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.
Multi-familyProperty Type
1900Year Built
0.31 acresLot Size
$207Price/Sq.Ft.
5 spacesParking
Listed by Jeanne Troxell Munson• The Murphys REALTORS®, Inc.
Bought with Crystal Kane• Happy Valley Realty Group, LLC
Window Features: Box/Bay/Bow Window(s), Insulated Windows
Flooring: Wood, Vinyl, Carpet, Varies, Hardwood
Interior Features: Bathroom With Tub & Shower, Other, Living Room, Kitchen
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #3 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #4 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Exterior
Building Information
Building Area (Total): 6,541
Foundation Details: Stone
Construction Materials: Frame
Stories (Total): 5
Year Built Source: Public Records
Year Built Details: Actual
Color: Yellow
Exterior Features
Roof: Shingle
Patio And Porch Features: Porch
Property Information
PropertySubType: 5-9 Family
Above Grade Finished Area: 6541
Below Grade Finished Area: 0
Levels: 5
Green Energy Efficient : Partial, Varies per Unit
Lot Information
Lot Size (Acres): 0.31
Lot Features: Level
Road Surface Type: Paved
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Financial
Tax Information
Tax Annual Amount: $10,055
Tax Year: 2025
Utilities
Utility Information
Utilities: for Gas Range, for Electric Range, for Electric Oven, Varies per Unit
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers, Individually Metered, Varies per Unit, Other (See Remarks)
Heating & Cooling
Has Heating
Heating: Forced Air, Natural Gas, Individual
Heating Units: 7
Cooling Units: 0
Location
School Information
Elementary School: Bridge Street
Middle Or Junior School: Jfk
High School: Northampton/Smith Voc
Location Information
Directions: Off South St
UnparsedAddress: 86 Lyman Road, Northampton MA 01060
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Hampshire County
APN: 3721982
Home facts updated by county records on Oct 22, 2025
Other
Miscellaneous Information
Heat Zones: 7
Listing Information
StandardStatus: Closed
Around this home
Schools
Bridge Street Elementary School
Public PreK-5 • Assigned • 0.9mi
4/10
John F Kennedy Middle School
Public 6-8 • Assigned • 3.4mi
6/10
Northampton High School
Public 9-12 • Assigned • 1.5mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 97° expected this year, 16 days in 30 years
4/10 Wind Factor
19% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Northampton, MA • 01060
Average low and high temperatures (°F)
32
17
35
19
51
31
62
41
70
50
81
60
86
66
81
58
76
54
64
43
52
34
37
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.