84-90 Summer St, Adams, MA 01220 (MLS# 242013)

$649,000
84-90 Summer St
Adams, MA 01220
MLS# 242013
Status: Closed
11 beds  |  10 baths  |  12070 sqft
Front
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Front 84-90 Summer St, Adams, MA 01220 84-90 Summer St, Adams, MA 01220 84-90 Summer St, Adams, MA 01220 84-90 Summer St, Adams, MA 01220 84-90 Summer St, Adams, MA 01220 84-90 Summer St, Adams, MA 01220 84-90 Summer St, Adams, MA 01220 84-90 Summer St, Adams, MA 01220 84-90 Summer St, Adams, MA 01220 84-90 Summer St, Adams, MA 01220 84-90 Summer St, Adams, MA 01220

Property Description
Investment Opportunity with great cash flow and an 8% cap rate. Two mixed-use commercial/residential buildings being sold together. One building includes 1 storefront and 2 apartments. The other has 2 storefronts and 7 apartments. Updates include complete renovation of 2 apartments and a commercial space, roof replacement and renovation of interior hallways. Property also includes blacktopped parking, fire protection monitoring system, hardwired security system.

Details
Maps
Documents
Contract Information
Current Price: $600,000
Status: Closed
List Date: 2023-11-14
List Price: $649,000
Original List Price: 649000
Limited Service: No
Agent Interest: None
BAC: 2.25
BAC Type: %
NAC: 1.5
NAC Type: %
Location, Tax & Legal
Registry: North Registry
Street #: 84-90
Street Name: Summer
Street Ext: St
State/Province: MA
Postal Code: 01220
Elem School: Hoosac Valley Elementary
Middle School: Hoosac Valley Middle & High School
High School: Hoosac Valley Middle & High School
Taxes: 6565
Tax Year: 2022
Concessions: None
General Property Description
Realtor.COM Type: Multi-Family
Sq Ft Liv Apx: 12070
Sq Ft Source: Assessor
Total Rooms: 35
Total Bedrooms: 11
Total Full Baths: 9
Total Half Baths: 1
Total Bathrooms: 10
Parking Spaces Type: Off Street
Unit Style: Other
Year Built Apx: 1910
Year Built Source: Assessor
Lot Size Dimensions: 9,583
Acres Apx: 0.22
Lot Size SqFt: 9583
Status Change Info
Status Change Date: 2024-03-09
Under Contract Date: 2024-01-24
Contingent: Yes
Contingent Remarks: Inspection/Financing
Sold Date: 2024-03-08
Sold Price: 600000
Remarks & Misc
Directions: Heading North on Rt 8, right on Center St, Left on Summer. Heading South on Columbia St, left on Hoosac St, right on Summer St.
Marketing/Headline: Investment Opportunity!
Building Info
Exterior Color: Tan/Red/Green
Heating Sys #
Heating Sys #: 12
Hot Wtr Sys #
Hot Wtr Sys#: 12
Electric Meters #
Electric Meters #: 12
Property Features
No of Units: 9 or More
Restrict Covenants: Unk
Title V: Not Applicable
Underground Oil Tank: Unk
Water: Public
Sewer: Public
Right to Farm Comm: Yes
Flood Hazard Area: Unk
Right of Way: Unk
Electric Type: 100 Amp; Circuit Breaker; Individual Meter
Style: Colonial
Construction: Wood Frame
Exterior Siding: Vinyl; Wood
Roof: Asphalt; Fiberglass; Membrane; Other
Basement: Full; Unfinished; Walkout
Floor: Carpet; Laminate
Garage: None
Heat/Cool/Vent: Electric; Forced Air
Fuel: Electric; Nat Gas
Hot Water: Nat Gas
Lead Paint: Unk
Zoning: Business
Financing: Conventional
Possession: Close Of Escrow

Listing Office: MACCARO REAL ESTATE

Listing Agent: Matt Carlino

Last Updated: March - 09 - 2024

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Sunday 28th of April 2024 09:42 AM