Four family in good condition with all four units paying their own utilities. New furnaces, roof, and liner for chimney in 2004. The current Potential Rental Income is $23,280, with current estimated expenses of $7,028 represents an estimated NOI of $15,088 which includes a 5% vacancy factor. The list price cap rate is 11.6% with 24.3% cash on cash return assuming 20% down with a 25 year amortization schedule at 5.5%.
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Multi-Family (2-4 Units) located at 10-12 Cherry St, Pittsfield, MA 01201 is currently for sale.
10-12 Cherry St, Pittsfield is listed by CENTURY 21 Real Estate for $129,900.
This property has 4 bedrooms, 4 full bathrooms, and approximately 3,320 square feet. The property was built in 1920.
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