Property Listing No Longer Available for Sale

4 Housatonic St., Lenox, MA

Multi-family for Sale - $525,000 - 7,813 Sq. Ft. on 0.1 acres


Property Info

CIMLS#1051107
Location
  4 Housatonic St.
  Lenox MA 01240
UpdatedJuly 8th, 2019
TypeMulti-family
Price$525,000
Building7,813 Sq. Ft.
Land0.1 acres

Property Description

One of the best-looking buildings on Main Street and fully occupied. The first floor of the building has three commercial spaces. The second and third floors have one big apartment each. At the current cash flow, the list price cap rate is 9.9% figuring a 5% vacancy factor. The cash on cash return is 15.9% with a 5.25% mortgage amortized over 20 years.


Financials