46 Madison Ave
Pittsfield, MA 01201
Off Market Units
|8 BEDROOM $137,760|
|$137,760||Off Market||4.0 ba||3,238 sqft||$43|
- Year Built: 1900
Four family in good condition vinyl siding, replacement windows, newer furnaces and electric water heaters. The two car garage is currently rented for $100 a month. The potential rental income is $28,800 which includes the garage rental. Expenses for the property are $9,979 giving the property a NOI of $17,381 figuring a vacancy rate of 5%. The cash on cash return is 17.7% based on 20% down with a 25 year amortization schedule at 6.25%. The before tax IRR at a projected sale price cap rate of 11 could be 20.7%.
GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.
Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.
PK-5 & ungraded0.5 mi
6-8 & ungraded0.8 mi
9-12 & ungraded0.7 mi
Data by GreatSchools.org
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