43 West Center St., Lee, MA
Multi-family for Sale - $139,000 - 2,140 Sq. Ft. on 0.09 acres

Property Info
| CIMLS# | 136070 |
| Location 43 West Center St. Lee MA 01238 | |
| Updated | January 24th, 2013 |
| Type | Multi-family |
| Price | $139,000 |
| Building | 2,140 Sq. Ft. |
| Land | 0.09 acres |
Property Description
Four family in average condition with a very good rental history priced below town assessed value of $176,700. Building is located within a short walk to stores and is on the public bus line. The building has a coin-op laundry in the basement for added income. The current Potential Rental Income is $24,900, expenses are $10,434. Figuring in a 5% vacancy factor the current NOI is $13,702 which represents about a 9.8% cap rate at list price and a 18.8% cash on cash return based on 20% down plus closing costs.
