106 Howland Ave, Adams MA, 01220
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$349,000
- *est. monthly payment: $
- Check your 2012 Credit Score
- Built in: 1886
- Last Updated: 05/15/2012
- MLS ID # 192434
Features & Amenities of 106 Howland Ave
The property is located on the main road between Adams and North Adams. The neighboring properties are a mixture of commercial, industrial, retail, and residential. Fourteen unit apartment building with all one bedroom units. All tenants pay their own utilities. The Main roof was replaced in 06 and there is all new replacement windows. The back yard parking area gives the tenants plenty of off street parking. All apartments are in average to good condition. There is a coin-op laundry in the basement which produces about $600 in income a year. The potential rental income is $60,840, expenses are $16,743 per year giving you an NOI of $41,055 which includes a 5% vacancy factor. At current list price cap rate is 10.5 and the cash on cash return is 16.3% based on the mortgage quote received from a mortgage broker.
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Nearby Properties For Sale
The following properties are located within the same neighborhood as 106 Howland Ave but are not necessarily for sale.
| Address | Sold Price | Beds | Baths | Sq.Ft | Sold Date | Distance | |
|---|---|---|---|---|---|---|---|
| 84 HOWLAND AVE Adams, MA |
$1 | 3 | 2 | 1,547 | 06/12/2011 | 0.12 mi | |
| 9 NEWARK ST Adams, MA |
$1 | 4 | 2 | 1,694 | 07/17/2011 | 0.13 mi | |
| 25 APREMONT ST Adams, MA |
$1 | 3 | 1 | 1,364 | 12/22/2011 | 0.21 mi | |
| 384 OLD COLUMBIA ST Adams, MA |
$87,000 | 2 | 1 | 936 | 08/16/2011 | 0.25 mi | |
| 233 COLUMBIA ST Adams, MA |
$115,000 | 1 | 1 | 714 | 12/14/2011 | 0.83 mi | |
| 70 LIME ST Adams, MA |
$80,000 | 3 | 1 | 1,365 | 01/11/2012 | 0.87 mi | |
| 206 COLUMBIA ST Adams, MA |
$1 | 3 | 1 | 1,200 | 09/01/2011 | 1.03 mi | |
| 223 EAST RD Adams, MA |
$1 | 5 | 1 | 1,535 | 11/09/2011 | 1.05 mi | |
| 78 FRIEND ST Adams, MA |
$5,000 | 3 | 1 | 960 | 12/15/2011 | 1.12 mi | |
| 156 COLUMBIA ST Adams, MA |
$61,800 | 3 | 1 | 1,440 | 10/20/2011 | 1.14 mi |
MLS # 192434 Offered by
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Listing Source: Century 21
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