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632 S East St, Holyoke, MA, 01040

16beds
8baths
5,580sqft
$1,100,000
$197price/sqft
$8,491/moest. monthly cost
$339,640/yrincome needed

About This Home

INVESTORS 8-unit property offering a rare opportunity to complete a high-quality asset with significant upside. The building has been reconstructed using durable materials like metal rails inside and out with modern construction standards, providing a solid foundation for long-term ownership. Major capital improvements have already been completed, including new mechanical systems: updated electrical, plumbing, and heating, greatly reducing future maintenance concerns. The heavy brick exterior adds lasting structural integrity and classic appeal.While the property is not yet turnkey, it presents a prime value-add opportunity for investors to bring the project to completion and unlock strong rental income potential. With much of the heavy lifting already done, the remaining work allows flexibility to tailor finishes and maximize returns. Many materials included like flooring, cabinets, tile and more. When complete estimated rentals could bring in ~$13,600 a month!

Getting Around

83
WalkingVery Walkable
54
TransitGood Transit
51
BikeBikeable

Schools

3/10
Joseph Metcalf SchoolGrades 6-81.2 mi
2/10
Holyoke High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Block,Stone
  • Roof: Rubber

Type & Style

  • Home type: MultiFamily
  • Property subType: 5-9 Family

Interior

Appliances

  • Appliances included: Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full,Concrete,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 16
  • Bathrooms: 8
  • Full bathrooms: 8

Features

  • Laundry Room
  • Flooring: Wood,Vinyl
  • Finished area below ground: 1,470
  • Finished area above ground: 5,580

Interior Area

  • Total structure area: 5,580
  • Total interior livable area: 5,580 sqft

Property

Details

  • Parcel number: 2530462
  • Zoning: DR

Features

  • Patio & porch: Porch,Deck,Patio,Covered
  • Exterior features: Balcony/Deck,Balcony,Other
  • Fencing: Fenced

Lot

  • Lot size: 4,330 sqft
  • Features: Zero Lot Line

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 $5,562$66,744
Home Insurance *$537$6,444
Property Taxes $1,292$15,504
Electricity $1,100$13,204
Total$8,491$101,892
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$291,120/yr
40% on housing$254,730/yr
45% on housing$226,426/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

$197This listing

vs Other Active Listings

Avg $/sqft

ZIP 01040$151
Hampden County$187

vs Homes Sold Last Month

Median $/sqft

ZIP 01040$178
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
2026-04-01Listed for sale$1,100,000

For Sale by Agent

AgentTeam ROVI
BrokerageReal Broker MA, LLC

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