502 Main St

2,164 Sq. Ft.
$266 / Sq. Ft.
2,164
Sq. Ft.
$266
per Sq. Ft.

Description

Discover an extraordinary opportunity to own a large versatile multi-family property with a Victorian-style wrap-around porch in the heart of Amherst! This rare gem is zoned for residential use and falls within the Commercial Business Neighborhood District, offering endless possibilities for both living and business ventures (buyer to verify all uses). Nestled near UMass, Amherst College, and vibrant downtown Amherst, the location is unbeatable a few steps to PVTA stops, shopping, and dining. Boasting...Discover an extraordinary opportunity to own a large versatile multi-family property with a Victorian-style wrap-around porch in the heart of Amherst! This rare gem is zoned for residential use and falls within the Commercial Business Neighborhood District, offering endless possibilities for both living and business ventures (buyer to verify all uses). Nestled near UMass, Amherst College, and vibrant downtown Amherst, the location is unbeatable a few steps to PVTA stops, shopping, and dining. Boasting a rich rental history, this two-family Victorian home is perfect for investors or those looking for a unique owner-occupy option. With a landscaped yard, and abundant off-street parking, you’ll be investing in long-term value. Step inside and be charmed by its stained glass windows, inviting wrap-around porch, and character-filled features like fir and oak floors, a fabulous pantry, and cozy alcoves. Close to iconic spots like the Emily Dickinson Homestead. Excellent rental history.
  1. Listed by Samar Moushabeck • William Raveis R.E. & Home Services

Property Details for 502 Main Street

Town
Amherst
Area
MA-Amherst
Garage Spaces
1
Open Parking Spaces
6.00
Parking Spaces Total
6
LISTING CLOSED: 12/09/2024 12:00 AM

Property Details for 502 Main Street

StatusSold
MLS #73296900
Days on Market20
Taxes$8,827 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1900
CountyHampshire County

Location

Listing Courtesy of William Raveis R.E. & Home Services, Samar Moushabeck

Sold By 5 College REALTORS®, Justine Rosewarne

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Building Information for 502 Main Street

Stories3Residences2Year Built1900Building Size-Lot Size0.41 AC / 17,700 SF

Payment Calculator

$3,658 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,923

Property Taxes

$736

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 502 Main Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, House of Worship, Public School
  • Current Financing: Conv. Fixed
  • Living Area: 2164.0
  • Color: Light Blue
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: Wildwood Elm.
  • High School: Amherst Hs
  • Middle School: Amherst Ms
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceFeatures: Wood Burning, Electric
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Hardwood, Carpet
  • Interior Features: Pantry, Bathroom with Shower Stall, Bathroom With Tub, Heated Attic, Living Room, Kitchen, Family Room, Mudroom, Loft
  • SpaYN: No
  • Window Features: Stained Glass Window(s)
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Exterior Features: Porch, Deck
  • Lot Description: Corner Lot
  • Patio And Porch Features: Porch, Deck
  • Roof Material: Slate
Parking Features
  • Covered Spaces: 1.00
  • Garage: Yes
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: 110 Volts, Circuit Breakers
  • Heating: Electric, Steam, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Disclosures: Partially rented first floor. 2nd floor fully rented. Tenants are on month-to-month leases. Each unit has its own electric meter. Gas heats the building with one boiler. Sq.ft does not include finished attic. Rental Property Registration has 7 bedrooms. Property card reflects 4.
Tax Information
  • Tax ID: M:0014B B:0000 L:0130,3009750
  • Assessments: $476,900
  • Book: 4945
  • Tax Year: 2024
  • Zoning: B-N
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 1
  • Heat Zones: 2
Income / Expenses
  • Electricity: $.00
  • Annual Expenses Source: Owner
  • GOI: $52,800.00
  • Insurance: $4,102.00
  • GRE: $11,673
  • HTE: $5,200
  • MGF: $0
  • RFS: $275
  • RME: $800
  • NOI: $41,127.00
  • Operating Expense: $11,673.00
  • WSE: $1,296.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $4,400.00

Property History for 502 Main Street

DateEvent & SourcePriceAppreciation
Dec 9, 2024

Sold

MLS PIN #73296900

$575,000
Oct 21, 2024

Under Agreement

MLS PIN #73296900

Oct 7, 2024

Contingent

MLS PIN #73296900

DateEvent & SourcePrice
12/09/2024

Sold

MLS PIN #73296900

$575,000
10/21/2024

Under Agreement

MLS PIN #73296900

10/07/2024

Contingent

MLS PIN #73296900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 502 Main Street

Taxable ValueLand$186,200Additions$333,900Total$520,100
Tax Record2025$9,336 ($778 / month)
Home Facts
Baths2Total Finished SqFt2,164 SqFtAbove Grade Finished SqFt2,164 SqFtStories2Lot Size17,700 SqFtStyleDuplexYear Built1900CountyHAMPSHIREAPNAMHE M:0014B B:0000 L:0130

Schools near 502 Main Street

This home is within Amherst-Pelham School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Fort River Elementary School
PublicK to 6

Amherst Regional Middle School
Public7 to 8

Amherst Regional High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
$525,000
5
1,833
14,430
$2,150,000
12
6,400
14,300
2
1,980
14,578
$180,000
4
2,400
43,560
$500,000
4
8,503

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of William Raveis R.E. & Home Services, Samar Moushabeck

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.