annual Tax Amount $16,555

Tax Year 2026

Lot Size 0.680 Acres

Acres 0.68

Property Sub-Type 5+ Family - 5+ Units Up/Down

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.

Location

State MA

County Hampden

Zoning res

Direction Walnut to Dwight

Exterior

Community Features Public Transportation, Park

Roof Type Shingle

Total Parking Spaces 28

Garage No

Building

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Premier Choice Realty

NEARBY SCHOOLS & PROPERTIES

BHRE Brad Hutchinson Real Estate

At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts, 02176, United States

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21 Dwight