4 Housatonic St, Lenox, MA 01240
Commercial property for lease
- Description
- One of the best-looking buildings on Main Street and fully occupied. The first floor of the building has three commercial spaces. The second and third floors have one big apartment each. At the current cash flow, the list price cap rate is 9.9% figuring a 5% vacancy factor. The cash on cash return is 15.9% with a 5.25% mortgage amortized over 20 years. Building price details: $525,000.
- Contact info
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Michael A. SorrentinoCENTURY 21 Franklin Street Associates, Inc.
- Note
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- Property Details
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Property Type: Commercial (Other) Status: Available Submarket: Free-Standing Building, Mixed Use, Other MSA: Pittsfield Zoning: BUSINESS Buildings: 1 Terms: Cash to Seller Added: 07/01/2019