$995,000

465 Chapel St Lee, MA 01238

Lee Area

Estimated payment $6,191/month

Total Views 6,558
10 Beds
9 Baths
5,690 Sq Ft
$175 Price per Sq Ft

Highlights

  • 2.5 Acre Lot
  • Victorian Architecture
  • Heating Available
  • Wood Flooring
  • Coin Laundry
  • 1-minute walk to East Lee Park

About This Home

For Sale: 9-Unit Victorian Investment Property - Prime South County Location
This is an exceptional opportunity to own a fully occupied, income-producing Victorian multifamily property set on 2.5 beautifully landscaped acres in a highly desirable South County location. Combining classic charm with strong rental performance, this property is ideal for investors seeking both stability and long-term potential-MLS listing only displays 8 units. Please see rent roll under documents.
The building features a total of nine residential units, thoughtfully configured to attract a diverse tenant base. There are two efficiency one-bedroom units, one spacious two-bedroom unit, and six standard one-bedroom units, each offering a comfortable layout with a living room and full kitchen. The property is currently fully occupied, providing immediate and consistent rental income. It has a strong occupancy history and appealing unit mix contribute to long-term tenant retention and investment reliability.
The grounds are beautifully landscaped, enhancing curb appeal while offering a pleasant environment for residents. The expansive 2.5-acre lot provides a sense of privacy and space that is rarely found in multifamily properties of this size.
Additional amenities include private parking for up to 16 vehicles, ensuring convenience for tenants, as well as a coin-operated washer and dryer that generates supplemental income. A storage shed is also located on the property, offering space for maintenance equipment or tenant use.
Recent updates include a furnace and chimney liner that are both less than one year old, helping to reduce immediate capital expenses and improve overall efficiency.
An extra lot is included with the sale, presenting potential for future development, expansion, or added value.
This is a turnkey investment opportunity in a desirable location, offering immediate income with room for future growth. Financial details are available upon request for qualified buyers.

Listing Agent

Tim Gallagher

STONE HOUSE PROPERTIES, LLC License #9573698 Listed on: 05/19/2026

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,741

Year Built

  • Built in 1880

Home Design

  • 5,690 Sq Ft Home
  • Victorian Architecture
  • Wood Frame Construction
  • Asphalt Roof
  • Log Siding
  • Vinyl Construction Material

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Full Bathrooms

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Laundry in Basement

Schools

  • Lee Elementary And Middle School
  • Lee High School

Utilities

  • Heating Available
  • Natural Gas Water Heater

Additional Features

  • Outbuilding
  • 2.5 Acre Lot

Community Details

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Water Meter

Additional Features

  • 9 Units
  • Coin Laundry

Property Details

Property Type

Other

Est. Annual Taxes

$8,741

Year Built

Built in 1880

Lot Details

2.5 Acres

Listing Details

  • Property Type: MultiFamily
  • Directions: Heading into downtown Lee, go east on Rt 20 (Chapel Street) toward Becket. Pass the Lee Outlet Village, subjectt property on the left side.
  • Year Built: 1880
  • Co List Office Mls Id: 210
  • Co List Office Phone: 413-232-4253
  • Architectural Style: Victorian
  • Has Heating?: Yes
  • Basement: Unfinished, Concrete Floor, Interior Access, Bulk head, Exterior Entrance
  • Style: Victorian
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Basement: Exterior Entrance
  • Living Area: 5690.0
  • Full Bathrooms: 9
  • Total Bedrooms: 10
  • Flooring: Linoleum, Wood

Exterior Features

  • Roof: Asphalt
  • Construction Type: Log Siding, Wood Frame, Vinyl
  • Exterior Features: Outbuilding

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Garaged

Utilities

  • Sewer: Public Sewer
  • Laundry Features: In Basement, Coin Op
  • Water Source: Public
  • Hot Water: Nat Gas

Condo/Co-op/Association

  • HOA Rent Includes: Heat, Hot Water, Electric, Trash Removal, Parking

Schools

  • Middle Or Junior School: Lee

Lot Info

  • Lot Dimensions: 108,900
  • Lot Size Sq Ft: 108900.0
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8741.0
  • Tax Book Number: 5415

Multi Family

  • Number Of Units Total: 9
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Water Meters: 1

MLS Schools

  • Elementary School: Lee
  • High School: Lee

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,741 $777,000 $207,500 $569,500
2024 $8,058 $716,900 $196,200 $520,700
2023 $7,971 $673,800 $172,600 $501,200
2022 $8,310 $608,800 $154,000 $454,800
2021 $8,368 $570,000 $147,900 $422,100
2020 $8,473 $577,200 $143,600 $433,600
2019 $8,433 $570,600 $137,000 $433,600
2018 $8,304 $567,600 $134,000 $433,600
2017 $8,142 $553,100 $127,400 $425,700
2016 $8,023 $551,000 $125,300 $425,700
2015 $7,320 $519,900 $125,300 $394,600
2014 $7,088 $500,900 $77,400 $423,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2026 05/09/26 For Sale $995,000 0.0% $175 / Sq Ft
03/14/2024 03/14/24 Price Changed $875 0.0% $3 / Sq Ft
03/12/2024 03/12/24 For Rent $875 0.0% --
07/31/2014 07/31/14 Sold $575,000 -9.4% $101 / Sq Ft View Prior Sale
07/02/2014 07/02/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $635,000 -- $112 / Sq Ft
Source: Berkshire County Board of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed $575,000 --
Deed $447,000 --
Source: Public Records

Source: Berkshire County Board of REALTORS®

MLS Number: 249582

Berkshire County Board of REALTORS®
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