Two-Family Residential Income
11 Burnham St North Adams, MA 01247
New
11 Burnham St, North Adams, MA, 01247
$274,900
For Sale
$274,900
Well-maintained two-family residence with two bedrooms per unit, individual laundry, and off-street parking plus a two-car garage.
Property Size1,682 SF
Price / SF$163.44
Days on Market6
Property Features for 11 Burnham St
General Information
- Standard status
- Active
- Size
- 1,682 SF
- Property subtype
- MultiFamily
Building Details
- Year Built
- 1900
Listing agency
Lamacchia Realty, Inc. - Dalton
(413) 329-4780
Listed by
Jim Thurston
(413) 329-4780
Source
Lockandkeyre
Added: Jul 17 Updated: Jul 21 at 2:32PM Checked: Jul 21 at 2:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lamacchia Realty, Inc. - Dalton
Investment Insights
Based on property information with market context.
This well-maintained two-family home offers two separate units, each featuring two bedrooms and its own laundry facilities. The first-floor layout includes a closed-in porch that overlooks the backyard, while the second-floor unit includes a smaller enclosed area near the back stairs. The property also provides substantial outdoor and parking space, supported by a large two-car garage and an expansive driveway with off-street parking.
The home is located in North Adams, MA, and sits on nearly an acre of land. The exterior configuration supports practical day-to-day use for tenants, with dedicated laundry within each unit and ample parking for vehicles.
While the property is in solid condition, the seller notes there is room for a little TLC to help maximize the home’s overall presentation.
The home is located in North Adams, MA, and sits on nearly an acre of land. The exterior configuration supports practical day-to-day use for tenants, with dedicated laundry within each unit and ample parking for vehicles.
While the property is in solid condition, the seller notes there is room for a little TLC to help maximize the home’s overall presentation.
Key Highlights
- Two‑family home built in 1900 in North Adams on nearly 1 acre of land
- 2 bedrooms in each apartment, with separate laundry facilities for both units
- Expansive driveway offering ample off‑street parking
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 | $36.3k | $21.60 |
| − Vacancy | −$483 | −$0.29 |
| EGI | $35.8k | $21.31 |
| − OpEx | −$10.8k | −$6.39 |
| NOI | $25.1k | $14.92 |
1,682 SF · lease $21.60/SF/yr · vacancy 1.33% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$358.5K
$313.7K – $418.2K
NOI $25,094 @ 7.0% cap · market cap 9.13%
Second Best
Apartment 5plus
$328.4K
$287.3K – $383.1K
NOI $22,986 @ 7.0% cap · market cap 8.36%
Theoretical Best
Office A
$492.5K
$430.9K – $574.6K
NOI $34,474 @ 7.0% cap · market cap 12.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-family residence with two bedrooms per unit, individual laundry, and off-street parking plus a two-car garage.
Where is this duplex located?
The property is located at 11 Burnham St North Adams, MA.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Two‑family home built in 1900 in North Adams on nearly 1 acre of land; 2 bedrooms in each apartment, with separate laundry facilities for both units; Expansive driveway offering ample off‑street parking
