Sold

86 Lyman Rd, Northampton, MA

Northampton · MA 01060

$1,352,000
Price
8
Beds
7
Baths
6541
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 7 Units
Lot size: 0.31 Acre Lot
Price per square foot: $227 / Sq.Ft
Parking: 5 Off Street Spaces

About this home

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.

Neighborhood & Transit

86 Lyman Rd, Northampton · MA 01060

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
302 days
Listing Price:
$1,485,000
Price per Sq.Ft:
$227
Tax Assessment:
$721,800 in 2025
Taxes:
$838 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
7
Half Bathrooms
0
Living Area
6,541 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
6541
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, Individually Metered, Varies per Unit, Other (See Remarks)

Exterior Features

Lot Size
13,494 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
5 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Jeanne Troxell Munson
Listing office
The Murphys REALTORS®, Inc.
MLS PIN #
73446439
Disclosure
Shared driveway easement and maintenance agreement attached online, water/Sewer combined cost. Buyers and their agents to verify all information.