23 Depot Street

Belchertown, MA 01007

$539,000
Price
10
Beds
4
Baths
3,485 Sq. Ft.
$155 / Sq. Ft.
3,485
Sq. Ft.
$155
per Sq. Ft.

Description

Investors, seize this rare opportunity to own a lucrative multi-family property with three income-generating units! This versatile investment features two separate houses on one lot. The Red House boasts 4 bedrooms and 2 full baths, with beautiful hardwood floors (covered with area rugs, not glued on). The Green House’s upstairs unit 2 offers 3 bedrooms, 1 full bath, and a serene balcony walking out to the backyard. On the ground level, Unit 3 is a 3-bedroom, 1-bath dwelling that is currently vacant....Investors, seize this rare opportunity to own a lucrative multi-family property with three income-generating units! This versatile investment features two separate houses on one lot. The Red House boasts 4 bedrooms and 2 full baths, with beautiful hardwood floors (covered with area rugs, not glued on). The Green House’s upstairs unit 2 offers 3 bedrooms, 1 full bath, and a serene balcony walking out to the backyard. On the ground level, Unit 3 is a 3-bedroom, 1-bath dwelling that is currently vacant. Units 1 and 2 are rented with yearly leases ending in Dec, who would like to renew. Unit 3 is recently painted and prepared for the next tenants with tile flooring adding to its durability and charm. Whether you live here and keep renting the other units or lease all three, this property offers endless potential for savvy investors! Approximately a 6-year-old roof. Newer utilities. Don't miss out.
  1. Listed by Samar Moushabeck • William Raveis R.E. & Home Services

Property Details for 23 Depot Street

Town
Belchertown
Area
MA-Belchertown
Garage Spaces
1
Parking Spaces
9.00
Parking Spaces Total
10
LISTING UPDATED: 11/09/2024 09:50 AM

Property Details for 23 Depot Street

StatusActive
MLS #73292519
Days on Market93
Taxes$6,303 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1890
CountyHampshire County

Building Information for 23 Depot Street

Stories5Residences3Year Built1890Building Size-Lot Size0.92 AC / 40,006 SF

Property Information for 23 Depot Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 3485.0
  • Color: Red&Green
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • High School: Belchertown Hs
  • Middle School: Jabish Ms
Features
Interior Features
  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • Basement Features: Full, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Hardwood, Tile
  • Interior Features: Living Room, Kitchen, Laundry Room, Living RM/Dining RM Combo, Dining Room, Family Room
  • SpaYN: No
  • Window Features: Picture Window
Exterior Features
  • Construction: Frame
  • Exterior Features: Balcony/Deck
  • Exterior Features: Porch
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 1.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: 110 Volts
  • Heating: Oil, Electric
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Disclosures: Oil heat for 2 units,Electric baseboard for unit 3. The owner pays for trash pick up,sewer,and water and maintains the plowing in the winter. 6 year roof. Unknown lead in the Red building,Unit 2 has been mitigated,unknown for unit 3.
Tax Information
  • Tax ID: M:109 L:34,3858244
  • Assessments: $411,400
  • Book: 12748
  • Tax Year: 2024
  • Zoning: R
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Concrete Perimeter, Stone
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 3
  • Heat Zones: 3
Income / Expenses
  • Electricity: $.00
  • GOI: $21,768.00
  • Gross Scheduled Income: $.00
  • Insurance: $1,500.00
  • GRE: $6,000
  • HTE: $0
  • MGF: $0
  • MSE: $0
  • RFS: $1,800
  • RME: $1,000
  • NOI: $15,768.00
  • Operating Expense: $6,000.00
  • WSE: $1,788.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 2
  • Lease U1: Y
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,800.00

Property History for 23 Depot Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 23 Depot Street

Taxable ValueLand$64,300Additions$347,100Total$411,400
Tax Record2024$6,303 ($525 / month)
Home Facts
Lot Size40,006 SqFtStyleMulti-Family Dwelling (2-4)CountyHAMPSHIREAPNBELC M:109 L:34Fireplace TypeHas Fireplace

Schools near 23 Depot Street

This home is within Belchertown School District.
Rating
School
Type
Grades
Distance
Public - 1 to 3
Public - 4 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Swift River Elementary School
Public1 to 3

Chestnut Hill Community School
Public4 to 6

Jabish Middle School
Public7 to 8

Belchertown High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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23 Depot Street is a multi-family home for sale in Belchertown, MA 01007. This property was listed for sale on September 19, 2024 by William Raveis R.E. & Home Services, it's currently listed at $539,000. It has been on the market for a total of 93 days and was last sold on September 15, 2017. This listing's school district is Belchertown School District. Nearby schools include Swift River Elementary School, Chestnut Hill Community School and Jabish Middle School. 23 Depot Street is a 10-bed, 4-bath, 3,485 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of William Raveis R.E. & Home Services, Samar Moushabeck

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.