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48 Main St Cummington, MA 01026

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For Sale
$259,900

Westfield Riverfront Apartments - Updated & Profitable

Property Features for 48 Main St

General Information

Property type
Other commercial real estate
Lot Size
20,473 SF

Building Details

Year Built
1816

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Listing Contact
David Murphy

Listing Agency: The Murphys REALTORS®, Inc. Listing Agent: David Murphy

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional income-generating property, situated on a desirable 0.47-acre lot along the banks of the Westfield River in Cummington, MA, presents a compelling investment opportunity. The property comprises six individual one-bedroom apartments, each equipped with its own separate heating and electrical systems, ensuring efficient utility management and tenant independence. Recent capital improvements significantly enhance the property's value and longevity. These upgrades include a completely new roof, replacement of all windows, installation of a state-of-the-art fire alarm system, a brand-new water heater, comprehensive electrical system updates, a fully renovated septic system, and the addition of a crucial egress stairway for enhanced safety and code compliance. All apartments come complete with included appliances, providing tenants with immediate convenience. Ample off-street parking is available for all six units, addressing a key tenant requirement. A portion of the driveway is shared with an adjacent property via a legally established right-of-way, ensuring convenient access for all residents. This turnkey investment property offers a blend of immediate income potential and long-term stability, making it an attractive proposition for discerning investors seeking a well-maintained and updated multi-family asset in a picturesque riverfront setting. The property is priced at $259,900.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Building Supply Auto Repair Shop Gym & Fitness Center Furniture & Home Goods Travel Agency Garden Center Parking Lot & Garage

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Cummington
County
Hampshire
State
Massachusetts
Longitude
-72.8946
Latitude
42.46223

FAQs

What type of property is this?
Commercial real estate - Westfield Riverfront Apartments - Updated & Profitable
Where is this commercial real estate located?
The property is located at 48 Main St Cummington, MA.
What is the asking price?
The asking price for this property is $259,900.
More about this property
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