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

Overview

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.

Listing Details MLS# 242013

Location, Tax & Legal

Registry
North Registry
Street #
84-90
Street Name
Summer
Street Ext
St
State/Province
MA
Postal Code
01220

Contract Information

Original List Price
649000
Limited Service
No
Agent Interest
None

General Property Description

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

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

Building Info

Exterior Color
Tan/Red/Green

Heating Sys #

Heating Sys #
12

More Information

Hot Wtr Sys #

Hot Wtr Sys#
12

Electric Meters #

Electric Meters #
12

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.

Scroll to Top