23 Walnut St Pittsfield — Photo 1 of 10
Recent Drop: $20,000
$179,000
Investment Analysis — 23 Walnut St
Pittsfield, MA 01201
Based on HUD Small Area Fair Market Rent for Pittsfield, MA HUD Metro FMR Area, a 4-bedroom in 01201 carries an estimated $2,690/mo in gross rent — about a 11.73% cap rate and $21,001/yr in estimated NOI at the $179,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,493
Style
Single Family
Built
1895
Opportunity awaits with this home offering approximately 1,493 square feet of living space on a generous 12,807 sq. ft. lot. This property presents a great starter-home opportunity with solid bones and plenty of potential for updates and personalization. The spacious lot provides ample room for outdoor enjoyment and future improvements. With some TLC, this home offers an excellent opportunity to bring your vision to life. Conveniently located near Pittsfield shopping, dining, schools, and local amenities.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 747 sq ft (the lesser of 900 sq ft or half the 1,493 sq ft principal dwelling). Lot size: 12,807 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater
Geography
Property History
$179,000
Was $189,000
Sep 9, 2026
MLS® 73566686
$189,000
Was $199,000
Aug 31, 2026
MLS® 73566686
$199,000
Aug 21, 2026
MLS® 73566686
Listing Agent: Derek Greene
Listing Office: The Greene Realty Group
MLS® Number: 73566686
