Excellent investment opportunity in North Adams! This well-maintained multi-family property features 3 income-producing units with additional value-add potential. The fully renovated basement studio is currently rented for $1,000/month. Apartment 2, located on the first floor, has been completely renovated and is currently vacant and marketed for rent at $2,000/month, making it ideal for an owner-occupant or investor seeking increased cash flow. Apartment 3 is currently rented for $1,300/month. The property also includes an attic space with potential to be converted into a 2-bedroom, 1-bath unit, offering the possibility to turn this property into a 4-unit building, subject to buyer due diligence and city approvals. Conveniently located near downtown, shopping, restaurants, and local attractions. Some photos of Apartment 2 have been virtually staged.
This home has been viewed 10 times
Last Checked: May 24th, 2026 at 6:03am (Source: MLS PIN #73521202)
Gross Income: $51,000
Gross Expenses: $4,291
Net Income Calc: $46,709
Water Views
Annual Expenses for 86 W Main St, North Adams MA 01247
Total Gross Expenses (Calculated)$4,291/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax2383
Annual Income & Unit Breakdown for 86 W Main St, North Adams MA 01247
Total Gross Income (Calculated)$51,000
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms3 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms3 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 86 W Main St, North Adams MA 01247
Listing ID73521202
Property TypeMulti Family / 3 Family
Price299000 ($110.74/SqFt)
Style3 Family
CityNorth Adams
CountyBerkshire
Neighborhood(s)
Approximate Living Area Total2700
Approximate Lot Size (Acres)0.05
Total Parking0
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRES
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 86 W Main St, North Adams MA 01247
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceAppraiser
ExclusionsTree House
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 86 W Main St, North Adams MA 01247
Real Estate Taxes2383
Tax Year2025
Assessed Value$142,600
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 86 W Main St, North Adams MA 01247
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 86 W Main St, North Adams MA 01247