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Otis, MA Multifamily Home for Sale

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    $799,000

    • 6 Beds
    • 5 Baths
    • 4,016 Sq Ft

    129 W Shore Rd, Otis, MA 01253

    Otis Reservoir Deeded Access is steps away from this versatile property. Four units primarily used, on a casual basis, as vacation rentals with nightly rates ranging from $140 to $171. Current retiring owner has set the stage for the next owner to grow a highly profitable venture. Most furniture, fixtures and supplies convey so the new owner can hit the ground running. Portions of the

    Karen Chenausky Cetto Real Estate

    129 W Shore Rd, Otis, MA 01253

Why Live in Otis

Otis, Massachusetts, is a small rural community nestled in the woods of the Berkshires, spanning nearly 40 square miles with a population of around 1,600 residents. The area is characterized by its dense woodlands, mountains, and several lakes, offering plenty of nature and outdoor activities such as boating, hiking, skiing, and fishing. Otis Reservoir, a nearly 2,000-acre manmade lake, is a popular spot for boaters and fishermen, with trout stocked annually by the Division of Fisheries and Wildlife. The southern shoreline of the reservoir falls into Tolland State Forest, providing additional opportunities for hiking, mountain biking, and snowmobiling. Big Pond features a beach with a designated swimming area and hosts community boating events like the Fourth of July boat parade and a summer "poker run." The town center along Massachusetts 8 includes essential services like the fire and police departments, Otis Library, and local dining options such as Paige’s Place and Knox Trail Inn. Katie’s Country Store and Papa’s community market, which hosts a farmers market from May to October, offer local groceries and comfort food. For education, Farmington River Elementary School is highly rated, and students have the option to attend Monument Mountain Regional High School, which also has high ratings. Otis is safer than the national average, providing a low crime risk environment. Housing in Otis ranges from modest manufactured homes to million-dollar lakefront properties, catering to various preferences and budgets. Major cities like Springfield, MA, and Albany, NY, are about an hour's drive away, making Otis a car-dependent community within the tri-state area.

Home Trends in Otis, MA

Housing Trends

Median Sale Price
$440,000
Median Single Family Sale Price
$459,950
Average Price Per Sq Ft
$323
Number of Homes for Sale
9
Last 12 months Home Sales
20
Months of Supply
5.40
Median List Price
$545,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
7%
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