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.
Sold for $600,000 on 03/08/24
$600,000
84-90 Summer St, Adams, MA 01220
11beds
12,070sqft
Multi Family
Built in 1910
-- sqft lot
$738,000 Zestimate®
$50/sqft
$1,688 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 01, 2024 at 08:32pm
Listed by:
Matt Carlino 413-441-3256,
MACCARO REAL ESTATE
Bought with:
Marc Bellora, 9581950
BERKSHIRE DREAM HOME, INC.
Source: BCMLS,MLS#: 242013
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 10
- Full bathrooms: 9
- 1/2 bathrooms: 1
Heating
- Electric, Nat Gas, Forced Air
Cooling
- Electric
Features
- Flooring: Carpet, Laminate
- Basement: Walk-Out Access,Unfinished,Full
Interior area
- Total structure area: 12,070
- Total interior livable area: 12,070 sqft
Property
Parking
- Parking features: None
Lot
- Size: 9,583 sqft
Details
- Zoning description: Business
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Roof: Fiberglass,Membrane,Other,Asphalt
Condition
- Year built: 1910
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, Individual Meter
- Water: Public
Community & neighborhood
Location
- Region: Adams