Introducing a premier investment in the historic Berkshires, a fully occupied multi-family, comprising six units: four (2-bed, 1-bath), one spacious (2-bed,1.5-bath), one commercial unit. Nestled in the prestigious town of Williamstown, Massachusetts, this prime location offers seamless access to New York City and Boston. Renowned for its rich cultural and academic scene, Williamstown is home to Williams College, the Clark Art Institute, and the celebrated Williamstown Theater Festival. The region’s thriving tourism industry further strengthens the market’s appeal to investors looking for stability and potential rent growth. 290 Cole Avenue may be purchased individually or alongside other adjacent multi-family properties that are available for sale. Each offering projects capitalizations of approximately 9% or better! Inquire for more details on financial records and projections.
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Last Updated: March 14th, 2025 at 7:13am
Gross Income: $75,300
Gross Expenses: $6,536
Net Income Calc: $68,764
CAP Rate: 8.39%
Annual Expenses for 290 Cole Avenue, Williamstown MA 01267
Total Gross Expenses (Calculated)$6,536/year
APOD AvailableYes
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$6,536
Annual Income & Unit Breakdown for 290 Cole Avenue, Williamstown MA 01267
Total Gross Income (Calculated)$75,300
Unit 1
Rental Income1525
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income1800
LeaseY
Bedrooms2
Bathrooms1 Full, 1 Half
Floor3
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income1525
LeaseY
Bedrooms2
Bathrooms1 Full, 1 Half
Floor3
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income1425
LeaseY
Bedrooms2
Bathrooms1 Full
Floor
Levels in Unit1
HeatingNo
Rent Includes
General Information for 290 Cole Avenue, Williamstown MA 01267
Listing ID73340819
Property TypeMulti Family / 5+ Family
Price$820,000 ($144.42/SqFt)
Style
CityWilliamstown
CountyBerkshire
MLS Area
Neighborhood(s)
Approximate Living Area Total5,678 SqFt
Approximate Lot Size (Acres)0.15 acres
Total Parking4
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsRenovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningLB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 290 Cole Avenue, Williamstown MA 01267
Disclosures for 290 Cole Avenue, Williamstown MA 01267
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceProjected
Total Gross Expenses By Broker$18,500
Total Gross Income By Broker$93,300
Total Net Income By Broker$85,780
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 290 Cole Avenue, Williamstown MA 01267
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 290 Cole Avenue, Williamstown MA 01267