265 N East St, Amherst MA 01002
Amherst, MA 01002
$389,000
Est. $2,770/month
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About this home
A solid investment opportunity is found in this 3-family home just a short drive to UMass, downtown Amherst, and area schools/shopping. With strong rental history and leases in place for all units through 5/30/27, the property offers immediate cash flow. Upstairs is a spacious 3 BR/1BA unit with access to wood deck. Downstairs are additional 1BR/1BA and 2BR/1BA units, as well as laundry room. Property being sold as is; roof and deck are older.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 31, 2026
$389,000
Original listing
Agent: Greg Stutsman
Office: Brick & Mortar
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/31/2026 | 🏠 Listed for Sale | $389,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $7,239 | $428,100 |
Financial Details
Annual Property Tax
$7,239
Tax Year 2026
Assessed Value
$428,100
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1965
Living Area
2,996 sq ft
Lot Size
0.64 acres
Stories
3
Bedrooms
6
Full Baths
3
Total Rooms
15
Investment Metrics
Units
3
Unit 1 Rent
$2,350/mo · Y
Unit 2 Rent
$1,025/mo · Y
Unit 3 Rent
$1,350/mo · Y
Total Monthly Rent
$4,725/mo
Gross Income
$56,700
Net Operating Income
$27,961
Operating Expenses
$28,739
Cap Rate
7.19%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Full
Laundry
None
Features
Laundry Room
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck - Wood
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
6
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$7,239
Assessed Value
$428,100
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Seller Has Not Lived In Home For Many Years. Propane Tanks Are Leased.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Tan
Sq Ft Source
Public Record
Documents
None
County
Hampshire
Property Overview
Property Type
3 Family
Listing Type
For Sale
Year Built
1965
Bedrooms
6
Full Bathrooms
3
Living Area
2,996 sq ft
Total Rooms
15
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,260 sq ft above grade
1,736 sq ft below grade
Display Options
Outdoor Areas
Patio & porchDeck - Wood
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Laundry Room
Windows:
Insulated Windows
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1965
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Electric
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters
Patio & Porch:
Deck - Wood
Fencing:
Other Structures:
Lot Features:
Sloped
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Paved Drive, Off Street, Paved
Nearby Schools
School District
Amherst-Pelham School District local
School Safety
2024-25
0.3%
Low
0.3%
Suspensions
0.7%
In-School
5.2% below state avg
Elementary Schools
3 schools
C+
Fort River Elementary School
0.7 mi
|
#579 of 824
|
Score: 41.8
Dropped 279 spots from last year
-16.4 below state avg
371 students
Diverse
Diverse Student Body
Grades K-06
C+
Wildwood Elementary School
0.7 mi
|
#573 of 824
|
Score: 42.2
Dropped 332 spots from last year
-16.1 below state avg
314 students
Very Diverse
Diverse Student Body
Grades K-06
C
Pelham Elementary School
1.7 mi
|
#598 of 824
|
Score: 41.1
Dropped 464 spots from last year
-17.1 below state avg
128 students
Diverse
Grades K-06
Middle Schools
1 school
A-
Amherst Regional Middle School
0.7 mi
|
#95 of 352
|
Score: 50.3
Improved 32 spots from last year
-7.9 below state avg
366 students
Diverse
Rising School
Diverse Student Body
Grades 07-08
High Schools
2 schools
A-
Amherst Regional High School
0.8 mi
|
#84 of 346
|
Score: 61.6
Improved 113 spots from last year
+3.4 above state avg
816 students
Diverse
19 sports
• 1,680 athletes
Strong AP Program
Rising School
College Ready Curriculum
Strong Athletics
Grades 09-12
School to Farm Program
4.3 mi
Grades 11
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$603
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Total interest paid
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Rate Impact
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
265 N East St, Amherst MA 01002
Amherst, MA 01002
Listing Information
Listing Agent
Greg Stutsman
Listing Office
Brick & Mortar
Office Phone
413-259-8888
Agent MLS ID
CT004892
Office MLS ID
AN5472
Listing Data Updated
Aug 31, 2026 6:40 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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