NOT LISTED FOR SALE

19 Franklin St Lee, MA 01238

30 Beds
15 Baths
13,540 Sq Ft
10,019 Sq Ft Lot

Last Sold October 31, 2013

Last sale price $685,000 $51 Per Sq Ft

108 Days on Market

Highlights

  • Hot Water Heating System
  • Wood Siding
  • Carpet
  • Coin Laundry

About This Home

As of October 2013

Fifteen unit multi family with the current list price representing an estimated 7.8% cap rate. The estimated income and expenses is generating an estimated 10.6% 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.

Last Agent to Sell the Property

Michael Sorrentino

BERKSHIRE HATHAWAY HOMESERVICES REALTY PROFESSIONALS-WESTFIELD License #9084206 Listed on: 05/24/2013

BERKSHIRE HATHAWAY HOMESERVICES REALTY PROFESSIONALS-WESTFIELD

Last Buyer's Agent

Anthony Caropreso

MACCARO REAL ESTATE License #135935

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,185

Year Built

  • 1985

Lot Details

  • 10,019

Home Design

  • 13,540 Sq Ft Home
  • Slab Foundation
  • Wood Frame Construction
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 30 Bedrooms
  • 15 Full Bathrooms

Parking

  • 20 Parking Spaces
  • No Garage

Schools

  • Lee Elementary And Middle School
  • Lee High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater

Community Details

  • Coin Laundry
  • 16 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,185

Year Built

1985

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Type: Multi-Family
  • Style: Other
  • Construction: Wood Frame
  • Directions: Main St. to Franklin St. Behind dentist office.
  • Property Use Stat: Investment
  • Estimated Year Built: 1985
  • Unit Style: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1985

Interior Features

  • Total Bedrooms: 30
  • Total Bathrooms: 15.00
  • Total Full Baths: 15
  • Basement: Slab
  • Insulation: Fiberglass
  • Interior Amenities: Cable Avail
  • Floor: Carpet | Linoleum
  • Laundry: Coin Op
  • Sq Ft Liv Apx: 13540.00
  • Total Rooms: 60

Exterior Features

  • Exterior Amenities: Bus-School | Trash Private
  • Roof: Asphalt | Fiberglass
  • Exterior Siding: Clapboard | Wood

Garage/Parking

  • Parking Spaces: 20.00
  • Garage: None

Utilities

  • Electric Type: 100 Amp | Circuit Breaker
  • Fuel: Oil
  • Hot Water: Oil
  • Internet Service: Cable Available | DSL Available
  • Sewer: Public
  • Underground Oil Tank: No
  • Water: Public
  • Flood Hazard Area: No
  • Electric Meters Number: 16
  • Heat Cool Vent: Hot Water
  • Heat Cool Vent Air Exchange System: No
  • Heating Sys Number Heating Sys Number: 2
  • Hot Wtr Sys Number Hot Wtr Sys Number: 16

Schools

  • Elementary School: Lee
  • Middle School: Lee
  • High School: Lee

Lot Info

  • Estimated Acres: 0.23
  • Total Assessed Value: 793800.00
  • Assessed Year: 2013.00
  • Map Ref: M:012 B:0A L:0000-0190.0
  • Right To Farm Comm: Yes
  • Zoning: Multi
  • Land Use Water Shed: No
  • Lot Dimensions: 10,019

Rental Info

  • Included In Rent: Heat | Trash Removal | Parking | Hot Water

Tax Info

  • Taxes: 11185.00
  • Tax Year: 2013

Multi Family

  • No Of Units: 9 or More

MLS Schools

  • Elementary School: Lee
  • High School: Lee
  • Middle School: Lee

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2013 10/31/13 Sold $685,000 -13.8% $51 / Sq Ft
09/09/2013 09/09/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $795,000 -- $59 / Sq Ft
Source: Berkshire County Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Sorrentino

    Seller's Agent in 2013

    Michael Sorrentino

    BERKSHIRE HATHAWAY HOMESERVICES REALTY PROFESSIONALS-WESTFIELD

    (413) 637-8006

    17 in this area

    96 Total Sales

    Section Image
  • Anthony Caropreso

    Buyer's Agent in 2013

    Anthony Caropreso

    MACCARO REAL ESTATE

    (413) 374-4300

    26 in this area

    48 Total Sales

    Section Image
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Map

Source: Berkshire County Board of REALTORS®

MLS Number: 202439

Berkshire County Board of REALTORS®

APN: LEEE M:012 B:0A L:0000-0190.0

Massachusetts Berkshire County Lee 01238

19 Franklin St, Lee, MA

This home is located at 19 Franklin St, Lee, MA 01238 since 24 May 2013. This property was built in 1985. 19 Franklin St is a home located in Berkshire County with nearby schools including Lee Elementary School, Lee Middle/High School, and St. Mary's School.

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