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Dwight Street Apartments 948 Dwight St 16 Unit Apartment Building $1,500,000 ($93,750/Unit) 8.27% Cap Rate Holyoke, MA 01040



Investment Highlights
- Access & Connectivity
- Outdoor Recreation Amenities
- Strong Rental Demographics & Demand
- Area Amenities & Demand Drivers
- Off-Street Parking
- Quality of Life Amenities
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 948 Dwight Street in Holyoke, MA (the “Property”). The four-story building contains sixteen (16) 1-Bedroom/1-Bathroom units with 10,608 square feet of gross living area in 13,260 square feet of gross area. The Property is situated upon a 0.11-acre parcel and features ten (10) off-street parking spaces. 948 Dwight Street is strategically located in the heart of Holyoke, offering convenient access to the city’s downtown business district, established residential neighborhoods, and a wide range of retail and service amenities. Situated along Dwight Street, one of Holyoke’s primary north-south corridors, the property benefits from excellent connectivity to Interstate 91, Route 141, and the Massachusetts Turnpike (I-90), providing efficient access throughout the Pioneer Valley and the broader Western Massachusetts region. Its central location places residents within minutes of major employment centers in Holyoke, Springfield, and Northampton, while also offering easy access to public transportation, shopping destinations, healthcare providers, and educational institutions.
Property Facts
| Price | $1,500,000 | Building Class | B |
| Price Per Unit | $93,750 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 13,260 SF |
| Cap Rate | 8.27% | Average Occupancy | 94% |
| No. Units | 16 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment | Parking Ratio | 0.75/1,000 SF |
| Zoning | RM20 | ||
| Price | $1,500,000 |
| Price Per Unit | $93,750 |
| Sale Type | Investment |
| Cap Rate | 8.27% |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 13,260 SF |
| Average Occupancy | 94% |
| No. Stories | 4 |
| Year Built | 1910 |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | RM20 |
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Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $444,400 | |
| Land Assessment | $150,200 | Total Assessment | $594,600 |
Property Taxes
Parcel Numbers
Land Assessment
$150,200
Improvements Assessment
$444,400
Total Assessment
$594,600
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