46 Madison Ave Pittsfield, MA, 01201 - Apartments for Rent
  1. Massachusetts
  2. Pittsfield
  3. 01201
  4. 46 Madison Ave

46 Madison Ave

Pittsfield, MA 01201

Off Market Units

PriceTypeBathsSqftPrice/Sqft
8 BEDROOM $137,760
$137,760 Off Market 4.0 ba3,238 sqft$43

Facts

  • 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%.

Neighborhood

    Nearby Schools

    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.

    Data by GreatSchools.org

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