$1,485,000

86 Lyman Road, Northampton, MA 01060

  • 8 beds |
  • 7 baths |
  • 6,541 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $227/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Exceptionally maintained 7-unit multi-family property located in the heart of Northampton. This income-producing gem boasts an excellent rental history with easy access to downtown Northampton, Smith College, the rail trail, train station, and major highways. Your tenants will enjoy close proximity to the vibrant downtown center's shopping, restaurants, and nightlife. Many recent updates include roof replacement, vinyl siding, exterior egresses and fire detection system plus whole house weatherization through Mass Save. 6 of the 7 gas furnaces have been updated within the last 8 years. The property features six 1-bedroom units and one 2-bedroom unit, off-street parking, separate utilities, and gas heat. Many units showcase hardwood flooring with updated kitchens and baths throughout. This well-positioned investment property offers both strong cash flow potential and the lifestyle amenities that keep tenants happy and lease renewals high. Pre-approved buyers only.

Listing Status:
Active
Date Added:
October 22, 2025 at 05:00AM
Listing Office:
The Murphys REALTORS, Inc. : 413-584-5700
Listing Agent:
Jeanne Troxell Munson : 413-773-1083
MLS ID:
73446439
  • General: Bathroom With Tub & ShowerOtherLiving RoomKitchen
  • Appliances: RangeRefrigerator
  • Basement: FullInterior EntryBulkheadDirt FloorUnfinished
  • Flooring: WoodVinylCarpetVariesHardwood
  • A/C: None
  • Heating: Forced AirNatural GasIndividual
  • Fireplace: Fireplaces: 0
  • Eco/Green Feature: PartialVaries per Unit
  • Parking: Off StreetUnpaved
  • Roofing: Shingle
  • Windows: Box/Bay/Bow Window(s)Insulated Windows
  • General: Frame5Stone
  • Road/Access: Public
  • Originating MLS: MLS Property Information Network
  • County: Hampshire
  • Zoning: URB3721982
  • Utilities: for Gas Rangefor Electric Rangefor Electric OvenVaries per UnitCircuit BreakersIndividually MeteredVaries per UnitOther (See Remarks)
  • Water: Public
  • Sewer: Public Sewer
  • Source: MLS Property Information Network

This listing courtesy of Jeanne Troxell Munson, The Murphys REALTORS, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bridge Street School

2 Parsons St, Northampton, MA, 01060

Grades PK-5

0.90 miles away

J

John F. Kennedy Middle School

100 Bridge Rd, Florence, MA, 01062

Grades 6-8

3.46 miles away

N

Northampton High School

380 Elm St, Northampton, MA, 01060

Grades 9-12

1.52 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.