16-18 N Summer St - Apartments FOR SALE


Adams, MA 01220
$1,499,000 USD
413-822-6598
16-18 N Summer St, Adams, MA for Sale
$1,499,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

16-18 N Summer St
Adams, MA 01220


OVERVIEW

An excellent opportunity to blend immediate cash flow with long term upside in a desirable and growing area! An added advantage of this exciting property is its potential for short-term rental income, subject to local ordinances! Rare opportunity to acquire two apartment buildings totaling nine units in a convenient Adams location. These properties are thoughtfully updated throughout, with a newer roof, boilers, hot water, windows, electrical systems, and modern finishes. Kitchens are remodeled with stylish touches, including quartz countertops, newer cabinetry, and updated appliances. with stylish touches including marble countertops, new cabinetry, and updated appliances.

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$201 USD /SF

# OF UNITS

9

PRICE/UNIT

$166,556

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Multi/Res

APN/PARCEL ID

ADAM-000112-000000-000098

ASK ABOUT THIS PROPERTY

Nick GeraniosWilliam Pitt Sotheby's International RealtyMore Info
413-822-6598

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Nick GeraniosWilliam Pitt Sotheby's International RealtyMore Info
413-822-6598

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.