161 Lincoln St Holyoke — Photo 1 of 26
$119,000
Investment Analysis — 161 Lincoln St
Holyoke, MA 01040
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 5-bedroom in 01040 carries an estimated $2,280/mo in gross rent — about a 15.31% cap rate and $18,214/yr in estimated NOI at the $119,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
1.5
SqFt
2,491
Style
Single Family
Built
1880
Opportunity awaits at 161 Lincoln St, Holyoke! This property offers a chance for investors, contractors, or buyers seeking a renovation project. **The house has fire damage and will require significant repairs and rehabilitation.** Bring your vision and explore the potential this property may offer. Conveniently located near local amenities, shopping, schools, and major roadways. Property is being sold as-is, where-is. Buyers are encouraged to conduct their own due diligence and inspections regarding condition, repairs, permits, and redevelopment possibilities.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,491 sq ft principal dwelling). Lot size: 11,252 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: Adam Devine
Listing Office: Dorrance Realty LLC
MLS® Number: 73579521
