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48 Fourth, Pittsfield MA 01201

$264,900

Estimated $655/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $132,450

Total Rent: 36000/year

Estimated CAP Rate:

4 Bedrooms

Baths

2160

Total Parking: 2

2,613 (0.06)

Attention Investors & Portfolio Builders! Exceptional turn-key opportunity to acquire a high-yield, fully leased 2-family home in Pittsfield. Built in 1880, this solid Colonial-style income-producer delivers an ideal layout optimized for low landlord overhead and immediate, stable cash flow from day one. A standout feature of this asset is the entirely separate utility infrastructure, substantially lowering your operational expenses. The downstairs unit (Unit 1) features a comfortable 5-room, 2-bedroom, 1-bathroom unit. The sprawling upstairs unit (Unit 2) offers a spacious 6-room configuration, including 2 traditional bedrooms plus a flexible bonus room—perfect as a 3rd bedroom or home office—complete with its own dedicated in-unit laundry room. With separate meters in place, the tenants handle their own primary utility bills, keeping your net operating income predictable and protected. Both units are used as 3 Bedroom units. The property sits on a low-maintenance 2,613 sq. ft. lot requiring minimal seasonal landscaping or upkeep, and includes essential off-street parking. Structurally sound with an interior-access fieldstone foundation and durable asphalt shingle roofing, this building has been well-maintained. Positioned just moments from downtown Pittsfield, tenants enjoy unparalleled convenience with immediate proximity to local employment hubs, public transit lines, commuter routes, public parks, dining, and retail centers. If you are looking to execute a stable buy-and-hold strategy and clear a strong capitalization rate with active tenant leases already in place, 48 Fourth Street represents an incredibly strategic addition to your real estate portfolio. The low FY2026 residential tax rate further bolsters your bottom line. Do not miss this low-overhead, high-demand multi-family asset. Schedule your walkthrough today!

This home has been viewed 6 times

Last Checked: September 16th, 2026 at 7:53am (Source: MLS PIN #73575640)

Gross Income: $36,000

Gross Expenses: $2,703

Net Income Calc: $33,297

Water Views

Annual Expenses for 48 Fourth, Pittsfield MA 01201

Total Gross Expenses (Calculated)$2,703/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax2703.75

Annual Income & Unit Breakdown for 48 Fourth, Pittsfield MA 01201

Total Gross Income (Calculated)$36,000

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 48 Fourth, Pittsfield MA 01201

Listing ID73575640

Property TypeMulti Family

Price264900 ($122.64/SqFt)

StyleMulti Family

CityPittsfield

CountyBerkshire

Neighborhood(s)

Approximate Living Area Total2160

Approximate Lot Size (Acres)0.06

Total Parking2

Garage Parking0

Year Built1880

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof Material

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

Zoning104

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 48 Fourth, Pittsfield MA 01201

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings.

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 48 Fourth, Pittsfield MA 01201

Real Estate Taxes2703.75

Tax Year2026

Assessed Value$154,500

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 48 Fourth, Pittsfield MA 01201

Neighborhood(s)

Area Amenities

Contact Information for 48 Fourth, Pittsfield MA 01201

Agent

Name: Veronica Monczka

Office

Name: Coldwell Banker Community REALTORS®

Phone: 413-586-8355

Payment Calculator

, Interest

Property Taxes 225.31

Principal & Interest 1632.23

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Community REALTORS®

Veronica Monczka

Agent Phone

Office Phone

(413) 586-8355

Text Agent Call Agent Call Office

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EXIT

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