10-12 Cherry St., Pittsfield, MA 01201

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Michael A. S.

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Building Details:

• Year Built: 1920

10-12 Cherry St. is amulti-family property for lease in Pittsfield, MA.

Four family in good condition with all four units paying their own utilities. New furnaces, roof, and liner for chimney in 2004. The current Potential Rental Income is $23,280, with current estimated expenses of $7,028 represents an estimated NOI of $15,088 which includes a 5% vacancy factor. The list price cap rate is 10.8% with 18.8% cash on cash return assuming 20% down with a 20 year amortization schedule at 5.25%.

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