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46-48 Madison Ave., Pittsfield, MA 01201

Commercial property for sale

  • Description
  • Four family in good condition vinyl siding, replacement windows, newer furnaces and electric water heaters. The two car garage is currently rented for $100 a month. The potential rental income is $27,540 which includes the garage rental. Expenses for the property are $9,845 giving the property a NOI of $16,318 figuring a vacancy rate of 5%. The cash on cash return is 19.9% based on 20% down with a 25 year amortization schedule at 6.5%. The before tax IRR at a projected sale price cap rate of 11 could be 25.9%. Building price details: $149,000.
  • Property Details
  • Property Type: Multifamily
    Status: Available
    Price: $ 37,250 +/Unit
    Number of Stories: 2
    Year Built: 1900
    MSA: Pittsfield
    Zoning: Residential
    Buildings: 1
    Broadband Internet: Cable, DSL
    Construction: Wood Frame
    Terms: Cash to Seller
    Added: 01/18/2012
    Last Update: 01/04/2013
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 6
    Parking Type: Surface
  • Contact info
  • 413-637-2323 [Office]
  • Note

  • Details Info about this row that located on 46-48 Madison Ave., Pittsfield, MA 01201 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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