48 Main St Cummington, MA 01026
- Commercial real estate
- 0.47 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 48 Main St
- Year built
- 1816
- Lot size
- 0.47 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cummington
- County
- Hampshire
- State
- Massachusetts
- Longitude
- -72.8946
- Latitude
- 42.46223