Renovated Live-Work Historic
107 S Main St, Sheffield, MA 01257
MULTI_FAMILY - Colonial, Split Level - Sheffield, MA
Property size:
1,765 SFLot size:
1.51 AcresPrice / SF:
$271/SF- Added:
- Apr 9, 2026
- Days on Market:
- 70
- Last Refresh:
- Jun 17 at 12:06 am
Property Features for 107 S Main St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 3, Basement
- Parking
- 4
- Interior features
- Cable Avail, Central Vacuum, Fireplace(s), High Speed Wiring, Inlaw/ Guest Qtrs, Walk-In Closet(s)
- Exterior features
- Barn/Stable
- Fireplace
- 1
- Basement
- Dirt Floor
- Appliances
- Washer, Refrigerator, Range, Range Hood, Dryer, Dishwasher, Built-In Gas Oven, Built-In Electric Oven
- Standard status
- Active
- APN
- SHEF M:024.0 B:0001 L:0040.0
- Size
- 1,765 SF
- Lot size
- 1.51 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4499
Utilities
- Utilities
- Cable Available
- Sewer type
- Private Sewer
- Heating system
- Radiant, Oil
- Water source
- Public
Building Details
- Year built
- 1793
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Laminate, Wood
- Building materials
- Wood Frame, Clapboard
- Roof type
- Asphalt
- Architectural style
- Split Level, Colonial
Listing agent Judi Panzano License #9585682 (203) 209-8769
Listing office HOUSATONIC REAL ESTATE 113 Bridge Street, Housatonic, MA (413) 274-5065
Listing date Apr 9, 2026
MLS# 249116
Listing URL
Copyright © 2026 Berkshire County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 1793 main residence with fireplace, Central Vacuum, and high‑speed wiring
- Separate 1‑bedroom apartment with its own entrance for guest or income flexibility
- Renovated home with a new sealed basement and public utilities including public water and cable availability
- Set on 1.5 acres with protected wetland views
- Adjacent 1,200 SF three‑bay barn with electricity; commercial/residential zoning for gallery, studio, office, or home business use
- Heating includes oil radiant heat; roof is asphalt
Overview
This distinctive live-work property includes a renovated main residence originally dating to 1793, with modern systems and a new sealed basement. A separate one-bedroom apartment offers its own entrance, creating flexible options for rental income or guest use. The setting is complemented by an adjacent 1,200-square-foot three-bay barn with electricity, providing additional enclosed space for gallery, studio, office, or home business operations.
The property is located at 107 S Main St in Sheffield, Massachusetts. It sits on 1.51 acres and is described as having protected wetland views. The listing notes commercial/residential zoning, which supports both inside-use activities in the barn and live occupancy in the main residence.
For an owner-operator, this configuration can support combining a residence with a dedicated work or client space, without giving up privacy. The separate apartment and distinct entrances can also help accommodate multi-use living arrangements or supplement occupancy with an independent unit. For a creative or professional tenant/buyer seeking unusual, move-in ready space, the electrified barn and zoning flexibility provide a practical pathway for a range of studio, office, and home business uses.
The property is located at 107 S Main St in Sheffield, Massachusetts. It sits on 1.51 acres and is described as having protected wetland views. The listing notes commercial/residential zoning, which supports both inside-use activities in the barn and live occupancy in the main residence.
For an owner-operator, this configuration can support combining a residence with a dedicated work or client space, without giving up privacy. The separate apartment and distinct entrances can also help accommodate multi-use living arrangements or supplement occupancy with an independent unit. For a creative or professional tenant/buyer seeking unusual, move-in ready space, the electrified barn and zoning flexibility provide a practical pathway for a range of studio, office, and home business uses.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.1k | $21.60 |
| − Vacancy | −$507 | −$0.29 |
| EGI | $37.6k | $21.31 |
| − OpEx | −$11.3k | −$6.39 |
| NOI | $26.3k | $14.92 |
1,765 SF · lease $21.60/SF/yr · vacancy 1.33% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$376.2K
$329.2K – $438.9K
NOI $26,332 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$344.6K
$301.5K – $402.0K
NOI $24,120 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$516.8K
$452.2K – $602.9K
NOI $36,175 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Silk's Variety
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Sheffield
- County
- Berkshire
- State
- Massachusetts
- Longitude
- -73.354958
- Latitude
- 42.104213
Nearby Similar for Sale
FAQs
What type of property is this?
Live-work space - Move-in ready main residence with separate apartment and an adjacent electrified barn suited for studio or office use.
Where is this live-work space located?
The property is located at 107 S Main St Sheffield, MA.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: 1793 main residence with fireplace, Central Vacuum, and high‑speed wiring; Separate 1‑bedroom apartment with its own entrance for guest or income flexibility; Renovated home with a new sealed basement and public utilities including public water and cable availability
