1-15 Esther Ter, Pittsfield, MA 01201
$675,000
Property Type:
Commercial
Square Footage:
1,968
Lot Size (sq. ft.):
3,167
Status:
Closed
Current Price:
$675,000
List Date:
2/19/2019
Last Modified:
9/05/2024
Description
The Esther Terrace portfolio consists of six 2-family homes and an
additional lot used for parking, which could allow for another 2 family to be built (buyer to verify). At list price and current rent roll, this portfolio nets a 9% cap rate, though with an upcoming revenue increase of $6,000 annually, that percentage will rise.
Many recent improvements including landscaping, siding of one home, new paint, new carpet,
and updating kitchens in many of the units.
Most recently a water meter has been installed in 1 property resulting in $100 savings in water cost after the first quarter ($400 annually); adding meters to the remaining properties may result in similar savings. The units are 100% occupied and are easy to market and fill.Please note #10 and #14 Esther are not in this portf
More Information MLS# 226010
Contract Information
Original List Price: 685000
Limited Service: No
Agent Interest: None
Current Price: $675,000
Status: Closed
List Date: 2018-08-09
Sold Price: $675,000
Location, Tax & Legal
Assess Amt: 79100
Assessed Year: 2018
Taxes: 1583
Tax Year: 2018
Concessions: None
Registry: Middle Registry
Street #: 1-15
Street Name: Esther
Street Ext: Ter
State/Province: MA
Postal Code: 01201
General Property Description
Realtor.COM Type: Commercial
Total Bathrooms: 0
Parking Spaces Type: Off Street
Sq Ft Source: Assessor
Lot Square Footage: 28314
Year Built Source: Assessor
Lot Size SqFt: 3167
Betterment: No
Sq Ft Liv Apx: 1968
Year Built Apx: 1880
Acres Apx: 0.07
Remarks & Misc
Directions: Fenn Street to Esther Terrace. Esther Terrace is a dead-end street. The homes are all located on the right hand side.
Marketing/Headline: Six 2-family homes located on a dead-end street
Basement
Dirt Floor: 1
Fuel
Nat Gas: 1
Oil: 1
Hot Water
Electric: 1
Internet Service
Cable Available: 1
DSL Available: 1
Satellite Available: 1
Lead Paint
Unk: 1
Business Type
Rental: 1
Underground Oil Tank
No: 1
Water
Public: 1
Right to Farm Comm
Yes: 1
Sewer
Public: 1
Electric Type
100 Amp: 1
Construction
Wood Frame: 1
Roof
Asphalt: 1
Fiberglass: 1
Heat/Cool
Forced Air: 1
Steam: 1
Bathrooms
# Full Bath: 12
Seller Disc
No: 1
Appliances Included
Range: 1
Refrigerator: 1
Possession
Close Of Escrow: 1
Financing
Conventional: 1
Status Change Info
Status Change Date: 2019-06-28
Under Contract Date: 2019-04-01
Contingent: Yes
Sold Date: 2019-06-28
Sold Price: $675,000
Property Features
Business Type: Rental
Underground Oil Tank: No
Water: Public
Sewer: Public
Right to Farm Comm: Yes
Electric Type: 100 Amp
Internet Service: Cable Available; DSL Available; Satellite Available
Construction: Wood Frame
Roof: Asphalt; Fiberglass
Basement: Dirt Floor
Fuel: Nat Gas; Oil
Hot Water: Electric
Lead Paint: Unk
Seller Disc: No
Appliances Included: Range; Refrigerator
Financing: Conventional
Possession: Close Of Escrow
Documents
Lead Paint Disclosure ›
Listing Office:
JAN PERRY REALTY & ASSOCIATES, LLC
Listing Agent:
Rebecca Weeks
Last Updated: September - 05 - 2024
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