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86 Lyman Road

Northampton, MA 01060
  • $1,485,000
  • STATUS: Active
  • MLS #: 73446436
$1,485,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,541
    SQFT
  • $227
    $/SQFT
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Listing courtesy of Jeanne Troxell Munson of The Murphys REALTORS®, Inc..

Description

Exceptionally maintained 7-unit multi-family property located in the heart of Northampton. This income-producing gem boasts an excellent rental history with easy access to downtown Northampton, Smith College, the rail trail, train station, and major highways. Your tenants will enjoy close proximity to the vibrant downtown center's shopping, restaurants, and nightlife. Many recent updates include roof replacement, vinyl siding, exterior egresses and fire detection system plus whole house weatherization through Mass Save. 6 of the 7 gas furnaces have been updated within the last 8 years. The property features six 1-bedroom units and one 2-bedroom unit, off-street parking, separate utilities, and gas heat. Many units showcase hardwood flooring with updated kitchens and baths throughout. This well-positioned investment property offers both strong cash flow potential and the lifestyle amenities that keep tenants happy and lease renewals high. Pre-approved buyers only.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2025-12-12T00:04:42.247.
www.lexirealestate.com/homes/169135777
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86 Lyman Road Northampton, MA 01060

  • Price: $1,485,000
  • Status: Active
  • On Site: Days
  • MLS #: 73446436
0
Beds
0
Baths
0
½ Baths
0.31
Acres
6,541
SQFT
$227
$/SQFT
1900
Built
County:
Hampshire
Property Description
Exceptionally maintained 7-unit multi-family property located in the heart of Northampton. This income-producing gem boasts an excellent rental history with easy access to downtown Northampton, Smith College, the rail trail, train station, and major highways. Your tenants will enjoy close proximity to the vibrant downtown center's shopping, restaurants, and nightlife. Many recent updates include roof replacement, vinyl siding, exterior egresses and fire detection system plus whole house weatherization through Mass Save. 6 of the 7 gas furnaces have been updated within the last 8 years. The property features six 1-bedroom units and one 2-bedroom unit, off-street parking, separate utilities, and gas heat. Many units showcase hardwood flooring with updated kitchens and baths throughout. This well-positioned investment property offers both strong cash flow potential and the lifestyle amenities that keep tenants happy and lease renewals high. Pre-approved buyers only.
Exterior Features

Parking Total 5 Roof Asphalt/Composition Shingles Waterfront YN No

Interior Features

Building Area Total 6541

Property Features

Association YN No Business Type 5+ Residential Disclosures Shared driveway easement and maintenance agreement attached online. buyers and their agents do verfiy all information. Existing Lease Type Other (See Remarks) Gross Income 115200 Home Warranty YN No Net Operating Income 99175 Operating Expense 16025 Senior Community YN No Tax Annual Amount 10055 Tax Year 2025 Utilities Public WaterPublic SewerNatural Gas Available Zoning URB

Listing information © 2025 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Jeanne Troxell Munson of The Murphys REALTORS®, Inc.: 413-584-5700.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2025-12-12T00:04:42.247.
 
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Lexi Real Estate Team | Coldwell Banker Realty
1375 Beacon St
Brookline MA, 02446
Listing courtesy of Jeanne Troxell Munson of The Murphys REALTORS®, Inc..