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21 Dwight St, Agawam, MA, 01001

--beds
22baths
6,696sqft
$2,260,000
$338price/sqft
$16,331/moest. monthly cost
$653,240/yrincome needed

About This Home

22-unit studio apartment building with strong cash flow and value-add potential. T-12 through May 2026 reflects approximately $189,000 NOI. Property features numerous upgrades, including plank flooring, LED lighting, composite decking, and four sets of coin-operated laundry equipment generating additional income. Opportunity exists to further increase revenue through operational improvements, potential heat pump installation, and possible expansion of basement space (subject to buyer verification, permits, and approvals).Property appraised at approximately $2.5M in 2023 prior to subsequent improvements and rent growth initiatives. Located in a desirable rental market with limited multifamily inventory. Seller financing, hard money, sale-leaseback, and other creative structures may be considered. Offers due by 8/3/26.

Getting Around

62
WalkingSomewhat Walkable
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

5/10
4/10
Agawam High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1965

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: 5+ Family - 5+ Units Up/Down

Interior

Bedrooms & Bathrooms

  • Bathrooms: 22
  • Full bathrooms: 22

Features

  • Finished area above ground: 6,696

Interior Area

  • Total structure area: 6,696
  • Total interior livable area: 6,696 sqft

Property

Details

  • Parcel number: 2484304
  • Zoning: res

Lot

  • Lot size: 0.68 Acres

Parking

  • Total spaces: 28
  • Parking features: Paved Drive
  • Has uncovered spaces: Yes
  • Uncovered spaces: 28