, Adams, MA 01220 (MLS# 242473)

$399,900
Adams, MA 01220
MLS# 242473
10 beds  |  5 baths  |  3780 sqft
Adams, MA 01220
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Adams, MA 01220 Adams, MA 01220 Adams, MA 01220 Adams, MA 01220 Adams, MA 01220 Adams, MA 01220 Adams, MA 01220 Adams, MA 01220 Adams, MA 01220 Adams, MA 01220 Adams, MA 01220 Adams, MA 01220 Adams, MA 01220 Adams, MA 01220 Adams, MA 01220 Adams, MA 01220 Adams, MA 01220

Property Description
Welcome to an exceptional investment opportunity! Presenting a lucrative 5-family property boasting a stellar 10% + capitalization rate. This fully de-leaded investment promises both financial prosperity and minimal landlord responsibilities with its separate utilities. Nestled in the heart of Adams, this property enjoys the charm of a quaint New England town while being conveniently situated near local amenities, schools, and parks. This is a great opportunity to own a five-family investment property that combines a strong cap rate with ease of management. Secure your foothold in the Adams real estate market and unlock the potential for long-term financial success. Schedule a viewing today to explore this investment prospect firsthand!

Details
Documents
Contract Information
Current Price: $399,900
Status: Active
List Date: 2024-02-03
List Price: $399,900
Original List Price: 409900
Limited Service: No
Agent Interest: None
BAC: 2.5
BAC Type: %
NAC: 2.5
NAC Type: %
Location, Tax & Legal
Registry: North Registry
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
Assess Amt: 169100
Assessed Year: 2023
Taxes: 2964.26
Tax Year: 2024
Page: 629
Map Ref: 119-0277-00
General Property Description
Realtor.COM Type: Multi-Family
Sq Ft Liv Apx: 3780
Sq Ft Source: Assessor
Total Rooms: 20
Total Bedrooms: 10
Total Full Baths: 5
Total Bathrooms: 5
Parking Spaces Type: On-Street
Unit Style: Other
Year Built Apx: 1880
Year Built Source: Assessor
Yr Blt Description: Approximate
Lot Size Dimensions: 51.48 x 163.68
Acres Apx: 0.19
Lot Size SqFt: 8276
Frontage Apx: 51.48
Status Change Info
Status Change Date: 2024-03-13
Fallthrough Date: 2024-03-13
Remarks & Misc
Directions: From the South: Take Route 8 North into Adams. Turn LEFT after Cumberland Farms onto Prospect St. The Property is on your left. From the North: Take Route 8 South through Adams. Turn RIGHT before Cumberland Farms onto Prospect St. The Property is on your Left.
Marketing/Headline: Multi-Family with Impressive Financials.
Building Info
Exterior Color: Tan
Heating Sys #
Heating Sys #: 5
Hot Wtr Sys #
Hot Wtr Sys#: 3
Electric Meters #
Electric Meters #: 6
Property Features
No of Units: 5 Family
Restrict Covenants: No
Title V: Not Applicable
Underground Oil Tank: Unk
Water: Public
Sewer: Public
Right to Farm Comm: Yes
Flood Hazard Area: Unk
Right of Way: No
Incl in Rent: None
Water Features: River View
Electric Type: 200 Amp; Circuit Breaker; Individual Meter
Style: Other
Internet Service: Cable Available
Exterior Amenities: Porch; Public Transportation within 1/2 Mile
Construction: Wood Frame
Condition: Other
Exterior Siding: Vinyl
Roof: Asphalt; Fiberglass
Basement: Dirt Floor; Interior Access
Floor: Wood; Laminate
Garage: None
Heat/Cool/Vent: Furnace; Hot Water
Fuel: Nat Gas
Hot Water: Nat Gas
Lead Paint: Delead Cert
Zoning: Residential
Seller Disc: No
Mandatory HOA: No
HOA Fee Includes: None
Possession: Close Of Escrow

Listing Office: BISHOP WEST REAL ESTATE

Listing Agent: Corey Bishop

Last Updated: April - 16 - 2024

Information from the Berkshire County Board of Realtors, Inc. or it's Multiple Listing Service. Site contains live data. Information herein believed to be accurate, but not warranted. All right, title and interest in the exclusively listed property information represented on this website was created, maintained and copyrighted by the Berkshire County Board of Realtors® and in copyrights therein, hall at all times remain vested in the Berkshire County Board of Realtors®. As a Participant of theBerkshire County Multiple Listing Service, this company was granted a lease to use this information in accordance with all rules and regulations of the Service. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Monday 29th of April 2024 06:24 PM