10-12 Cherry St., Pittsfield, MA 01201
Commercial property for sale
10-12 Cherry St., Pittsfield, MA 01201
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- Description
- Four family in good condition with all four units paying their own utilities. New furnaces, roof, and liner for chimney in 2004. The current Potential Rental Income is $23,280, with current estimated expenses of $7,028 represents an estimated NOI of $15,088 which includes a 5% vacancy factor. The list price cap rate is 10.8% with 18.8% cash on cash return assuming 20% down with a 20 year amortization schedule at 5.25%. Building price details: $139,000.
- Property Details
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Property Type: Multifamily Use Types: Duplex/Fourplex Status: Available Price: $ 34,750 +/Unit Number of Stories: 2 Year Built: 1920 MSA: Pittsfield Zoning: RESIDENTIAL Buildings: 1 Broadband Internet: Cable Construction: Vinyl Siding Terms: Cash to Seller Added: 05/27/2013 Last Update: 05/27/2013 - Contact info
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Michael A. Sorrentino: 413-637-8006 [Office] CENTURY 21 Franklin Street Associates, Inc.
- Note
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