Rita Thieme Sells Milford, MA 4-Family Income Property.
Rita Thieme, a Realtor with ERA Bay State Realty of Millis and Upton, MA is pleased to announce that her listing at 8 Main St. Milford is under agreement for a sales price of $525,000.
The 4-family has been on the market only a month and there were many interested parties. However, a seasoned investor recognized the positive cash flow and the quality of the buildings.
ERA Bay State Realty and Rita Thieme are unique agents for the buying and selling of income properties. They offer a comprehensive pricing analysis such as evaluating the gross rent multiplier and capitalization rates. In addition they provide their clients with rent-roll and profitability projections to determine return on investment.
The current rents on a target property, as well as expected expenses are combined with projections for future changes in property values, expenses, major capital improvements and more. The information is then calculated to assist the owner or prospective owner in making financial decisions.
Rita offers decision-making resources for individuals and businesses that are buying and selling income properties.
ERA Bay State Realty has been a fixture in the Metrowest real estate market for more than 35 years.
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