Lee, MA 01238
5 beds | 3 baths | 4043 sqft
New roof August 2018 and most of the windows are vinyl replacement windows. Three family building with the potential rental income of $32,100, expenses are an estimated $12,062 per year giving you an NOI of $18,433 which includes a 5% vacancy factor. At current list price cap rate is 10.5% and the cash on cash return is an estimated 20.4%. Tenants pay their own heat and electric while the landlord pays for hot water for all units in which water heater is relatively new.
Listing Office: CENTURY 21 HOMETOWN ASSOCIATES (LENOX)
Listing Agent: Michael Sorrentino
Last Updated: July - 12 - 2019
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Tuesday 23rd of July 2019 07:19 AM