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About This Home

This 7-bedroom, 3-bathroom residential multi family at 86 W Main St in North Adams, MA is listed for $299,000 ($111 per sqft). Built in 1900, the home offers 2,700 sqft of living space on a 0.05 acres lot.

Agent Description

Excellent investment opportunity in North Adams! This well-maintained multi-family property features 3 income-producing units with additional value-add potential. The fully renovated basement studio is currently rented for $1,000/month. Apartment 2, located on the first floor, has been completely renovated and is currently vacant and marketed for rent at $2,000/month, making it ideal for an owner-occupant or investor seeking increased cash flow.

Apartment 3 is currently rented for $1,300/month. The property also includes an attic space with potential to be converted into a 2-bedroom, 1-bath unit, offering the possibility to turn this property into a 4-unit building, subject to buyer due diligence and city approvals. Conveniently located near downtown, shopping, restaurants, and local attractions. Some photos of Apartment 2 have been virtually staged.

Key Features

  • Built in 1900
  • 0.05 acre lot
  • 3 stories

Property Details

3 stories
3 full
1900

Monthly Cost Estimate

$1,599/mo

20% down · 6.5% · 30 years

Principal$216
Interest$1,296
Insurance$87

Estimates only. Actual payments may vary.

Location

86 W Main St

North Adams, MA 01247

Questions & Answers

This 7-bedroom, 3-bathroom residential multi family at 86 W Main St is listed at $299,000 ($111/sqft). The estimated monthly payment is $1,296 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.05 acre lot, 3 stories.

This property is listed by . ..

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Agent at Keller Williams Elite

Listed by Keller Williams Elite · View on Broker Site

MLS# 73521202· Source: listhub· Updated 13 days ago

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86 W Main St, North Adams, MA 01247

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