Gomberg Report >
Massachusetts

Updated 10/14/2011
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Suffolk County | Middlesex County | Essex County | Norfolk County | Hampden County | Bristol County | Worcester County | Plymouth County | Barnstable County | Hampshire County | Berkshire County | Franklin County
 

Suffolk County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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 Dorchester
37 unit
390,724
8.84
93,243
1968 Brick garden style apartment building with 3 studios, 19 1BR and 15 2BR units. Electric baseboard heat paid by tenants. Off-street parking and coin-op laundry.
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Middlesex County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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 Framingham
No current listing
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Essex County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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 Haverhill
No current listing
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Norfolk County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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Quincy
No current listing

 

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Hampden County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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 Chicopee
21 unit
NOI =
145,500
71,428
Located in neighborhood of single and two family homes. This brick portfolio is comprised of a 12 unit, an 8 unit and a single family. Two of the properties are adjacent to each other & the third is less than a block away. There are 12 2BR, 6 4BR and 3 3BR units. Rents are solid and vacancy is low. Almost all rents are market rate except one or two.  The roof 2 years old, all separate electric (circuit breakers), coin-op laundry, off Street assigned parking, vinyl wrapped windows ,all units de-leaded (with certificates), hardwood floors, natural woodwork,and most of the kitchens have newer cabinets.
 Springfield
No current listing
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Bristol County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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 Taunton
No current listing
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Worcester County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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 Worcester
17 unit
170,000
7.93
79,411
Brick garden style buildings (5,6, and 6 unit) with 2 studios, 8 1BR and 7 2BR units. Additional income from laundry and storage. Oil heat paid for by owner.
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Plymouth County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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 Hull
No current listing
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Barnstable County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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Hampshire County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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 Belchertown
No current listing

 

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Berkshire County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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 Lee
No current listing
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Franklin County
Town
Property Description
Asking Price
Gross Income
Gross Multiplier
PPU
Comments
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 Northfield
12 unit
101,419
4.35
Apartment building situated on 6 acres of land. 12,000 sq. ft. of living area. Only one current vacancy.