Active
63 Days on market
702-704 Main St Amherst — Photo 1 of 28

702-704 Main St Amherst — Photo 1 of 28

$1,350,000

702-704 Main St, Amherst, MA 01002

Amherst, MA 01002

Beds

10

Baths

6

SqFt

3,892

Style

5-9 Family

Built

1880

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$347/sqft
Local Avg (Amherst)$320/sqft
8% AboveMarket Average

* Analysis is based on 15 actively listed and recently sold comparable properties strictly within Amherst, MA.

Property Details

Financials

Original Price$1,350,000
Annual Taxes$17,438

Parking

Garage0
Off-Street10

Interior Specifications

Total Rooms21
FireplacesNone
FlooringWood, Vinyl
BasementFull, Crawl Space, Bulkhead, Sump Pump, Unfinished

Climate & Utilities

HeatingForced Air, Oil, Baseboard, Electric
Cooling--
WaterPublic, Individual Meter
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle, Rubber
FoundationStone, Brick/Mortar
ZoningRG

Property & Lot

Acres0.38
SqFt Lot16,335
Lot FeaturesCleared

Amenities & Appliances

Range • Refrigerator • Dishwasher • Microwave

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Population

26,370

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$71K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

53.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Hampshire County

384 housing units permitted in the last 12 months (+45% vs the prior 12 months) — 272 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Matthew Crowner

Listing Office: William Raveis R.E. & Home Services

MLS® Number: 73546575

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