INNOVATE
Real Estate
No photos available for this listing

$2,550,000

21 Dwight, Agawam MA 01001
Agawam, MA 01001
Listed by Russell J. Sabadosa
Bedrooms
0
Bathrooms
22
Living area
6,696 sqft
Year built
1965

About this home

22-unit studio apartment building with strong cash flow and value-add potential. T-12 through May 2026 reflects approximately $189,000 NOI. Property features numerous upgrades, including plank flooring, LED lighting, composite decking, and four sets of coin-operated laundry equipment generating additional income. Opportunity exists to further increase revenue through operational improvements, potential heat pump installation, and possible expansion of basement space (subject to buyer verification, permits, and approvals).Property appraised at approximately $2.5M in 2023 prior to subsequent improvements and rent growth initiatives. Located in a desirable rental market with limited multifamily inventory. Seller financing, hard money, sale-leaseback, and other creative structures may be considered.

Property details

MLS #
73534182
Property type
5+ Family - 5+ Units Up/Down
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
2
Garage spaces
N/A
Lot size
0.68 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Memorial
0.44 mi away · Grades 1-5
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
209
Student:teacher ratio
10.5:1
District
West Springfield
Middle
Roberta G. Doering School
0.55 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
521
Student:teacher ratio
11.1:1
District
Agawam
HighCharter
Hampden Charter School of Science West
1.36 mi away · Grades 6-12
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
368
Student:teacher ratio
11.9:1
District
Hampden Charter School of Science West (District)

Mortgage calculator

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Est. monthly payment
$15,506/mo
$510,000 down
$2,040,000 loan
Principal & interest$13,231
Property tax (est.)$2,125
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 19, 2026.

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.