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
Documents
Listing Office:
CENTURY 21 HOMETOWN ASSOCIATES (LENOX)
Listing Agent:
Michael A Sorrentino
Last Updated: September - 05 - 2024
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