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Investment Highlights

  • Walk to Downtown
  • On Site Parking
  • Close to Smith College, Umass, and Amherst College
  • Highway Access
  • Coin Op Laundry

Executive Summary

Solid income stream at this downtown Northampton 12-unit apartment building, and the proximity to downtown cannot be beat. The 12 apartments are either 1- or 2-bedroom units and are rented through August 2027 at market rate rents. Owner has never had a vacancy. New stairs and 2nd/3rd floor egress, new heating systems, new paint, well maintained building with laundry and dry basement. Parking for 12+ cars. Common areas and units share character and charm with period details. Expenses available at showings. Leases available for review with an accepted offer. A representative number of units will be shown at first showings.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $395,951 $33.77
Other Income - -
Vacancy Loss - -
Effective Gross Income $395,951 $33.77
Taxes - -
Operating Expenses - -
Total Expenses $131,853 $11.25
Net Operating Income $264,098 $22.53

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $395,951
Annual Per SF $33.77
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $395,951
Annual Per SF $33.77
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $131,853
Annual Per SF $11.25
Net Operating Income (CAD)
Annual $264,098
Annual Per SF $22.53

Property Facts

Price $4,055,749 CAD
Price Per Unit $337,979 CAD
Sale Type Investment
Cap Rate 6.93%
Gross Rent Multiplier 10.24
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.58 AC
Building Size 11,724 SF
No. Stories 2
Year Built 1900
Zoning URC - 112 - Apartment...

Amenities

  • Smoke Detector

Unit Amenities

  • Hardwood Floors
  • Porch

Site Amenities

  • Laundry Facilities
  • Smoke Detector
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
NHAM-000032A-000184-000001
Land Assessment
$536,184 CAD
Improvements Assessment
$1,258,519 CAD
Total Assessment
$1,794,703 CAD
  • Listing ID: 40564260

  • Date on Market: 2026-05-17

  • Last Updated:

  • Address: 81 Bridge St, Northampton, MA 01060

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