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37 Clinton Avenue
Holyoke, MA 01040
Asking Price
$950K
Cap Rate
11.14%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 11.14% CAP | 12,162 SqFt <p>Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 37 Clinton Avenue in Holyoke, Massachusetts (the “Property”). The Property is improved with a five-story brick building containing ten (10) residential units comprised of eight (8), 2-Bedroom/1-Bathroom units and two (2), 3-Bedroom/1-Bathroom units with 10,135 square feet of living area in 12,162 square feet of total gross area, on a 0.14-acre parcel. The Property has
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NOI
$80,000
Cap Rate
8.42%
DSCR
1.42
Strong
Cash-on-Cash
8.28%
Monthly Payment
$4,700.082
Annual Cash Flow
$23,599.02
