Summary
ADAMS, MA 4 UNIT INVESTMENT PROPERTY W/ CASHFLOW & UPDATES
4,000SQFT 1900 Build
4 Units - 8 Beds 4 Baths
Notes:
-Renovations done when purchased in 2018
-Parking lot in rear
-Owner looking to consolidate portfolio
-Value add is turning the “large bonus rooms” into extra bedrooms.
-Gas Heat (Forced air)
-One long term tenant
Expenses:
Tax: $3,521/ yr
Insurance (includes flood) $4600/yr
Water/Sewer $1,600/ Yr
Plowing $150 per month
Income:
$3,800/ mo (month/month)
Pro forma $1250/unit $5,000/mo
Per unit breakdown coming
Price: $199,950
Rehab: $20,000
ARV: $350,000
Comps:
14 E Hoosac St, Adams Ma SOLD $320k
39-41 Apremont St, Adams MA SOLD $280k (500sqft less)
221 North st #227 Cheshire, MA SOLD $318,000
LEGAL NOTICE: We have a legally binding contract with our Seller. Trying to go around us and direct to our seller is illegal and considered Tortious Interference of a Contract. Doing so will result in legal action.LEGAL NOTICE: We have a legally binding contract with our Seller. Trying to go around us and direct to our seller is illegal and considered Tortious Interference of a Contract. Doing so will result in legal action.
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
| Bedrooms | |
| Bathrooms | |
| Sq. footage |
Deals nearby
Available
Sold