CCertihomes
174-180 Lyman St, Holyoke, MA 01040

$499,000

24 beds 14 baths 8,640 sqft Built 18904 days on marketActive

About this home

Residential Building Investment Opportunity situated in the heart of Holyoke, this residential building presents an exceptional opportunity for developers and investors. The seller has provided preliminary plans for a 12-unit condominium complex. Each unit is designed to offer comfortable living with 2 bedrooms and 1 bathroom. Conveniently located close to amenities, schools, and transportation. This project promises significant returns for those looking to invest in a city that will experience tremendous growth in the coming years. Don't miss out on this chance to transform this property into a profitable condominium complex! Contact us today for more details and to schedule a viewing. Schedule your showing today!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$4,833/mo

Real estate (PITI + HOA + PMI)
$4,408
Principal + interest$3,218
Property tax + insurance$1,003
PMI / 2nd mortgage$187
Utilities
$755
Heating + cooling$216
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$131
Car insurance + maintenance$131
Other (entertainment)
$157
$4,833/mo TLC
Budget$5,333/mo
Remaining after TLC$500/mo
Purchase price
$499,000
Down payment
$24,950 (5%)
Loan amount
$474,050
APR
7.2%

Quick facts

Type
5-9 Family
Style
Year built
1890
Lot size
0.07 ac
Stories
3
Heating
Cooling
Water
Public
HOA
Annual tax
$2,316
MLS #
73220949
County
Hampden

At a glance

Basement

Home features

Community
Public TransportationShoppingParkWalk/Jog TrailsMedical FacilityHighway AccessHouse of Worship
Roof
Rubber
Sewer
Public Sewer

Lot features

Corner Lot

Neighborhood — 01040

MetricThis ZIPCountyUSA
Population41,5126,444,931299,088,112
Population Change Since1990-7.00%7.00%20.00%
Population Density1,816786
Male19,6613,127,134147,432,321
Female21,8513,317,797151,655,844
Never Married11,1621,612,88563,775,926
Married12,2352,586,314123,120,365
Separated3,129247,85712,639,686
Widowed2,622363,59415,467,586
Divorced3,249436,88823,075,029
Number Of House Hold15,6832,431,591111,826,380
Average House Hold Size2.562.562.60
Medial Age33.9137.2535.46
Median House Hold Income$33,970$57,698$48,276
Average House Hold Income$43,158$75,023$63,629
P C I$17,848$29,196$24,529
M D I$30,060$48,105$41,133
A T H E$39,562$57,083$50,898
S T R5.00%5.00%
W C J80.19%81.38%77.74%
(Zip) Code
1040

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 4/6/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.