$1,058,000
SOLD JAN 27, 2023

40 Reed St Pittsfield, MA 01201

14 Beds
14 Baths
1,870 Sq Ft
2,466 Sq Ft Lot

Recently Sold

$566 Per Sq Ft

24% Below List Price

100 Days on Market

Highlights

  • Wood Flooring
  • Public Transportation
  • Heating System Uses Steam
  • Forced Air Heating and Cooling System

About This Home

As of January 2023

INCOME OPPORTUNITY! Centrally located brick apartment complex. Solid rental history, tenants pay own utilities. Close to downtown Pittsfield, shopping and other local Berkshire attractions. Easy access to Rt 20. Rt 9, Rt 8, and Rt 7. Off street parking. Coin operated laundry on site. A well maintained gem off the beaten path. Come see why this property may be a good addition to your portfolio!

Last Agent to Sell the Property

Anthony Riello

LAMACCHIA REALTY, INC License #9557105 Listed on: 04/14/2022

LAMACCHIA REALTY, INC

Last Buyer's Agent

Craig Kahn

ALL SEASONS REALTY GROUP License #009518377

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,942

Year Built

  • 1900

Lot Details

  • 2,466 Sq Ft Lot

Home Design

  • 1,870 Sq Ft Home
  • Brick Exterior Construction
  • Masonry

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Full Bathrooms

Unfinished Basement

  • Interior Basement Entry
  • Dirt Floor

Parking

  • No Garage
  • Off-Street Parking

Schools

  • Crosby Elementary School
  • John T Reid Middle School
  • Taconic High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Public Transportation
  • 15 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,942

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Type: Multi-Family
  • Style: Other
  • Construction: Masonry
  • Directions: South St Pittsfield to Reed St. Building will be on your right.
  • Estimated Year Built: 1900
  • Unit Style: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 14
  • Total Bathrooms: 14.00
  • Total Full Baths: 14
  • Basement: Concrete Floor | Unfinished | Interior Access | Dirt Floor
  • Insulation: Unknown
  • Interior Amenities: Cable Avail
  • Floor: Carpet | Wood | Laminate | Ceramic Tile
  • Sq Ft Liv Apx: 1870.00
  • Total Rooms: 28

Exterior Features

  • Exterior Amenities: Public Transportation within 1/2 Mile
  • Roof: Other
  • Exterior Siding: Brick

Garage/Parking

  • Parking Spaces Type: Off Street
  • Garage: None

Utilities

  • Electric Type: 100 Amp
  • Fuel: Nat Gas
  • Hot Water: Nat Gas
  • Internet Service: Cable Available | Satellite Available | Dial Up Available | DSL Available
  • Sewer: Public
  • Underground Oil Tank: Unk
  • Water: Public
  • Flood Hazard Area: Unk
  • Electric Meters Number: 15
  • Heat Cool Vent: Forced Air | Steam
  • Heat Cool Vent Air Exchange System: No
  • Heating Sys Number Heating Sys Number: 13
  • Hot Wtr Sys Number Hot Wtr Sys Number: 14

Schools

  • Elementary School: Crosby
  • Middle School: John T Reid
  • High School: Taconic

Lot Info

  • Estimated Acres: 0.06
  • Total Assessed Value: 481800.00
  • Assessed Year: 2022.00
  • Lot Size Sq Ft: 2466.00
  • Map Ref: PITT M:H08 B:0003 L:005
  • Right To Farm Comm: Yes
  • Zoning: Multi | Residential
  • Land Use Water Shed: No
  • Lot Dimensions: 2466

Rental Info

  • Included In Rent: None

Tax Info

  • Taxes: 8942.00
  • Tax Year: 2022

Multi Family

  • No Of Units: 9 or More

MLS Schools

  • Elementary School: Crosby
  • High School: Taconic
  • Middle School: John T Reid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 1993
Sold by
Greenland Dev Corp
Bought by
Shirley William N and Shirley Janice M
Current Estimated Value
$238,333
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $105,000 --
Deed $105,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $802,500 Commercial
Closed $802,500 Commercial
Closed $445,000 Commercial
Open $2,500,000 No Value Available
Closed $42,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $1,058,000 -15.4% $566 / Sq Ft
07/20/2022 07/20/22 Price Changed $1,250,000 -7.1% $668 / Sq Ft
06/04/2022 06/04/22 Price Changed $1,345,000 -3.6% $719 / Sq Ft
04/14/2022 04/14/22 For Sale $1,395,000 +87.2% $746 / Sq Ft
06/28/2019 06/28/19 Sold $745,000 -9.0% $83 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
08/14/2018 08/14/18 For Sale $819,000 -- $91 / Sq Ft
Source: Berkshire County Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,339 $186,100 $48,800 $137,300
2024 $2,956 $160,200 $48,800 $111,400
2023 $1,971 $107,600 $44,200 $63,400
2022 $1,930 $104,000 $44,200 $59,800
2021 $1,950 $101,300 $44,200 $57,100
2020 $1,890 $95,900 $40,800 $55,100
2019 $1,505 $77,500 $34,000 $43,500
2018 $1,666 $75,400 $34,000 $41,400
2017 $1,629 $83,000 $38,200 $44,800
2016 $1,488 $79,300 $38,200 $41,100
2015 $1,432 $79,300 $38,200 $41,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Berkshire County Board of REALTORS®

MLS Number: 237312

Berkshire County Board of REALTORS®

APN: PITT-000008H-000003-000005