4 Housatonic St, Lenox, MA 01240

$525,000
Property Type: Commercial Square Footage: 7,813 Lot Size (sq. ft.): 4,368 Status: Closed
Current Price: $525,000 List Date: 6/29/2019 Last Modified: 9/05/2024

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 both with two full baths. The rent for the two apartments includes electric but they pay there own heat. At the current cash flow, the list price cap rate is 9.9% figuring a 5% vacancy factor. The cash on cash return is 16.5% with a 5.25% mortgage amortized over 20 years.

More Information MLS# 227779

Contract Information

Original List Price: 525000 Limited Service: No Agent Interest: None Current Price: $525,000 Status: Closed List Date: 2019-06-28 Sold Price: $525,000

Location, Tax & Legal

Assess Amt: 416200 Assessed Year: 2019 Taxes: 6143 Tax Year: 2019 Page: 939 Concessions: 0 Registry: Middle Registry Street #: 4 Street Name: Housatonic Street Ext: St State/Province: MA Postal Code: 01240 Map Ref: M:43 L:172

General Property Description

Realtor.COM Type: Commercial Total # Bedrooms: 6 Total Bathrooms: 0 Parking Spaces: 0 Parking Spaces Type: On-Street Sq Ft Source: Assessor Lot Square Footage: 4356 Year Built Source: Assessor Lot Size SqFt: 4368 Betterment: No Sq Ft Liv Apx: 7813 Year Built Apx: 1905 Acres Apx: 0.1

Remarks & Misc

Directions: Southwest corner of Main St. & Housatonic St.

Basement

Bulk head: 1 Concrete Floor: 1 Dirt Floor: 1 Full: 1 Unfinished: 1

Exterior Amenities

Bus-Public: 1 Storm Sewer: 1

Fuel

Nat Gas: 1

Hot Water

Nat Gas: 1 Rental: 1

Interior Amenities

Air Cond: 1 Alarm System: 1 Other: AC on First Floor

Internet Service

Cable Available: 1

Lead Paint

Unk: 1

Lot Description

Corner: 1 Paved Drive: 1

Business Type

Mixed: 1 Retail: 1

Underground Oil Tank

No: 1

Features

Attic: 1 Basement: 1

Water

Public: 1

Right to Farm Comm

No: 1

Sewer

Public: 1

Building Info

Electric Meters #: 3 Heating Sys #: 4 Hot Wtr Sys #: 1 Offices #: 1 Storefronts #: 3

Curb Cuts

Curb Cuts: 1

Electric Type

200 Amp: 1 Circuit Breaker: 1

Energy Features

ProgramThermostat: 1 Storm Windows: 1

Construction

Masonry: 1

Roof

Asphalt: 1 Fiberglass: 1 Other: 1

Heat/Cool

Built-In A/C Unit: 1 Central AC: 1 Forced Air: 1

Bathrooms

# 1/2 Bath: 3 # Full Bath: 4

Zoning

Business: 1

Insulation

Unknown: 1

Seller Disc

No: 1

Appliances Included

Dishwasher: 1 Range: 1 Refrigerator: 1

Possession

To Be Determined: 1

Financing

Cash: 1

Status Change Info

Status Change Date: 2019-09-04 Under Contract Date: 2019-07-03 Contingent: No Sold Date: 2019-09-04 Sold Price: $525,000

Property Features

Business Type: Mixed; Retail Underground Oil Tank: No Water: Public Sewer: Public Right to Farm Comm: No Lot Description: Corner; Paved Drive Electric Type: 200 Amp; Circuit Breaker Interior Amenities: Air Cond; Alarm System Internet Service: Cable Available Exterior Amenities: Bus-Public; Storm Sewer Energy Features: ProgramThermostat; Storm Windows Construction: Masonry Roof: Asphalt; Fiberglass; Other Basement: Bulk head; Concrete Floor; Dirt Floor; Full; Unfinished Features: Attic Fuel: Nat Gas Hot Water: Nat Gas; Rental Insulation: Unknown Lead Paint: Unk Zoning: Business Seller Disc: No Appliances Included: Dishwasher; Range; Refrigerator Financing: Cash Possession: To Be Determined
Listing Office: CENTURY 21 HOMETOWN ASSOCIATES (LENOX)
Listing Agent: Michael A Sorrentino
Last Updated: September - 05 - 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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