$264,900

Estimated payment $1,694/month

Total Views 591
4 Beds
2 Baths
2,160 Sq Ft
$123 Price per Sq Ft

Highlights

  • Living Room
  • Dining Room
  • Heating System Uses Natural Gas

About This Home

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!

Listing Agent

Veronica Monczka

Coldwell Banker Community REALTORS® Listed on: 09/10/2026

Coldwell Banker Community REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,704

Year Built

  • Built in 1880

Lot Details

  • 2,613 Sq Ft Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 2,160 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Interior Basement Entry
  • Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Shared Driveway
  • 2 Open Parking Spaces
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,704

Year Built

Built in 1880

Lot Details

2,613 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1880
  • Levels: 2
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • MLSPIN_BEACHFRONT_FLAG: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 4
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer & Dryer Hookup
  • Basement: Interior Entry, Unfinished
  • Above Grade Finished Sq Ft: 2160
  • Living Area: 2160
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: AN5910

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 2
  • Open Parking YN: Yes
  • Parking Features: Shared Driveway, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Zoning: 104
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2613
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 2703.75

Multi Family

  • Net Operating Income: 36000
  • Number Of Units Total: 2
  • Total Actual Rent: 3100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

Map

Range of Values:

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Value Increase
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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 $2,772 $154,500 $24,000 $130,500
2024 $1,533 $83,100 $24,000 $59,100
2023 $1,425 $77,800 $24,000 $53,800
2022 $1,331 $71,700 $21,000 $50,700
2021 $1,399 $72,700 $21,000 $51,700
2020 $1,397 $70,900 $21,000 $49,900
2019 $1,377 $70,900 $22,700 $48,200
2018 $1,371 $68,500 $22,700 $45,800
2017 $1,337 $68,100 $24,000 $44,100
2016 $1,398 $74,500 $24,000 $50,500
2015 $1,345 $74,500 $24,000 $50,500
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
09/10/2026 09/10/26 For Sale $264,900 +34.1% $123 / Sq Ft
06/06/2024 06/06/24 Sold $197,500 -1.2% $91 / Sq Ft View Prior Sale
03/26/2024 03/26/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $199,900 -- $93 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $197,500 None Available
Deed $74,000 --
Deed $22,500 --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $158,000 Purchase Money Mortgage
Previous Owner $50,000 No Value Available
Previous Owner $71,250 No Value Available
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73575640

MLS Property Information Network (MLS PIN)

APN: PITT-000009I-000002-000006

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