Description:

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Here is an opportunity to own a 4-unit apartment building with excellent rental income, perfect for the owner occupant or investor. Conveniently located in the heart of Colrain, the 1.64 acre lot is open and inviting offering a fabulous garden area with mountain and farmland views. Updates from 2015 – 2016 include installation of a new well, updated wiring, new exterior fire stairs, new boiler, re-shingle half of the roof and new cupboards apt B. There is a single attached garage and a finished, heated, bonus room, currently being used for storage. Apartments units are 2 up and 2 down offering spacious living areas. A total of 1.64 acres is comprised of 3 contiguous parcels. Map1240 Blocks 1, 2 and 3. Tenants to be allowed to stay if they desire in the premises for an additional 3 months at the current rental rate from date of closing. See Disclosure section for additional disclosures.

Agency Info

Listed by Cathy Roberts
Cohn & Company - (413) 772-0105

General Info

• property type: Multi-Family
• listing status: Sold
• list price: $325,000.00
• assessments: $200,300.00
• taxes: $4,102.00
• settled date: $45,008.00
• year built: 1780
• tax year: 2022
• acre: 1.64
• mf type: 4 Family - 4 Units Up/Down
• road type: Public, Paved, Publicly Maint.
• lot size: 71,438

Building

• square feet: 4356
• garage spaces: 1
• basement: Yes
• basement feature: Full, Bulkhead, Sump Pump, Concrete Floor, Unfinished Basement

Interior

• electric feature: Circuit Breakers

Exterior

• parking spaces: 8

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