73 Melrose St Adams — Photo 1 of 20
$300,000
Investment Analysis — 73 Melrose St
Adams, MA 01220
Based on HUD Small Area Fair Market Rent for Pittsfield, MA HUD Metro FMR Area, a 2-bedroom in 01220 carries an estimated $1,420/mo in gross rent — about a 3.12% cap rate and $9,351/yr in estimated NOI at the $300,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
936
Style
Single Family
Built
1958
Welcome to 73 Melrose St in Adams! This charming 2-bedroom, 1-bath home offers 936 square feet of living space and sits on a generous lot with plenty of outdoor space. Built in 1958, the property offers a great opportunity for a buyer looking for a manageable home with room to enjoy the outdoors. Conveniently located close to downtown Adams, local shops, restaurants, and area amenities, while still offering a comfortable residential setting. With its spacious lot and convenient location, this property is a great opportunity for all! Please text listing agent for all showings.
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: 468 sq ft (the lesser of 900 sq ft or half the 936 sq ft principal dwelling). Lot size: 8,276 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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: Isaac Santana
Listing Office: BKaye Realty
MLS® Number: 73572671
