Looking to enter the real estate investment market or expand your existing portfolio? This three-family property located at 2 Meadow Street in Holyoke, Massachusetts, presents an opportunity to invest in a multi-family property in a residential neighborhood on a dead-end street.The property features three separate residential units, offering investors the potential to generate rental income from multiple units under one roof. Whether you’re purchasing your first investment property or adding another asset to your portfolio, this property is worth exploring.Property Highlights:Three-family residential propertyThree separate residential unitsFirst-floor and third-floor units occupiedSecond-floor unit is VACANTLocated on a dead-end streetOpportunity to build long-term wealth through real estate ownershipPotential rental income from multiple unitsPerfect for:First-time real estate investors looking to get startedExperienced investors looking to expand their portfoliosBuyers seeking a multi-family investment opportunityTake the next step toward building your real estate portfolio with this three-family property in Holyoke, Massachusetts.
Springdale, located between Downtown Holyoke and the Mount Tom Reservation, is a residential and industrial Holyoke neighborhood with brick mill edges and tree-lined side streets. The neighborhood’s character concentrates around the Route 5 corridor near the Holyoke Mall at Ingleside, where big-box retail, diners, and steady traffic set a practical, on-the-go tone. Community pillars include the Volleyball Hall of Fame downtown, the Holyoke Heritage State Park canal walks, and the Wistariahurst Museum’s cultural programming. Housing reads as classic New England: compact multifamily blocks mixed with single-family streets and older commercial strips. The Connecticut River and canal system shape the geography, with long views and working-waterfront history. Daily life orbits around errands, riverfront paths, and quick drives to trailheads on Mount Tom.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Bathrooms
3 full bathrooms
Flooring
Pine flooring
Exterior features
Porch
Public road frontage on a dead-end street
Home design
Three-family home
Three stories
Parking
2 off-street parking spaces
Construction
To be built
Stone construction
Brick and mortar foundation
Shingle roof
Utilities
Public water
Public sewer
HOA & community
Near public transportation, a park, walking and jogging trails, highway access, a house of worship, and a public school
Electricity and solar
View estimated energy costs and solar savings for this home
The downtown residential district has been established to encourage infill and redevelopment that is in keeping with the existing neighboring buildings and structures; to permit a flexible approach to redevelopment of larger parcels; to promote a mix of residential and smaller-scale commercial uses in the same building or neighborhood; and to increase property values in downtown residential neighborhoods.
Permitted uses
Include but are not limited to:
Bank
Day care facility
General retail
Restaurant
Rehabilitation center
Housing-Single unit
Housing-Multiple units
Office
Medical office
Public service
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 98° expected this year, 16 days in 30 years
4/10 Wind Factor
21% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Holyoke, MA • 01040
Average low and high temperatures (°F)
31
16
33
17
50
30
61
40
69
49
80
59
84
64
80
57
75
53
64
43
51
33
36
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
74/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.9 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2 Meadow St
$368,708
$1,192 under list price of $370K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $340K to $417K.