499 South St - Apartments FOR SALE


Pittsfield, MA 01201
$299,900 USD
413-770-7712
499 South St, Pittsfield, MA for Sale
$299,900 USD
Apartments - FOR SALE
1/25
null | 13.8% Cap Rate

499 South St
Pittsfield, MA 01201


OVERVIEW

This fully occupied duplex offers solid cash flow potential at an affordable price point of $299,900. Situated on nearly half an acre, the property includes a massive three-car garage with a single bay door, providing additional income potential through storage or rental use. Both units are currently rented, offering immediate income, and the property has room for value-add improvements over time. The duplex presents an excellent opportunity for investors to enhance rental potential and overall value through thoughtful updates while maintaining occupancy. With its combination of built-in rental income, a large outbuilding with flexible uses, and a competitive price, this property is an attractive addition to any investment portfolio. RENT ROLL Unit 1: 3bed 1.5bath $1,950 Unit 2: 3bed 1bath $1,200 Garage & Yard: $1,000 - Currently occupied by owner, willing to commit to 1 year lease Advertised cap rate and NOI are approximations - buyer must do their own due diligence prior to sale.

FOR SALE DETAILS

PRICE

$299,900 USD

PRICE/SF

$113 USD /SF

# OF UNITS

2

PRICE/UNIT

$149,950

CAP RATE

13.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Duplex with Large Garage & Strong Rent Roll

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1904

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

RM

APN/PARCEL ID

PITT-000006H-000003-000006

ASK ABOUT THIS PROPERTY

Cameron VolastroStone House Properties LLCMore Info
413-770-7712

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Cameron VolastroStone House Properties LLCMore Info
413-770-7712

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.