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Expired

427-429 W Main St, North Adams MA 01247

$198,000

Estimated $500.31/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $66,000

Total Rent: 13800/year

Estimated CAP Rate: 5.88%

8 Bedrooms

3 Full, 1 Half Baths

2,209 SqFt

Total Parking: 2

9,570 SqFt

OPPORTUNITY KNOCKS!! 3 Family in the Berskhires region of Western Mass, known for its many outdoor adventures and home to several performance centers including Tanglewood which is the summer home of the Boston Symphony Orchestra. This property can be rented for Airbnb or year round and generate great income. 2 families can be used as 3 bedrooms, 1 bathroom each, are currently rented month to month with rent under market. The third unit needs to be tear down and build again, where new owner has the opportunity to build a cozy home and rent out also as Airbnb or year round.

This home has been viewed 28 times

Last Checked: May 7th, 2024 at 12:56am (Source: MLS PIN #73060839)

Gross Income: $13,800

Gross Expenses: $2,151

Net Income Calc: $11,649

CAP Rate: 5.88%

Annual Expenses for 427-429 W Main St, North Adams MA 01247

Total Gross Expenses (Calculated)$2,151/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$2,151

Annual Income & Unit Breakdown for 427-429 W Main St, North Adams MA 01247

Total Gross Income (Calculated)$13,800

Unit 1

Rental Income$650

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 427-429 W Main St, North Adams MA 01247

Listing ID73060839

Property TypeMulti Family / 3 Family

Price$198,000 ($89.63/SqFt)

Style3 Family

CityNorth Adams

CountyBerkshire

MLS Area

Neighborhood(s)

Approximate Living Area Total2,209 SqFt

Approximate Lot Size (Acres)0.22 acres

Total Parking2

Garage Parking

Year Built1880

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesOther

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

Zoning-

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 427-429 W Main St, North Adams MA 01247

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$7,800

Total Net Income By Broker$7,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 427-429 W Main St, North Adams MA 01247

Real Estate Taxes$2,151

Tax Year2022

Assessed Value$116,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$7,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$7,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.88%

Location Information for 427-429 W Main St, North Adams MA 01247

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 427-429 W Main St, North Adams MA 01247

Agent

Name: Viviane Ortis

Office

Name: RE/MAX American Dream

Phone: 781-281-2192

Payment Calculator

, Interest

Property Taxes 179.25

Principal & Interest 1220.01

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX American Dream

Viviane Ortis

Agent Phone

Office Phone

(781) 281-2192

Text Agent Call Agent Call Office

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EXIT

Expired

427-429 W Main St, North Adams MA 01247

$198,000

Annual Expenses for 427-429 W Main St, North Adams MA 01247

Annual Income & Unit Breakdown for 427-429 W Main St, North Adams MA 01247

General Information for 427-429 W Main St, North Adams MA 01247

Disclosures for 427-429 W Main St, North Adams MA 01247

Financial Information for 427-429 W Main St, North Adams MA 01247

Location Information for 427-429 W Main St, North Adams MA 01247

Contact Information for 427-429 W Main St, North Adams MA 01247

Agent

Office

Payment Calculator

Exclusive Listing Agent

RE/MAX American Dream

Viviane Ortis