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Canceled

168-174 Elm, Pittsfield MA 01201

$599,900

Estimated $1,678.73/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $199,966.67

Total Rent: 51240/year

Estimated CAP Rate: 7.13%

3 Bedrooms

3 Full Baths

5,640 SqFt

Total Parking: 3

9,568 SqFt

Welcome to this exceptional mixed-use building that combines residential and commercial opportunities in one of the most sought after areas in Pittsfield .This property features 3 great apartments and two storefronts, making it ideal for investors or entrepreneurs looking to capitalize on a vibrant local community. RESIDENTIAL UNITS The building boasts three spacious apartments, each designed with comfort and convenience in mind. Welcoming and easy to rent based on desirable location. COMMERCIAL SPACES The ground floor is comprised of two storefronts, offering endless possibilities for businesses. One storefront is currently occupied by a long-term tenant, providing instant income and stability. The second store front is available and presents a fantastic opportunity for someone looking to start or expand their business in a prime location. With high foot traffic and great visibility, this space is perfect to make your vision come to light!

This home has been viewed 89 times

Last Checked: January 12th, 2025 at 5:19am (Source: MLS PIN #73287959)

Gross Income: $51,240

Gross Expenses: $8,472

Net Income Calc: $42,768

CAP Rate: 7.13%

Annual Expenses for 168-174 Elm, Pittsfield MA 01201

Total Gross Expenses (Calculated)$8,472/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,472

Annual Income & Unit Breakdown for 168-174 Elm, Pittsfield MA 01201

Total Gross Income (Calculated)$51,240

Unit 1

Rental Income$1,070

LeaseN

Bedrooms1

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none)

Unit 2

Rental Income$1,200

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none)

Unit 3

Rental Income$1,250

Lease

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none)

General Information for 168-174 Elm, Pittsfield MA 01201

Listing ID73287959

Property TypeMulti Family / 3 Family

Price$599,900 ($106.37/SqFt)

Style3 Family

CityPittsfield

CountyBerkshire

MLS Area

Neighborhood(s)

Approximate Living Area Total5,640 SqFt

Approximate Lot Size (Acres)0.22 acres

Total Parking3

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCorner Lot, Zero Lot Line

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningMulit

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 168-174 Elm, Pittsfield MA 01201

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$51,240

Total Net Income By Broker$51,240

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 168-174 Elm, Pittsfield MA 01201

Real Estate Taxes$8,472

Tax Year2024

Assessed Value$312,500

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$51,240

BostonRealEstate.com Gross Income

Total Net Income By Broker$51,240

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.13%

Location Information for 168-174 Elm, Pittsfield MA 01201

Elementary SchoolEgremont

Middle SchoolHerberg

High SchoolPittsfield

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Park, Laundromat, Public Transportation

Contact Information for 168-174 Elm, Pittsfield MA 01201

Agent

Name: Brenda Durant

Office

Name: Lamacchia Realty, Inc.

Phone: 413-443-7274

Payment Calculator

, Interest

Property Taxes 706

Principal & Interest 3696.39

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lamacchia Realty, Inc.

Brenda Durant

Agent Phone

Office Phone

(413) 443-7274

Text Agent Call Agent Call Office

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EXIT

Canceled

168-174 Elm, Pittsfield MA 01201

$599,900

Annual Expenses for 168-174 Elm, Pittsfield MA 01201

Annual Income & Unit Breakdown for 168-174 Elm, Pittsfield MA 01201

General Information for 168-174 Elm, Pittsfield MA 01201

Disclosures for 168-174 Elm, Pittsfield MA 01201

Financial Information for 168-174 Elm, Pittsfield MA 01201

Location Information for 168-174 Elm, Pittsfield MA 01201

Contact Information for 168-174 Elm, Pittsfield MA 01201

Agent

Office

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Exclusive Listing Agent

Lamacchia Realty, Inc.

Brenda Durant