- Available Spaces
• Year Built: 1920
10-12 Cherry St. is amulti-family property for lease in Pittsfield, MA. The property currently has 1 multi-family space for lease and is marketed by Century 21 - Franklin Street.
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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