Video Tour - 1 Lyonsville Road, Colrain, MA 01340

by Cathy Roberts 09/07/2022

MultifamilySold
List Price $325,000
Sold Price $300,000
1 Lyonsville Road
Colrain, MA 01340
7Beds
4Baths
4,356Sq Ft
Est. Mortgage
$1,778/mo

Here is an opportunity to own a 4-unit apartment building with excellent rental income, perfect for the owner occupant or investor. Conveniently located in the heart of Colrain, the 1.64 acre lot is open and inviting offering a fabulous garden area with mountain and farmland views. Updates from 2015 – 2016 include installation of a new well, updated wiring, new exterior fire stairs, new boiler, re-shingle half of the roof and new cupboards apt B. There is a single attached garage and a finished, heated, bonus room, currently being used for storage. Apartments units are 2 up and 2 down offering spacious living areas. A total of 1.64 acres is comprised of 3 contiguous parcels. Map1240 Blocks 1, 2 and 3. Tenants to be allowed to stay if they desire in the premises for an additional 3 months at the current rental rate from date of closing. See Disclosure section for additional disclosures.

Learn more about this property
About the Author
Author

Cathy Roberts

Trusted Advisor, Friend, and Neighbor

With 20 years’ experience in real estate and mortgage lending, along with deep roots in Franklin County, Cathy is the real estate expert with both local knowledge and a global network at her finger tips. Cathy connects with her clients, actively and respectfully listening to what their needs are, and delivers results for them, time and again.

Cathy understands the complexity of the lending side of real estate transactions, and brings in-depth knowledge to both buyers and sellers. Cathy is also the recipient of the coveted 10 Best Real Estate Agent for Client Satisfaction two years in a row in Massachusetts.

Cathy covers Franklin and Hampshire counties in the Pioneer Valley of western Massachusetts. Whether you're in the research phase at the beginning of your real estate search or you know exactly what you're looking for, you'll benefit from having a real estate professional by your side. Cathy would be honored to put her real estate experience to work for you.