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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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48 Fourth , Pittsfield, MA 01201
$264,900
Est. Payment: $588.67/mo
4 Bed
2 Bath
2160 Sqft
Status: Active | Days on site: 7
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AN5913 - CN237566
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House Description

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!

Highlights

Listed by Veronica Monczka , 413-426-8683 Coldwell Banker Community REALTORS® , 413-586-8355.

Property Type

Multi-Family

Lot/Acreage
0.06

Year Built

1880

County

Berkshire

Listing ID

73575640

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Range, Refrigerator
Air Cond:Window Unit(s)
Fireplaces:
Other:
  • Additional:Living Room, Dining Room, Kitchen
Water:Public

Exterior Features

Garage Capacity:2
Zoning:104
Sewer:Public Sewer
Parking Features:Shared Driveway,Off Street,Parking Spaces: 2
Principal Interest
$589
Taxes
$225

Home Price

$264,900

Loan Details

30 yrs
%

Down Payment

20%
$52,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$588.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $588.67 $225.31 $0.00 $813.98
Yearly $7,064.00 $2,703.75 $0.00 $9,767.75
Total $211,920.00 $81,112.50 $0.00 $293,032.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Pittsfield, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.