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1290 Cape St., Lee, MA 01238

Commercial property for sale

  • Description
  • Unique ten unit apartment complex consisting of eight buildings listed at a 10.4 % cap rate with the potential of a 19.6% Cash on Cash return. The one apartment that is in building one is a two bedroom in good condition with a new bath. In building two there are three apartments. The two on the first floor are one bedroom units and the one on the second floor is a large two bedroom unit. The six cottages are all one bedroom units all of them have been updated except cottage number one. All of the buildings have newer roofs except cottage number one. The septic system for the whole complex is new within the last ten years new ejector pump 2012. The well pump for the complex was replaced in 2011. Building price details: $399,000.
  • Property Details
  • Property Type: Multifamily
    Status: Available
    Price: $ 39,900 +/Unit
    Number of Stories: 2
    Year Built: 1900
    MSA: Pittsfield
    Zoning: Residential
    Buildings: 8
    Broadband Internet: Cable
    Construction: Vinyl Siding, Wood Frame, Wood Siding
    Terms: Cash to Seller
    Added: 08/08/2012
    Last Update: 01/04/2013
  • Exterior Features
  • Parking Type: Surface
  • Contact info
  • 413-637-2323 [Office]
  • Note

  • Details Info about this row that located on 1290 Cape St., Lee, MA 01238 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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