Five family with current list price representing an estimated 14.9% cap rate. The estimated income and expenses is generating an estimated 40% cash on cash return. That includes a 5% vacancy factor and a mortgage based on $143,920 at 5.5% amortized over 25 years. Tenants pay their own electric, and there has been a recent conversion from oil to gas for heat and hot water. There is a three car garage for more income potential.
Off market
Zestimate®
$331,400
40 Hamlin St, Pittsfield, MA 01201
9beds
5baths
4,175sqft
MultiFamily
Built in 1900
-- sqft lot
$331,400 Zestimate®
$79/sqft
$1,724 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Heating
- Forced air
Interior area
- Total interior livable area: 4,175 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport, Garage - Detached
Lot
- Size: 8,276 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Pittsfield