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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

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,427$137,124
Home Insurance *$929$11,148
Property Taxes $2,655$31,860
Electricity $1,320$15,844
Total$16,331$195,972
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$559,920/yr
40% on housing$489,930/yr
45% on housing$435,493/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$338This listing

vs Other Active Listings

Avg $/sqft

ZIP 01001$189
Hampden County$187

vs Homes Sold Last Month

Median $/sqft

ZIP 01001$237
Hampden County$227

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-06Pending sale$2,376,250
2026-07-29Price change$2,260,000
2026-07-27Price change$2,490,000
2026-06-15Price change$2,550,000
2026-06-11Listed for sale$2,800,000
2022-09-27Listing removed--
2022-09-10Listed for rent$795
2021-11-15Listing removed--
2021-11-05Listed for rent$750
2021-03-01Listing removed--
2020-08-19Listing removed$650
2020-08-10Listed for rent$650

For Sale by Agent

AgentRussell J. Sabadosa
BrokeragePremier Choice Realty

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