Home Homes for Sale 48 Fourth, Pittsfield MA 01201
$264,900
$123/sqft · Pittsfield, MA
4Beds
2Baths
2,160Sqft
0.06 acresLot Size
48 Fourth, Pittsfield MA 01201
Active Listed 4 days ago
Multi Family Built in 1880 0.06 Acre Lot 2 Parking Spaces

What's Special

Multi FamilyBuilt in 18802 Parking Spaces

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!

Location

Property Details

Core Details

Property TypeMulti Family
Year Built1880
Zoning104
Stories2
MLS #73575640

Space & Sizing

Living Area2,160 sqft
Above Grade2,160 sqft
Total Rooms11
Bedrooms4
Bathrooms2
Lot Size0.06 acres

Features & Systems

Parking2 Parking Spaces
Open Parking2
FoundationStone
CoolingWindow Unit(s)
ElectricCircuit Breakers
HeatingElectric, Natural Gas
SewerPublic Sewer
Water SourcePublic

Features & Amenities

Appliances
Range Refrigerator
Interior Features
Dining Room Kitchen Living Room
Laundry Features
Washer & Dryer Hookup
Levels
2
Lead Paint
Unknown
Parking Features
Off Street Shared Driveway

Additional Information

Directions: Use GPS

Financial Details

Annual Taxes$2,704 (2026)
Assessed Value$154,500
Gross Income$36,000
Net Operating Income$36,000
Tax Book Number7635
Listed on Sep 10, 2026 Updated Sep 14, 2026 7:05 AM Berkshire County

Interested in this home?

Contact a CRA Agent or Schedule a showing today.

Colonial Realty Associates
(617) 977-6025
MLS #73575640

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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