19 Franklin St, Lee, MA 01238

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Building Details:

• Year Built: 1985

Fifteen unit multi family with the current list price representing an estimated 8.7% cap rate. The estimated income and expenses is generating an estimated 15.1% cash on cash return. That includes a 5% vacancy factor, a management expense at $10,200 and a mortgage based on $636,000 at 5% amortized over 25 years. Tenants pay their own electric. Heat and hot water is included in the rent. There is a coin-op laundry on site.