Detailed information about multi-family property which situated in Adams (1220) city, Massachusetts state on 106 Howland Ave..
Additional Information: 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%.
Property Address: 106 Howland Ave., Adams MA 1220
Cost: $349,000NOTE: Please contact with Michael A. Sorrentino if you want to get more accurate details about pricing and availability of multi-family property For sale.
multi-family property details
All information about multi-family property For sale that located on 106 Howland Ave., Adams, MA 1220 was obtained from reliable sources, but we cannot guarantee that all data about pricing, details of the building and property was completed without error or has not been changed without notice or withdrawal without notice. If you want to get complete and actual information, please contact with agents.
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