699-707 Main St, Amherst MA 01002
Amherst, MA 01002
$685,000
$649,500
Est. $4,265/month
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About this home
Exceptional mixed-use opportunity in the heart of Amherst! This rare property offers three buildings on one lot, creating immediate income and long-term upside. Featuring an established commercial space, a 24x36 oversized garage with drive-in access and unfinished flex space above ready for expansion, plus a 4–5 bedroom, 2-bath single-family home currently rented to college students. Located just minutes to the Five College Consortium, downtown Amherst, and directly on a bus route, this property delivers consistent rental demand and strong visibility. With ample parking and flexible mixed-use zoning, investors can capitalize on multiple income streams while exploring future value-add potential. A truly unique asset in one of Western Massachusetts’ most dynamic rental markets.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
5.2%
Price Range
Property Timeline
Price Reduced
May 4, 2026
$649,500
$35,500
(-5.18%)
From $685,000 to $649,500 (-5.2%)
Listed for Sale
Mar 3, 2026
$685,000
Original listing
Agent: Hometown Team
Office: Real Broker MA, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/04/2026 | ↓ Price Reduced | $649,500 | $35,500 | - | From $685,000 to $649,500 (-5.2%) |
| 03/03/2026 | 🏠 Listed for Sale | $685,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $9,373 | — |
Financial Details
Annual Property Tax
$9,373
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1780
Living Area
5,292 sq ft
Lot Size
0.73 acres
Investment Metrics
Gross Income
$48,600
Operating Expenses
$14,000
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Public Sewer, Fiber Optic
Financial
Annual Tax
$9,373
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Hampshire
Property Overview
Listing Type
For Sale
Year Built
1780
Living Area
5,292 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
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:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1780
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Frontage:
145.00 ft
Road Surface:
Parking & Garage
Parking Features:
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
0.3 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
0.9 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
The Common School
1.5 mi
Grades PK-05
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
3 schools
A-
Amherst Regional High School
0.6 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
3.6 mi
Grades 11
A-
Smith Academy
5.0 mi
|
#7 of 25
|
Score: 48.3
Improved 170 spots from last year
-9.9 below state avg
109 students
Less Diverse
7 sports
• 256 athletes
Strong AP Program
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$781
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
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
699-707 Main St, Amherst MA 01002
Amherst, MA 01002
Listing Information
Listing Agent
Hometown Team
Listing Office
Real Broker MA, LLC
Office Phone
978-652-3092
Agent MLS ID
TM352091
Office MLS ID
AN8876
Listing Data Updated
May 8, 2026 3:05 AM 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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