Historical Multifamily Sale Listing - 31 UNITS FOR $1,300,000

Multifamily For Sale

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31 UNITS FOR $1,300,000

68-74 ESSEX ST & 328-330 MAPLE ST, HOLYOKE, MA 01040

N/A

31 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
31
Building Size:
15,820 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Vacant/Owner-User
Cap Rate:
10.84%
Year Built:
1910
Lot Size:
0.11 AC
Listing ID
14911342
Last Updated
over 1 year ago

Description

This classic brick building consists of 31 units including 4 studios, 16 one bedrooms, 6 two bedrooms, 4 three bedrooms, 1 office and a commercial space currently rented as a church. The City of Holyoke is located by the Connecticut River where the first of several dams was constructed in 1848 to take advantage of a 57-foot drop in the river level. The water power created by the dam was transferred to new industrial sites along 7.5 miles of hand dug canals. At one point, more than 25 paper mills were in operation in Holyoke, annually producing the greatest tonnage of paper of any city in the world.

HOLYOKE, MA

Map of 68-74 ESSEX ST & 328-330 MAPLE ST, HOLYOKE, MA 01040 (Hampden County)

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