200 N Main StreetEast Longmeadow, MA 01028MLS Number 72431904

  • Price: $1,625,000
  • 168 Days on Market
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Federal 30-year interest rate: 4.06% last updated on May 23, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1970Year Built

GREAT INVESTMENT OPPORTUNITY!! Priced at a 9% cap rate, this listing is for FIVE commercial condo units in a premiere office park in town. All units are fully rented with two of the units having multiple tenants in each. Most tenants are on multi-year leases with renewal options and most of the leases are NNN. These units require very little if any maintenance. The association covers all exterior maintenance, plowing and landscaping and the interior of the units are the responsibility of the tenants. There has not been a special assessment in at least two decades according to the management company. Several of the units have been renovated in the last year This is a great, low risk opportunity to earn a great return and it's perfect for a 1031 exchange.

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J Barrett & Company - Cummings Center Office
J Barrett & Company - Cummings Center Office
Office: 978.922.3683
100 Cummings Center
Suite 101K
Beverly, MA 01915
Listed by Bryan Kaye and The BKaye Team of BKaye Realty

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