1-15 Esther TerPittsfield, MA 01201MLS Number 226010

  • Price: $685,000
  • 94 Days on Market
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Federal 30-year interest rate: 4.06% last updated on May 23, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.07Acreage
  • 1880Year Built
  • 1968Square Feet
  • 139Approximate Age

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Courtesy of JAN PERRY REALTY & ASSOCIATES, LLC

The esther terrace portfolio consists of six 2-family homes and anadditional lot used for parking, which could allow for another 2 family to be built (buyer to verify). At list price and current rent roll, this portfolio nets a 9% cap rate, though with an upcoming revenue increase of $6,000 annually, that percentage will rise. Many recent improvements including landscaping, siding of one home, new paint, new carpet, and updating kitchens in many of the units. Most recently a water meter has been installed in 1 property resulting in $100 savings in water cost after the first quarter ($400 annually); adding meters to the remaining properties may result in similar savings. The units are 100% occupied and are easy to market and fill.Please note #10 and #14 esther are not in this portf

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More Info

Location

  • Address1-15 Esther Ter
  • VillageBerkshire - Central
  • TownPittsfield
  • CountyBerkshire
  • StateMA
  • Zip01201

Exterior

  • RoofingAsphalt/Fiberglass

Other

  • Tax Year2018
  • Mls List Date02/19/2019
  • Annual Tax$1,583
  • AppliancesRange/Stove, Refrigerator
  • View Count17

Building

  • Square Feet1968
  • Year Built1880
  • Approximate Age139
  • DesignWood Frame
  • Basement DescriptionDirt Floor
  • Square Foot SourceAssessor

Water Body

  • Water ViewN
  • WaterPublic
  • Has WaterfrontN

Property

  • Acreage0.07
  • List Price$685,000
  • BCMLS226010
  • Property TypeCommercial
  • Parking Spaces
  • Square Feet Of Land28,314

Utilities

  • SewerPublic
  • Heat TypeForced Air, Steam
HARSCH ASSOCIATES
HARSCH ASSOCIATES
Office: 413-458-5000
311 Main Street
Williamstown, MA 01267

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