84-90 Summer St, Adams, MA 01220

$600,000
Property Type: MultiFamily Bedrooms: 11 Baths: 10 Square Footage: 12,070 Lot Size (sq. ft.): 9,583 Status: Closed
Current Price: $600,000 List Date: 11/14/2023 Last Modified: 9/02/2024

Description

Investment Opportunity with great cash flow and an 8% cap rate. Two mixed-use commercial/residential buildings being sold together. One building includes 1 storefront and 2 apartments. The other has 2 storefronts and 7 apartments. Updates include complete renovation of 2 apartments and a commercial space, roof replacement and renovation of interior hallways. Property also includes blacktopped parking, fire protection monitoring system, hardwired security system.

More Information MLS# 242013

Contract Information

Original List Price: 649000 Limited Service: No Agent Interest: None Current Price: $600,000 Status: Closed List Date: 2023-11-14 Sold Price: $600,000

Location, Tax & Legal

Elem School: Hoosac Valley Elementary Middle School: Hoosac Valley Middle & High School High School: Hoosac Valley Middle & High School Taxes: 6565 Tax Year: 2022 Concessions: None Registry: North Registry Street #: 84-90 Street Name: Summer Street Ext: St State/Province: MA Postal Code: 01220

General Property Description

Realtor.COM Type: Multi-Family Total Bathrooms: 10 Parking Spaces Type: Off Street Sq Ft Source: Assessor Total Rooms: 35 Total Bedrooms: 11 Unit Style: Other Year Built Source: Assessor Lot Size Dimensions: 9,583 Lot Size SqFt: 9583 Sq Ft Liv Apx: 12070 Total Full Baths: 9 Total Half Baths: 1 Year Built Apx: 1910 Acres Apx: 0.22

Remarks & Misc

Directions: Heading North on Rt 8, right on Center St, Left on Summer. Heading South on Columbia St, left on Hoosac St, right on Summer St. Marketing/Headline: Investment Opportunity!

Restrict Covenants

Unk: 1

Basement

Full: 1 Unfinished: 1 Walkout: 1

Flood Hazard Area

Unk: 1

Floor

Carpet: 1 Laminate: 1

Fuel

Electric: 1 Nat Gas: 1

Garage

None: 1

Heat/Cool/Vent

Electric: 1 Forced Air: 1

Hot Water

Nat Gas: 1

Lead Paint

Unk: 1

Title V

Not Applicable: 1

Underground Oil Tank

Unk: 1

Water

Public: 1

Right to Farm Comm

Yes: 1

Sewer

Public: 1

No of Units

9 or More: 1

Building Info

Exterior Color: Tan/Red/Green

Right of Way

Unk: 1

Electric Type

100 Amp: 1 Circuit Breaker: 1 Individual Meter: 1

Construction

Wood Frame: 1

Roof

Asphalt: 1 Fiberglass: 1 Membrane: 1 Other: 1

Style

Colonial: 1

Zoning

Business: 1

Seller Disc

No: 1

Exterior Siding

Vinyl: 1 Wood: 1

Heating Sys #

Heating Sys #: 12

Hot Wtr Sys #

Hot Wtr Sys#: 12

Electric Meters #

Electric Meters #: 12

Possession

Close Of Escrow: 1

Financing

Conventional: 1

Status Change Info

Status Change Date: 2024-03-09 Under Contract Date: 2024-01-24 Contingent: Yes Contingent Remarks: Inspection/Financing Sold Date: 2024-03-08 Sold Price: $600,000

Property Features

No of Units: 9 or More Restrict Covenants: Unk Title V: Not Applicable Underground Oil Tank: Unk Water: Public Sewer: Public Right to Farm Comm: Yes Flood Hazard Area: Unk Right of Way: Unk Electric Type: 100 Amp; Circuit Breaker; Individual Meter Style: Colonial Construction: Wood Frame Exterior Siding: Vinyl; Wood Roof: Asphalt; Fiberglass; Membrane; Other Basement: Full; Unfinished; Walkout Floor: Carpet; Laminate Garage: None Fuel: Electric; Nat Gas Hot Water: Nat Gas Lead Paint: Unk Zoning: Business Seller Disc: No Financing: Conventional Possession: Close Of Escrow
Listing Office: MACCARO REAL ESTATE
Listing Agent: Matt Carlino
Last Updated: September - 02 - 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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