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Sold on 10/31/2013
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19 Franklin St, Lee, MA 01238

  • $1,505,000

    Last sold 10/31/2013 for $685K

  • 30

    bed

  • 15

    bath

  • 13,540

    Sqft ($51/Sqft)

Multi-family not for sale
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About 19 Franklin St

Property type Multi-family
Year built 1985
HOA fee $0/month
Lot size 10,019 Sqft
Movoto estimate
Property description
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. Heat and hot water is included in the rent. There is a coin-op laundry on site.
Listed by
Listing Agent - Michael A Sorrentino
Listing Agent Contact: 413-637-3252
Listing Office - CENTURY 21 HOMETOWN ASSOCIATES (LENOX)
Source: Berkshire County Multiple Listing Service mls logo
MLS#202439 • last updated 1 year ago
Movoto checked Berkshire County Multiple Listing Service for data 8 minutes ago
Overview
Heating Oil, Hot Water
Levels/Style Other
MLS # 202439
Property Type MultiFamily
Living Area 13540
Status Closed
Lot Size (Acres) 0.23
Lot Size (SqFt) 10018.8
Property Tax 11185
Year Built 1985
Interior
Total # of Bathrooms 15
# of Full Baths 15
Total # of Bedrooms 30
Laundry Coin Op
Flooring Carpet, Linoleum
Interior Features Cable Avail
Exterior
Foundation Slab
Roof Fiberglass, Asphalt
# of Parking Spaces 20
Parking None
Exterior Features Trash Private, Bus-School
Amenities / Utilities
Water Source Public
Location
Elementary School Lee
Middle School Lee
High School Lee
APN M:012 B:0A L:0000-0190.0
Zoning Multi
Directions Main St. To Franklin St. Behind Dentist Office.
Multifamily Details
Total # of Units 15
$1.5M
Range: $827K-$2.18M
Last 30 days 
  • Nov 2013
    mls logo MLS # 202439
  • Nov 1, 2013 Sold
    $685,000 (-13.8%)
  • May 24, 2013 Listed
    $795,000 (+16.1%)
  • May 2003
    Public Records
  • May 15, 2003 Sold
    $685,000
  • Year Property taxes Tax assessment
  • 2025
    $13,446 +9.1%
    $1,195,200 +8.95%
  • 2024
    $12,330 +0.2%
    $1,097,000 +5.48%
  • 2023
    $12,303 +1.9%
    $1,040,000 +17.55%
  • 2022
    $12,076 -0.4%
    $884,700 +7.08%
  • 2021
    $12,129 -0.4%
    $826,200 -0.41%
  • 2020
    $12,179
    $829,600
  • 19 Franklin St
    $685K
  • —
  • 01238
    $439K -5% y/y
  • Lee
    $523K -4% y/y
No chart available
Statistics calculated by Movoto

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6/10
Lee Elementary School
public Grades PK, K-6
Lee School District
6/10
Lee Middle/High School
public Grades 7-12
Lee School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • MA
  • Berkshire County
  • Lee
  • 01238
  • 19 Franklin St
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