Sally Malsch, CRS, GRI, ABR, SRES, ePRO
Five College REALTORS | 413-519-4465 | sally@sallymalsch.com

140 Amity St, Amherst, MA 01002

Multi-Family

$319,900
Price
$295,000
Sale Price

2
Units
1,530
Approx. GLA
Investor Alert: well maintained Greek Revival farmhouse, converted to two family, is sited in heart of downtown, close to the Jones Library. Walk to the cinema, bank, Town Hall & all the fine restaurants, as well as to Amherst College & UMASS. Parking in back of building. 1530 SF is divided amongst 2 units, each w/ separate utilities, gas heat & hot water. Improvements include: replacemt. windows, new roof, 2 100 amp electric panels & ext. supply meter, sump pump. Second floor unit has new kitchen, new bath and refinished floors. Also, all freshly painted on second floor. Leases in effect from July 1, 2016 to July 1, 2017.
Highlights
Sale Price: $295,000
Settled Date: 1/25/2017 12:00:00 AM
Basement Features: Full, Walk Out, Interior Access, Sump Pump, Dirt Floor, Concrete Floor
List Price: $319,900
Type: Multi-Family
Multi-Family Type: 2 Family
Status: Sold
Beds: 2
Baths: 2
Units: 2
Year Built: 1840
Approx. GLA: 1,530
MLS#: 72015656
 
 
Interior
Basement: Yes
Electric Features: 110 Volts, 220 Volts, Circuit Breakers, 100 Amps, Individually Metered, Varies per Unit
Heating Units: 2
Flooring: Wood, Vinyl
Hot Water: Natural Gas, Tank, Varies Per Unit
Rooms: 8
Lead Paint: Unknown
Total Floors: 2
UFFI: No
Exterior
Water: No
Facing: North
Acres: 0.28
Lot Size: 12,251.00
Lot Description: Easements, Other (See Remarks), Gentle Slope
Foundation: Fieldstone
Foundation Size: 16x30
Parking Spaces: 2
Parking Features: Off-Street, Common, Stone/Gravel, Unpaved Driveway
Road Type: Public, Paved, Publicly Maint.
Color: white
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range, for Electric Dryer, Washer Hookup
Exterior: Wood
Exterior Features: Gutters, Screens
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $342,400
Taxes: $7,033
Tax Year: 2016
Book/Page: 4153/220
Warranty Available: No
School
Grade School: Crocker Farm
Middle School: ARMS
High School: ARHS
Beach
Beach: No
Expenses
Expenses Source: Other (See Remarks)
Gross Income: $18,900
Gross Expenses: $8,900
Total Rent: $1,575
Net Income: $15,248
Insurance Cost: $1,300
Management Cost: $1,800
Water Cost: $552
 
Additional
Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School, University
Disclosure Declaration: Yes
Disclosure: Leases: The rents given are effective from July 1, 2016 through 7/1/17. On weekends, showings after 11:00 am.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 1 0 1 1 0 Yes 1 $975
Unit 2 3 1 0 2 1 0 No 1 $800
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator, Washer, Dryer  Heating:  Central Heat, Forced Air, Gas, Individual, Unit Control  Interior:  Bathroom With Tub & Shower, Hardwood Floors, High Speed Internet Hookup, Ceiling Fans, Cable TV Available  Rooms:  Living Room, Dining Room, Kitchen, Laundry, Other (See Remarks), Mudroom 
Unit 2
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Central Heat, Forced Air, Gas, Individual, Unit Control  Interior:  Bathroom with Shower Stall, Hardwood Floors, Cable TV Available  Rooms:  Living Room, Kitchen 
Map
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The listing office is 5 College REALTORS and the listing agent is Sally Malsch. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/10/2017 7:05:00 PM.
 
Sally Malsch
Sally Malsch
REALTOR®,CRS,GRI,ABR,SRES,SRS,ePRO,
Five College REALTORS ®