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106 Howland Ave., Adams, MA 01220

Commercial property for sale

  • Description
  • Fourteen unit apartment building with all one bedroom units. All tenants pay their own utilities. The Main roof was replaced in 06 and there is all new replacement windows. The back yard parking area gives the tenants plenty of off street parking. All apartments are in average to good condition. There is a coin-op laundry in the basement which produces about $600 in income a year. The potential rental income is $62,460, expenses are an estimated $16,551 per year giving you an NOI of $43,032 which includes a 5% vacancy factor. At current list price cap rate is 12.2 and the cash on cash return is an estimated 26.6%. Building price details: $349,000.
  • Property Details
  • Property Type: Multifamily
    Use Types: Low-Rise/Garden
    Status: Available
    Price: $ 24,929 +/Unit
    MSA: Pittsfield
    Zoning: Multi
    Buildings: 1
    Terms: Cash to Seller
    Added: 01/18/2012
  • Contact info
  • 413-637-8006 [Office]
  • Note

  • Details Info about this row that located on 106 Howland Ave., Adams, MA 01220 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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