A MUST SEE! Endless possibilities await with this versatile multi-family property in Holyoke! The first-floor unit offers three bedrooms and is currently rented for $1,950 per month, providing immediate rental income. The second and third floors will be delivered completely vacant at closing, offering five additional bedrooms, an office, kitchens on both levels, and a bathroom on each floor. Updated kitchens throughout add to the appeal, while washer and dryer hookups on every floor provide added convenience. The partially finished basement features an additional bathroom, offering extra flexibility. Additional highlights include a one-car garage, a roof approximately 5 years old (APO), and a chimney redone in 2025 (APO). Conveniently located near major highways and South Street Plaza, with easy access to shopping, groceries, and everyday essentials. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking flexible living arrangements, this property offers space and opportunity! OPEN HOUSE 10/31 1PM-2PM. Easy to view/show!
Elmwood, located between Downtown Holyoke and the Highlands, is a residential and civic Holyoke neighborhood with a grid of side streets and a strong park-and-school presence. The neighborhood’s character concentrates around the Elm Street corridor near Holyoke High School, where brick institutional buildings and everyday storefronts set a steady, lived-in rhythm. Holyoke High School stands as a major landmark, with nearby playing fields and sidewalks shaping daily routines. Housing reads as classic New England: compact lots, porches, and a mix of older multifamily and single-family homes. Tree-lined blocks lead toward larger city destinations like the Holyoke Mall area and the Connecticut River corridor. The feel is practical and walkable, with public spaces doing much of the social work.
Provided by Walk Score and Local Logic
Offer insights
20-22 Gates St · $450,000
$464K and above
75% chance or better to win
Why $464K+ is a strong offer
DAYS ON MARKET
12 days
The average home goes pending in 24 days.
SALE-TO-LIST
99.7%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Full, partially finished basement
Floored walk-up attic
Storage
Open floor plan
Remodeled
Bathrooms
4 full bathrooms
Kitchen
Range
Refrigerator
Laundry & utility
Washer hookup
Gas or electric dryer hookup
Flooring
Wood, tile, and vinyl flooring
Exterior features
Porch
Rain gutters
Home design
Three stories
Parking
One-car garage
Four open parking spaces
Paved off-street parking
Construction
Stone and brick/mortar foundation
Shingle roof
Utilities
Public water
Public sewer
110-volt electric service
HOA & community
Near public transportation, shopping, medical facilities, highway access, and public school
Electricity and solar
View estimated energy costs and solar savings for this home
Hud properties sold in "as is" cond. Property accessed with Hud key. Hud has right to accept or reject any bid. All bids must be made via internet.
MLS PIN #30453158
Aug 21, 2001
Sold
$44,211
$11/sq ft
Oct 13, 2000
Listed
$50,000
$13/sq ft
HUD PROPERTIES SUBJECT TO PRIOR SALE, WTHDWL OR CANCELLATION &SOLD AS IS. HUDS RIGHT TO ACCEPT OR REJECT ANY BIDS.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Hampden County
APN
2532322
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jul 30, 2025.
DR
Downtown Residential District
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
2/10 Fire Factor
0.00% chance of being 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
62
42
51
33
36
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
79/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in Holyoke. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 20-22 Gates St
$449,017
$983 under list price of $450K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $340K to $460K.