Fantastic income-generating opportunity! This fully rented 3-family property features two spacious 3-bedroom, 1-bath units on the 2nd and 3rd floors, along with a beautifully renovated studio on the 1st floor. Each unit is separately metered, and tenants pay all utilities except water, making this a low-maintenance investment.The property also includes a large unfinished attic offering approximately 1,200 sq ft of additional potential — perfect for creating more living space or a private tenant retreat. With minimal exterior maintenance and no yard to care for, this property offers easy ownership and steady cash flow.Don’t miss this turnkey investment in the heart of North Adams — a short distance from local shops, restaurants, and cultural attractions.
This home has been viewed 55 times
Last Checked: November 27th, 2025 at 5:58am (Source: MLS PIN #73445166)
Gross Income: $44,400
Gross Expenses: $6,183
Net Income Calc: $38,217
CAP Rate: 15.29%
Annual Expenses for 86 W Main St, North Adams MA 01247
Total Gross Expenses (Calculated)$6,183/year
APOD AvailableYes
Heating
Electricity$240
Water$1,200
Gas$1,200
Insurance$2,000
Sewer$1,200
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$2,383
Annual Income & Unit Breakdown for 86 W Main St, North Adams MA 01247
Total Gross Income (Calculated)$44,400
Unit 1
Rental Income$1,000
LeaseN
Bedrooms0
Bathrooms
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,400
LeaseN
Bedrooms3
Bathrooms3 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,300
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 86 W Main St, North Adams MA 01247
Listing ID73445166
Property TypeMulti Family / 3 Family
Price$250,000 ($93.84/SqFt)
Style3 Family
CityNorth Adams
CountyBerkshire
MLS Area
Neighborhood(s)
Approximate Living Area Total2,664 SqFt
Approximate Lot Size (Acres)0.06 acres
Total Parking0
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsStone
Lot FeaturesOther, Zero Lot Line
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningRS-5
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 86 W Main St, North Adams MA 01247
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceAppraiser
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$3,800
Total Gross Income By Broker$19,100
Total Net Income By Broker$40,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 86 W Main St, North Adams MA 01247
Real Estate Taxes$2,383
Tax Year2025
Assessed Value$142,600
Financial Data SourceOwner
Total Gross Expenses By Broker$3,800
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$19,100
BostonRealEstate.com Gross Income
Total Net Income By Broker$40,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)15.29%
Location Information for 86 W Main St, North Adams MA 01247
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 86 W Main St, North Adams MA 01247