Excellent investment opportunity! Three unit rental property, two great long term tenants on first floor and new tenants coming into larger second floor unit. Great location, close to Amherst College, UMASS, and minutes away from downtown Amherst. On street and off street parking available. Also on the bus route. Separate heat and electric utilities for each unit. Recently replaced electric meters for all units. New boiler installed, as well as new oil tank and supply lines. Newer pressure treated entry into one of the first floor units. Beautiful corner lot in a pleasant residential neighborhood.
Good rental history. Walk to town, on bus route,UMASS, off street parking available. Seperate heat & utilities for each unit. Worthy of your consideration if you are serious about rental property. Metal roof.
Year
Property tax
Land + Additions
Assessment*
2023
$9,582 (+3.4%)
$173,600 + $303,100
$476,700
2022
$9,269 (+0.1%)
$157,900 + $277,900
$435,800
2021
$9,256 (+2.3%)
$146,300 + $277,900
$424,200
2020
$9,044 (+7.2%)
$146,300 + $277,900
$424,200
2018
$8,433 (+2.2%)
$146,300 + $252,600
$398,900
2017
$8,250 (+2.9%)
$139,300 + $238,600
$377,900
2016
$8,019 (+3.3%)
$139,300 + $238,600
$377,900
2015
$7,762 (+3.2%)
$139,300 + $238,600
$377,900
2014
$7,520 (+2.8%)
$134,000 + $224,600
$358,600
2013
$7,312 (+3.3%)
$134,000 + $224,600
$358,600
2012
$7,079 (−0.7%)
$134,000 + $224,600
$358,600
2011
$7,129
$144,700 + $247,000
$391,700
Tax history for 61 Gray St
Year
Property tax
Land + Additions
Assessment*
2023
$9,582 (+3.4%)
$173,600 + $303,100
$476,700
2022
$9,269 (+0.1%)
$157,900 + $277,900
$435,800
2021
$9,256 (+2.3%)
$146,300 + $277,900
$424,200
2020
$9,044 (+7.2%)
$146,300 + $277,900
$424,200
2018
$8,433 (+2.2%)
$146,300 + $252,600
$398,900
2017
$8,250 (+2.9%)
$139,300 + $238,600
$377,900
2016
$8,019 (+3.3%)
$139,300 + $238,600
$377,900
2015
$7,762 (+3.2%)
$139,300 + $238,600
$377,900
2014
$7,520 (+2.8%)
$134,000 + $224,600
$358,600
2013
$7,312 (+3.3%)
$134,000 + $224,600
$358,600
2012
$7,079 (−0.7%)
$134,000 + $224,600
$358,600
2011
$7,129
$144,700 + $247,000
$391,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.