Cedarwood Apartments

  • Title

    Multifamily Property

  • City

    Belchertown, MA

  • Price

    $789,000

  • Cap Rate

    8.0%

  • Gross Leasable Area

    8,736 SF

  • No. Units

    12

  • Price/SF

    $90.32

  • Price/Unit

    $65,750

  • No. Stories

    2

  • Year Built

    1972

  • Building Size

    2.60 AC

Not found amenities.

Northeast Private Client Group is pleased to present the Amherst Road Apartments, a 12-unit multifamily property located on 154 Amherst Road, Belchertown, MA.

The Amherst Road Apartments offer an investor the opportunity to purchase an investment property located within miles of three universities. The building includes 12 two-bedroom units, 6 of which offer second floor balconies. This property features off-street parking, income producing laundry, onsite management and tenant paid electrical heating.

Belchertown is located in Hampshire County, Massachusetts in the Connecticut River Valley. Its population as of 2016 is 15,100, an increase of 3% from 2010. It is located 20 miles north of Springfield and 43 miles west of Worcester. This property is conveniently located 7.5 miles from the University of Massachusetts Amherst, 6.5 miles from Amherst College and 8 miles from Hampshire College making it an ideal location for a residential rental. With a 92.7% high school graduation rate and 42.6% of the population holding a Bachelor’s degree or higher, the populous intellectually outshines other parts of the country. Belchertown is serviced by the Amtrak rail, available in nearby Northampton (14 miles) and Bradly International airport in Windsor Locks, CT (40 Miles).

 

Belchertown, Hampshire County, MA

Cedarwood Apartments