LIMITED TIME OFFER: Available for immediate demolition and brand new modular construction of 6 unit multi-family guesthouse. Special Permit secured for R-3 build with latest standard fire-proofing. Secured a Wetlands permit to verify No Flood Zone. Pre-fabricated construc...
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Last Checked: May 7th, 2024 at 2:41am (Source: MLS PIN #73080434)
Gross Income: $144,000
Gross Expenses: $1,380
Net Income Calc: $142,620
CAP Rate: 396.17%
Annual Expenses for 246 Houghton St, North Adams MA 01247
Total Gross Expenses (Calculated)$1,380/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$1,380
Annual Income & Unit Breakdown for 246 Houghton St, North Adams MA 01247
Total Gross Income (Calculated)$144,000
Unit 1
Rental Income$3,000
LeaseN
Bedrooms2
Bathrooms2 Full, 1 Half
Floor1
Levels in Unit1
HeatingYes
Rent IncludesHot Water, Electric, Gas, Water, Unit 1(heat, Unit 2(heat, Other (see Remarks))
Unit 2
Rental Income$3,000
LeaseN
Bedrooms2
Bathrooms2 Full, 1 Half
Floor1
Levels in Unit1
HeatingYes
Rent IncludesHot Water, Electric, Gas, Water, Unit 1(heat, Unit 2(heat, Other (see Remarks))
Unit 3
Rental Income$3,000
LeaseN
Bedrooms2
Bathrooms2 Full, 1 Half
Floor2
Levels in Unit1
HeatingYes
Rent IncludesHot Water, Electric, Gas, Water, Unit 1(heat, Unit 2(heat, Other (see Remarks))
Unit 4
Rental Income$3,000
Lease
Bedrooms2
Bathrooms2 Full, 1 Half
Floor2
Levels in Unit1
HeatingYes
Rent IncludesHot Water, Electric, Gas, Water, Unit 1(heat, Unit 2(heat, Other (see Remarks))
General Information for 246 Houghton St, North Adams MA 01247
Listing ID73080434
Property TypeMulti Family
Price$36,000 ($8.28/SqFt)
Style5+ Family - Rooming House
CityNorth Adams
CountyBerkshire
MLS Area
Neighborhood(s)
Approximate Living Area Total4,350 SqFt
Approximate Lot Size (Acres)0.19 acres
Total Parking6
Garage Parking
Year Built1870
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual,To Be Built
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsModular
Lot FeaturesGentle Sloping, Corner Lot
Foundation Area
Foundation DescriptionSlab
Accessible Features
Outdoor Space
ZoningR-3
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesSolar
Terms
Disclosures for 246 Houghton St, North Adams MA 01247
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosurePlease note that this is a project that is not bui
Building Area SourceOwner
Title 5
Exclusions
Disclosures
Financial Data SourceEstimated, Owner, Pro. Forma Available, Projected
Total Gross Expenses By Broker$57,800
Total Gross Income By Broker$216,000
Total Net Income By Broker$158,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation10%%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 246 Houghton St, North Adams MA 01247
Real Estate Taxes$1,380
Tax Year2022
Assessed Value$79,200
Financial Data SourceEstimated, Owner, Pro. Forma Available, Projected
Total Gross Expenses By Broker$57,800
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$216,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$158,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)396.17%
Location Information for 246 Houghton St, North Adams MA 01247
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, Shopping, Park, Bike Path, University, Other, Sidewalks
Contact Information for 246 Houghton St, North Adams MA 01247