Active
2 Days on market
48 Fourth Pittsfield — Photo 1 of 24

48 Fourth Pittsfield — Photo 1 of 24

$264,900

48 Fourth, Pittsfield, MA 01201

Pittsfield, MA 01201

Investor Analysis

Beds

4

Baths

2

SqFt

2,160

Style

Multi Family

Built

1880

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!

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$123/sqft
Local Avg (Pittsfield)$170/sqft
28% BelowMarket Average

* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Pittsfield, MA.

Property Details

Financials

Original Price$264,900
Annual Taxes$2,703.75

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms11
FireplacesNone
Flooring--
BasementInterior Entry, Unfinished

Climate & Utilities

HeatingNatural Gas, Electric
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
Zoning104

Property & Lot

Acres0.06
SqFt Lot2,613
Lot Features--

Amenities & Appliances

Range • Refrigerator

Geography

Population

44,848

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$71K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

36.5%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Berkshire County

144 housing units permitted in the last 12 months (+4% vs the prior 12 months) — 19 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Veronica Monczka

Listing Office: Coldwell Banker Community REALTORS®

MLS® Number: 73575640

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