38-40 Grove St Pittsfield — Photo 1 of 26
$289,900
Investment Analysis — 38-40 Grove St
Pittsfield, MA 01201
Based on rent reported on the MLS listing, a 2-unit multi-family in 01201 carries $2,950/mo in gross rent — about a 8.30% cap rate and $24,075/yr in estimated NOI at the $289,900 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
2
SqFt
2,060
Style
Multi Family
Built
1920
Two-family flat ideally located and offering an excellent opportunity for investors . Each apartment features 3 bedrooms and separate utilities. The property is serviced by public water and sewer and includes two electric meters, two boilers, and two hot water heaters, with natural gas heating and hot water. The first-floor unit features a newer kitchen. The second-floor unit offers an enclosed rear porch, plus an additional room that could be used as an office, den, or flexible living space. Conveniently located near Berkshire Medical Center, schools, restaurants, laundromats, gas stations, grocery stores, downtown cultural attractions, and other Berkshire amenities.This is a great opportunity to own a well-located multifamily property with excellent potential for investment . Don't miss this opportunity!
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Medical Facility • Public School
Geography
Listing Agent: Jose Larios
Listing Office: BDH Real Estate, Inc
MLS® Number: 73567728
