Fully Renovated 4-Unit Property in North Adams, MA To Buy directly from owner. An unparalleled opportunity awaits to acquire a meticulously maintained, renovated four-unit multi-family property in the vibrant community of North Adams, Massachusetts. This offering presents an immediate income stream with all units currently rented, making it an ideal acquisition for a investor looking to enter own the lucrative real estate. Property Overview: This expansive property features two distinct entrances (front and back) and houses four separate apartments, each recently renovated to a high standard. The thoughtful layout caters to diverse tenant needs, ensuring consistent occupancy and strong rental yields. First Floor Apartments: • Two separate units. • Each feature 2 bedrooms and 1 bathroom. • Generous size of approx. 770 sq ft per unit. • Modern Kitchen, bathroom & in-unit washer/Dryer. Second and Third Floor Duplex Apartments: • Two spacious duplex units, combining the second and third floors. • Each duplex has more than 3-4 bedrooms and 1.5 bathrooms. • Substantial living space of approx. 1830 sq ft per unit. Investment Highlights This property is being offered for sale by owner, providing a unique chance for a new owner to benefit from years of careful stewardship. • Turnkey Investment: All apartments are currently rented below market level Rents. • Recent Renovations: The entire house underwent significant renovations a few years ago, ensuring modern comforts and reducing maintenance concerns. • Current rental income: - 70 A: 2-bedroom apartment: $1,100 per month. - 70 B: 4-bedroom duplex apartment: $2,200 per month. - 72 A: 2-bedroom apartment: $1,250 per month. - 72 B: 4-bedroom duplex apartment: $1,470 per month each(Subject to increase). Additional Features • Separate Utilities: Equipped with 4 separate electric meters and individual gas meter Systems. • Ample Outdoor Space and Off Street Parkings. • Additional Storage: A spacious basement offers potential for additional storage or future development. • Yearly property tax: 3350 USD Location: North Adams, MA Situated in North Adams, a city renowned for its vibrant arts scene, outdoor recreational opportunities, and strong community spirit. The property's location offers walking distance to the town center & historic museum and also short distance to Williams College. North Adams is experiencing a positive real estate trend, with median home prices showing appreciation, making this an even more attractive investment. Video of each unit will be available upon request. Contact Information: Don't miss out on this exceptional opportunity to own a prime multi-family property in North Adams. For more information or to schedule a private viewing, please contact the owner. Serious inquiries only. Contact OWNER now to schedule a viewing.
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