46 Madison Ave Pittsfield, MA 01201

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%.

Facts
  • Year Built: 1900

Available Units

NameListed DateTypePriceBeds/BathsSqftPrice/Sqft

Off Market Units

NameListed DateTypePriceBeds/BathsSqftPrice/Sqft
46 Madison Ave--
Off Market
$347,8748 bd, 4.0 ba3,238 $107
 
 
    Nearby Schools in Pittsfield

    Data by GreatSchools.org  ?

    Close

    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.

    Get a professional estimate

    What's this?
    Close
    About these agents
    These listing agents specialize in this area and can get you a market value for this home and answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at (855) 840-3292
    Close
    Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

    Learn how to appear as the agent above

    Close
    Want to learn how to appear as the agent above? Contact us here or call us at (855) 840-3292

    Email successfully sent!Submission failed!

    Next: Find out what you can afford on Zillow Mortgage Marketplace.

    Get Pre-Approved

    Next: Get Pre-Approved

    A Zillow Confirmed Lender will call you.

    Contact me

    Thanks for using Zillow to find agents and lenders to help you with your home shopping.

    Similar Homes for Sale

    1. 10-12 Faulkner Pl, Pittsfield, MA 01201
      10-12 Faulkner Pl, Pittsfield, MA 01201

      For Sale: $84,999

      • Beds: 4
      • Sqft: --
      • Baths: 2.0
      • Lot: --
    2. 228 Francis Ave, Pittsfield, MA 01201
      228 Francis Ave, Pittsfield, MA 01201

      For Sale: $129,000

      • Beds: 5
      • Sqft: 6000
      • Baths: 5.0
      • Lot: 2 ac
    3. 51-53 Orchard St, Pittsfield, MA 01201
      51-53 Orchard St, Pittsfield, MA 01201

      For Sale: $120,000

      • Beds: 8
      • Sqft: 3592
      • Baths: 4.0
      • Lot: 5,662