48 Fourth Pittsfield MA 01201 | MLS #73575640

48 Fourth
Pittsfield, MA, 01201
$264,900
4 Beds
2 Baths
2,160 SqFt
0.06 Acres
$264,900
48 Fourth
Pittsfield, MA, 01201
MLS #73575640 image #0
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!

Property Details

Price:
$264,900
MLS #:
73575640
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Listed Date:
Sep 10, 2026
Finished Sq Ft:
2,160
Total Sq Ft:
2,160
Lot Size:
2,613 sqft / 0.06 acres (approx)
Year Built:
1880
Units:
2

Schools

Interior

Above Grade Finished Area
2160
Appliances
Range, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Window Unit(s)
Heating
Natural Gas, Electric
Interior Features
Living Room, Dining Room, Kitchen
Laundry Features
Washer & Dryer Hookup
Levels
2

Exterior

Open Parking Spaces
2
Open Parking YN
1
Parking Features
Shared Driveway, Off Street
Parking Spots
2
Parking Total
2
Stories
2

Financial

Net Operating Income
$36,000
Tax Year
2026
Taxes
$2,704
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Current real estate data for Multi Family in Pittsfield as of Sep 18, 2026
16
Multi Family Listed
59
Avg DOM
103
Avg $ / SqFt
$312,200
Avg List Price

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Property Summary

    48 Fourth Pittsfield MA is a Multi Family for sale in Pittsfield, MA, 01201. It is listed for $264,900 To schedule a showing of MLS#73575640 at 48 Fourth in Pittsfield, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
48 Fourth
Pittsfield, MA