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21 Dwight, Agawam MA 01001

Agawam, MA 01001
$2,800,000
$2,550,000
Est. $14,474/month
22
Baths
6,696
Sq Ft
$381
Price/Sq Ft
0.68
Acres
1965
Year Built
28
Parking
29
Days on Market
Active Price Drop -$250,000 Listed Jun 11, 2026 • MLS# 73534182 Copied! • Updated Jul 9, 2026

About this home

22-unit studio apartment building with strong cash flow and value-add potential. T-12 through May 2026 reflects approximately $189,000 NOI. Property features numerous upgrades, including plank flooring, LED lighting, composite decking, and four sets of coin-operated laundry equipment generating additional income. Opportunity exists to further increase revenue through operational improvements, potential heat pump installation, and possible expansion of basement space (subject to buyer verification, permits, and approvals).Property appraised at approximately $2.5M in 2023 prior to subsequent improvements and rent growth initiatives. Located in a desirable rental market with limited multifamily inventory. Seller financing, hard money, sale-leaseback, and other creative structures may be considered.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
8.9%
Price Range

Property Timeline

Price Reduced
Jun 15, 2026
$2,550,000 $250,000 (-8.93%)
From $2,800,000 to $2,550,000 (-8.9%)
🏠
Listed for Sale
Jun 11, 2026
$2,800,000
Original listing
Agent: Russell J. Sabadosa Office: Premier Choice Realty

Tax History

Year Taxes Assessment
2026 $16,555 $1,174,100

Financial Details

Annual Property Tax
$16,555
Tax Year 2026
Assessed Value
$1,174,100

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1965
Living Area 6,696 sq ft
Lot Size 0.68 acres
Full Baths 22
Total Rooms 22

Investment Metrics

Units 22
Unit 1 Rent $1,025/mo · Y
Unit 2 Rent $1,025/mo · Y
Total Monthly Rent $2,050/mo
Gross Income $229,913
Net Operating Income $189,965
Operating Expenses $18,919
Water/Sewer Expense $3,900
Electric Expense $1,567
Insurance Expense $5,200
Cap Rate 7.45%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction Brick
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive
Total Spaces 28
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $16,555
Assessed Value $1,174,100
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Sale Has Bankruptcy Court Approval. Buyers To Perform Their Own Due Diligence Regarding Financials, Unit Count, Future Development Potential, Permits, And All Property Information.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Other
Documents None
County Hampden
Total market time (incl. prior listings) 28 days

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1965
Full Bathrooms
22
Living Area
6,696 sq ft
Total Rooms
22
Stories
2
Levels
2

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1965
Structure Type:
Exterior Materials: Brick
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 2

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 28
Parking Features: Paved Drive
School District
Agawam School District local
C+
School Safety 2024-25
1.7% Average
1.5% Suspensions 1.6% In-School 0.2% Emergency
3.8% below state avg
E

Elementary Schools

6 schools
C+
William P. Sapelli Elementary School
0.5 mi | #578 of 824 | Score: 41.9
Dropped 266 spots from last year
-16.3 below state avg
290 students Moderate
Grades K-04
Perry Lane Pre-School
1.5 mi
Grades PK
Agawam Early Childhood Center
1.9 mi
135 students Moderate
Grades PK
B+
Benjamin J Phelps School
1.9 mi | #260 of 824 | Score: 52.1
Improved 167 spots from last year
-6.1 below state avg
304 students Moderate
Rising School
Grades K-04
B-
Clifford M Granger School
3.0 mi | #467 of 824 | Score: 45.6
Improved 13 spots from last year
-12.6 below state avg
361 students Moderate
Grades K-04
B-
James Clark School
3.3 mi | #455 of 824 | Score: 45.9
Dropped 62 spots from last year
-12.3 below state avg
297 students Moderate
Grades K-04
M

Middle Schools

2 schools
B-
Roberta G. Doering School
0.6 mi | #203 of 352 | Score: 40.5
Dropped 3 spots from last year
-17.7 below state avg
522 students Moderate
Grades 05-08
C+
Agawam Junior High School
3.0 mi | #221 of 352 | Score: 39.3
Improved 46 spots from last year
-18.9 below state avg
527 students Moderate
Rising School
Grades 07-08
H

High Schools

1 school
B
Agawam High School
1.5 mi | #159 of 346 | Score: 54.2
Improved 67 spots from last year
-4 below state avg
1,025 students Moderate
19 sports • 1,666 athletes
Rising School Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,380
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
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+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
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

21 Dwight, Agawam MA 01001

Agawam, MA 01001

Listing Information

Listing Agent Russell J. Sabadosa
Listing Office Premier Choice Realty
Office Phone 413-200-8642
Agent MLS ID M9500012
Office MLS ID M95398
Listing Data Updated Jul 9, 2026 3:29 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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