84-90 Summer St, Adams, MA 01220 (MLS# 242013)

84-90 Summer St, Adams, MA 01220

$600,000

Property Type: MultiFamily Bedrooms: 11 Baths: 10 Square Footage: 12,070 Lot Size (sq. ft.): 9,583 Status: Closed

Current Price: $600,000 List Date: 11/14/2023 Last Modified: 9/02/2024

Overview

Description

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.

Listing Details MLS# 242013

Location, Tax & Legal

Registry: North Registry
Street #: 84-90
Street Name: Summer
Street Ext: St
State/Province: MA
Postal Code: 01220
Elem School: Hoosac Valley Elementary
Middle School: Hoosac Valley Middle & High School
High School: Hoosac Valley Middle & High School
Taxes: 6565
Tax Year: 2022
Concessions: None

Contract Information

Original List Price: 649000
Limited Service: No
Agent Interest: None

General Property Description

Realtor.COM Type: Multi-Family
Sq Ft Liv Apx: 12070
Sq Ft Source: Assessor
Total Rooms: 35
Total Bedrooms: 11
Total Full Baths: 9
Total Half Baths: Yes
Total Bathrooms: 10
Parking Spaces Type: Off Street
Unit Style: Other
Year Built Apx: 1910
Year Built Source: Assessor
Lot Size Dimensions: 9,583
Acres Apx: 0.22
Lot Size SqFt: 9583

Status Change Info

Status Change Date: 2024-03-09
Under Contract Date: 2024-01-24
Contingent: Yes
Contingent Remarks: Inspection/Financing
Sold Date: 2024-03-08

Building Info

Exterior Color: Tan/Red/Green

Heating Sys #

Heating Sys #: 12

More Information

Hot Wtr Sys #

Hot Wtr Sys#: 12

Electric Meters #

Electric Meters #: 12

Remarks & Misc

Directions: Heading North on Rt 8, right on Center St, Left on Summer. Heading South on Columbia St, left on Hoosac St, right on Summer St.
Marketing/Headline: Investment Opportunity!

Restrict Covenants

Unk: Yes

Basement

Full: Yes
Unfinished: Yes
Walkout: Yes

Flood Hazard Area

Unk: Yes

Floor

Carpet: Yes
Laminate: Yes

Fuel

Electric: Yes
Nat Gas: Yes

Garage

None: Yes

Heat/Cool/Vent

Electric: Yes
Forced Air: Yes

Hot Water

Nat Gas: Yes

Lead Paint

Unk: Yes

Title V

Not Applicable: Yes

Underground Oil Tank

Unk: Yes

Water

Public: Yes

Right to Farm Comm

Yes: Yes

Sewer

Public: Yes

No of Units

9 or More: Yes

Right of Way

Unk: Yes

Electric Type

100 Amp: Yes
Circuit Breaker: Yes
Individual Meter: Yes

Construction

Wood Frame: Yes

Roof

Asphalt: Yes
Fiberglass: Yes
Membrane: Yes
Other: Yes

Style

Colonial: Yes

Zoning

Business: Yes

Seller Disc

No: Yes

Exterior Siding

Vinyl: Yes
Wood: Yes

Possession

Close Of Escrow: Yes

Financing

Conventional: Yes

Property Features

No of Units: 9 or More Restrict Covenants: Unk Title V: Not Applicable Underground Oil Tank: Unk Water: Public Sewer: Public Right to Farm Comm: Yes Flood Hazard Area: Unk Right of Way: Unk Electric Type: 100 Amp; Circuit Breaker; Individual Meter Style: Colonial Construction: Wood Frame Exterior Siding: Vinyl; Wood Roof: Asphalt; Fiberglass; Membrane; Other Basement: Full; Unfinished; Walkout Floor: Carpet; Laminate Garage: None Fuel: Electric; Nat Gas Hot Water: Nat Gas Lead Paint: Unk Zoning: Business Seller Disc: No Financing: Conventional Possession: Close Of Escrow

Documents

Lead Paint Disclosure ›

Tax Record Report ›

Listing Office: MACCARO REAL ESTATE

Listing Agent: Matt Carlino

Last Updated: September - 02 - 2024

Information from the Berkshire County Board of Realtors, Inc. or it's Multiple Listing Service. Site contains live data. Information herein believed to be accurate, but not warranted. All right, title and interest in the exclusively listed property information represented on this website was created, maintained and copyrighted by the Berkshire County Board of Realtors® and in copyrights therein, hall at all times remain vested in the Berkshire County Board of Realtors®. As a Participant of theBerkshire County Multiple Listing Service, this company was granted a lease to use this information in accordance with all rules and regulations of the Service. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.