Prime 5-Family Investment Property in Amherst! Located less than a mile from Amherst Center, this exceptionally well-maintained property offers tenants a walkable lifestyle - steps to restaurants, shopping, Amherst College, and close to UMass, with easy access to public transportation. Recent upgrades include a new Buderus heating system (approx. 2 years old). Each unit has separate electric meters, and their own water heater. All five units feature beautiful wood floors and private entrances, offering tenants comfort and independence. A large parking lot adds convenience for residents. All units are currently rented through May 2027 - a turnkey opportunity with immediate, stable rental income in one of the Pioneer Valley's most sought-after college-town markets.
Multi-familyProperty Type
1880Year Built
0.38 acresLot Size
$347Price/Sq.Ft.
10 spacesParking
Listed by Matthew Crowner• William Raveis R.E. & Home Services
East Village, located between the University of Massachusetts Amherst campus and downtown Amherst, is a residential and academic-adjacent Amherst Town neighborhood with tree-lined side streets and a walkable bike-network feel. The neighborhood’s character concentrates around the North Pleasant Street corridor near the UMass gateway, where coffee counters, casual eateries, and student-facing storefronts keep the sidewalks active. Longtime anchors include the UMass Fine Arts Center for performances, the Mullins Center for big-event nights, and the Emily Dickinson Museum for a quieter cultural counterpoint. Housing reads as a mix of classic New England homes and campus-era apartments, with front porches and small yards shaping the streetscape. Pocket greens and playing fields break up the blocks, and the Norwottuck Rail Trail adds a scenic, car-light route for commuting and weekend loops. The atmosphere shifts from campus energy to residential calm within a few blocks.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Broadband internet available
Living room
Bathroom with tub
Bathroom with shower stall
Kitchen
Bathrooms
Six full bathrooms
Kitchen
Range
Refrigerator
Dishwasher
Microwave
Flooring
Wood flooring
Vinyl flooring
Heating & cooling
Forced air heating
Oil heating
Baseboard heating
Electric heating
Two heating units
Exterior features
Porch
Rain gutters
Cleared lot
Paved road frontage
Public road frontage
Publicly maintained road
Home design
5–9 family property
White exterior color
Eight total stories
Parking
Off-street parking
Ten open parking spaces (total 10)
Construction
Stone and brick/mortar foundation
Shingle roof
Rubber roof
Approximately built (year from public records)
Utilities
Public sewer
Public water with individual meters
Electric with circuit breakers and individually metered
Electric range hookup
HOA & community
Not a senior community
Community features include public transportation, shopping, parks, walk/jog trails, golf, medical facility, laundromat, bike path, conservation area, houses of worship, private and public schools, and a university
Other
Building total area approximately 3,892
Lot size approximately 0.38 acres
Electricity and solar
View estimated energy costs and solar savings for this home