4 Housatonic St, Lenox, MA 01240 (MLS# 227779)

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

Overview

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.

Listing Details MLS# 227779

Location, Tax & Legal

Registry: Middle Registry
Street #: 4
Street Name: Housatonic
Street Ext: St
State/Province: MA
Postal Code: 01240
Map Ref: M:43 L:172
Assess Amt: 416200
Assessed Year: 2019
Taxes: 6143
Tax Year: 2019
Page: 939
Concessions: No

Contract Information

Original List Price: 525000
Limited Service: No
Agent Interest: None

General Property Description

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

Status Change Info

Status Change Date: 2019-09-04
Under Contract Date: 2019-07-03
Contingent: No
Sold Date: 2019-09-04

Curb Cuts

Curb Cuts: Yes

Building Info

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

More Information

Bathrooms

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

Interior Amenities

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

Remarks & Misc

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

Basement

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

Exterior Amenities

Bus-Public: Yes
Storm Sewer: Yes

Fuel

Nat Gas: Yes

Hot Water

Nat Gas: Yes
Rental: Yes

Internet Service

Cable Available: Yes

Lead Paint

Unk: Yes

Lot Description

Corner: Yes
Paved Drive: Yes

Business Type

Mixed: Yes
Retail: Yes

Underground Oil Tank

No: Yes

Features

Attic: Yes
Basement: Yes

Water

Public: Yes

Right to Farm Comm

No: Yes

Sewer

Public: Yes

Electric Type

200 Amp: Yes
Circuit Breaker: Yes

Energy Features

ProgramThermostat: Yes
Storm Windows: Yes

Construction

Masonry: Yes

Roof

Asphalt: Yes
Fiberglass: Yes
Other: Yes

Heat/Cool

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

Zoning

Business: Yes

Insulation

Unknown: Yes

Seller Disc

No: Yes

Appliances Included

Dishwasher: Yes
Range: Yes
Refrigerator: Yes

Possession

To Be Determined: Yes

Financing

Cash: Yes

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

Lead Paint Disclosure ›

APOD ›

Listing Office: CENTURY 21 HOMETOWN ASSOCIATES (LENOX)

Listing Agent: Michael A Sorrentino

Last Updated: September - 05 - 2024

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