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 | |
Updated | July 8th, 2019 |
Type | Multi-family |
Price | $525,000 |
Building | 7,813 Sq. Ft. |
Land | 0.1 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.