Agawam Homes with 5+ Family - 5+ Units Up/Down Subtype

Welcome to Agawam, Massachusetts—a charming city nestled in Hampden County that beautifully blends suburban tranquility with vibrant community spirit. Known for its friendly neighborhoods and rich history, Agawam offers an inviting atmosphere for families, young professionals, and retirees alike. With its convenient location just a stone's throw away from Springfield and the scenic Connecticut River, residents enjoy easy access to urban amenities while relishing the peacefulness of suburban life.

For those interested in investment opportunities, Agawam is home to a variety of multi-family residences, particularly properties with 5+ units. These homes, often designed in up/down configurations, provide excellent potential for both seasoned investors and first-time buyers looking to enter the rental market. The demand for rental properties in Agawam is robust, fueled by its proximity to major employers, schools, and recreational facilities.

Imagine owning a multi-family home where you can enjoy the benefits of passive income while contributing to the community. These properties not only offer a profitable investment avenue but also foster a sense of connection among tenants, creating a welcoming environment that reflects Agawam's community-oriented essence.

Whether you’re looking to expand your real estate portfolio or seeking a residence with rental potential, Agawam’s multi-family homes are an opportunity not to be missed. Experience the charm of this delightful city and discover the possibilities awaiting you in its thriving real estate market!

Newest Agawam Homes with 5+ Family - 5+ Units Up/Down Subtype

$1,875,000

16 Beds ⋅ 16 Baths ⋅ 73536156 MLS

Presenting an exceptional multi-family property located at 438 Springfield, Agawam, MA. Constructed in 1965, this expansive 7680 square foot, meticulously maintained for immediate occupancy. This property embodies a distinct opportunity for sophisticated living or strategic investment. This distinguished property encompasses 16 well-appointed bedrooms, each designed to provide comfort and privacy. Complementing these living quarters are 16 full bathrooms, ensuring ample facilities for all residents. Spanning 2.0 stories, this residence is situated on a generous 13,440 square foot lot. The property's condition is characterized by its welcoming atmosphere, offering a seamless transition for new occupants. Discover the potential and refined living offered by this meticulously maintained multi-family residence. Fully rented and new heat pumps in all units. Laundry brings appox $150/month. Offers due by 8/27/26

438 Springfield, Agawam

Listing courtesy of Listing Agent: Russell J. Sabadosa from Listing Office: Premier Choice Realty.

$2,490,000

22 Baths ⋅ 73534182 MLS

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. Offers due by 8/3/26.

21 Dwight, Agawam

Listing courtesy of Listing Agent: Russell J. Sabadosa from Listing Office: Premier Choice Realty.

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