19 Franklin St, Lee, MA 01238 (MLS# 202439)

Berkshire & Columbia County Real Estate Agency

[email protected]

19 Franklin St, Lee, MA 01238

$685,000

Property Type: MultiFamily Bedrooms: 30 Baths: 15 Square Footage: 13,540 Lot Size (sq. ft.): 10,019 Status: Closed

Current Price: $685,000 List Date: 5/24/2013 Last Modified: 9/01/2024

Description

Fifteen unit multi family with the current list price representing an estimated 7.8% cap rate. The estimated income and expenses is generating an estimated 10.6% cash on cash return. That includes a 5% vacancy factor, a management expense at $10,200 and a mortgage based on $636,000 at 5% amortized over 25 years. Tenants pay their own electric.

Supplements: Heat and hot water is included in the rent. There is a coin-op laundry on site.

More Information MLS# 202439

Contract Information

Current Price: $685,000 Status: Closed List Date: 2013-05-24 Sold Price: $685,000 Original List Price: 795000 Limited Service: No Agent Interest: None

Location Tax Legal

Registry: Middle Registry Street #: 19 Street Name: Franklin Street Ext: St State/Province: MA Postal Code: 01238 Map Ref: M:012 B:0A L:0000-0190.0

General Property Description

Realtor.COM Type: Multi-Family Sq Ft Liv Apx: 13540 Sq Ft Source: Assessor Total Rooms: 60 Total Bedrooms: 30 Total Full Baths: 15 Total Bathrooms: 15 Parking Spaces: 20 Unit Style: Other Year Built Apx: 1985 Year Built Source: Assessor Lot Size Dimensions: 10,019 Acres Apx: 0.23

Status Change Info

Status Change Date: 2013-11-01 Under Contract Date: 2013-09-09 Contingent: No Sold Date: 2013-10-31 Sold Price: $685,000 Property Use *(Stat): Investment

Building Info

Exterior Color: Red Fuel Usage/Yr: $6,564 or 1,817 Gall

Heating Sys #

Heating Sys #: 2

Hot Wtr Sys #

Hot Wtr Sys#: 16

Electric Meters #

Electric Meters #: 16

Property Features

No of Units: 9 or More Restrict Covenants: Unk Title V: Not Applicable Underground Oil Tank: No Water: Public Sewer: Public Right to Farm Comm: Yes Flood Hazard Area: No Incl in Rent: Heat; Hot Water; Parking; Trash Removal Electric Type: 100 Amp; Circuit Breaker Style: Other Interior Amenities: Cable Avail Internet Service: Cable Available; DSL Available Exterior Amenities: Bus-School; Trash Private Construction: Wood Frame Exterior Siding: Clapboard; Wood Roof: Asphalt; Fiberglass Basement: Slab Floor: Carpet; Linoleum Garage: None Fuel: Oil Hot Water: Oil Insulation: Fiberglass Laundry: Coin Op Lead Paint: Compliant Zoning: Multi Seller Disc: No Financing: Conventional Possession: To Be Determined Documents: APOD

Documents

APOD ›

Listing Office: CENTURY 21 HOMETOWN ASSOCIATES (LENOX)

Listing Agent: Michael Sorrentino

Last Updated: September - 01 - 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.

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