Detailed information about multi-family property which situated in Pittsfield (1201) city, Massachusetts state on 46-48 Madison Ave..
Additional Information: 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%.
Property Address: 46-48 Madison Ave., Pittsfield MA 1201
Cost: $149,000NOTE: 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 46-48 Madison Ave., Pittsfield, MA 1201 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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