48 Gray St, Amherst, MA 01002

Renovated 3-family in a prime Amherst location near both UMass and Amherst College, ideal for owner-occupants or investors seeking strong rental demand. This 5 bed, 3.5 bath property offers 2,934 sq ft across a flexible layout. The spacious first-floor unit features 3 bedrooms, 1.5 baths, a modern kitchen, bright living spaces, and convenient access to the common laundry room. The second floor includes two updated 1 bed, 1 bath units with remodeled kitchens and baths, excellent natural light, and efficient layouts. Beautifully improved throughout with new flooring, contemporary fixtures, and crisp finishes. Sitting on a generous double lot, the property provides ample outdoor space and a classic exterior with stunning covered porches. Separately metered electricity with owner’s panel and hardwired smokes add operating ease. With proximity to downtown Amherst, campus amenities, public transit, and major commuter routes, this turnkey multi-family offers exceptional versatility and value.