Residential at 0 Olive Ave, Holyoke MA 01040
1 photo

$139,900

0 Olive Ave, Holyoke MA 01040
Holyoke, MA 01040
Listed by Maitty Del Hoyo
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

INVESTOR ALERT – 7-UNIT MULTIFAMILY DEVELOPMENT OPPORTUNITY | HOLYOKE, MA. Rare opportunity for developers and investors to acquire a residential development lot at 0 Olive Avenue, Holyoke, MA. The City of Holyoke Building Department’s zoning verification letter confirms that multifamily housing is a permitted use by right in the current Residential Office (RO) zoning district and indicates that a seven-unit multifamily development may be possible, subject to applicable dimensional regulations and requirements. The approximately 5,663-square-foot parcel offers an opportunity to explore a new multifamily project in an established Holyoke location. The city’s letter outlines applicable setback, building height, lot coverage, and lot-of-record requirements. Buyers are encouraged to review the attached zoning verification letter and public records, conduct their own due diligence, and confirm all applicable requirements with the City of Holyoke before proceeding. An opportunity for builders, investors, and developers looking to maximize the potential of a residential development site. Bring your vision and explore the possibilities!

Property details

MLS
MLS Property Information Network
MLS #
73594376
Property type
Residential
Subdivision
N/A
Status
Active
Days on market
2
On market date
October 22, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.13 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
H.B. Lawrence School
0.82 mi away · Grades -1-3
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
186
Student:teacher ratio
10.3:1
District
Holyoke
Middle
Veritas Prep Holyoke
0.92 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
417
Student:teacher ratio
8.9:1
District
Holyoke
High
Holyoke High
0.77 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,508
Student:teacher ratio
11.4:1
District
Holyoke

Walkability

Blended score for Holyoke's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

87
Highly walkable
out of 100
EPA National Walkability Index
15.7 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores14
Parks20
Schools14
Transit stops20
Pharmacies9

Market position

How this listing compares to current activity in Holyoke, from live MLS data.

On the market 2 days -- 173 fewer days than Holyoke's current average of 175 days.
For reference, the median list price across 221 active listings in Holyoke right now is $270,000.

Mortgage calculator

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Est. monthly payment
$992/mo
$27,980 down
$111,920 loan
Principal & interest$726
Property tax (est.)$117
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.