Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Two-Family Home with Renovation Potential Title is generated by Realmo AI

    111 Columbia St, Adams, MA 01220

    View on Map
    Claim this Listing
    For Sale
    $215,000

    Two-family home with ongoing renovations, offering investment potential.

    Type:MultiFamily
    Property size:
    2,360 SF
    Price / SF:
    $91/SF
    Added:
    Apr 10, 2026
    Days on Market:
    58
    Last Refresh:
    Apr 20 at 6:37 pm

    Property Features for 111 Columbia St

    General Information

    Standard status
    Active
    Size
    2,360 SF
    Property subtype
    MultiFamily

    Building Details

    Year Built
    1880

    We can help!

    Listing Contact
    Jessica L. Rizzo

    Listing agent Jessica L. Rizzo License #9577923

    Listing office LAMACCHIA REALTY, INC

    Listing date Apr 10, 2026

    Source Lockandkeyre

    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

    HighLights

    • Two‑family home with potential rental income.
    • Upstairs unit features a new bathroom and kitchen.
    • Downstairs unit has a 1/2 bath ensuite, full bathroom, large kitchen/dining and living room.
    • Recent renovations include new windows, sheetrock, and insulation.
    • Versatile space previously used as a hair salon offers endless possibilities.
    • Renovations initiated, providing a canvas for customization.

    Overview

    This two-family home presents an opportunity for investors and contractors. The upstairs unit includes one bedroom, a living room, and a new bathroom and kitchen. The downstairs unit features one bedroom with a half bath ensuite, a laundry/closet room, a full bathroom, and a large kitchen/dining and living room. Recent renovations include new windows, sheetrock, and insulation. Additionally, there are two rooms stripped down to the studs, previously used as a hair salon, offering versatile space with potential. The property size is 2360 square feet.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Adams
    County
    Berkshire
    State
    Massachusetts
    Longitude
    -73.1138972
    Latitude
    42.6325818

    Nearby Similar for Sale

    • $209,900
      1,772 SF

      Two-Family Home with 3-Car Garage

      Two separate units on a private 2.7-acre lot, with independent utilities, including a solid upstairs rental unit.
      59 E Hoosac St, Adams, MA 01220
      View Details
    • $550,000
      6,286 SF

      Mixed-Use Retail and Residential with Parking

      Two storefronts and four residences with recent electrical, roof, and unit updates, plus deeded parking.
      57-63 Park Street, Adams, MA 01220
      View Details
    • $209,900
      1,772 SF

      Two-Family Income Property with Garage

      Two separate units on 2.7 acres, with independent utilities and a 3-car garage, offering flexibility for renovations.
      59 East Hoosac St, Adams, MA 01220
      View Details
    • $999,999
      16,664 SF

      Church and Residential Structure For Sale

      Church and residential property on 2.8 acres available for purchase.
      2 Columbia Street, Adams, MA 01220
      View Details
    • $999,999
      6,147 SF

      Church and Residential Structure For Sale

      Church and residential structure on 2.8 acres available for sale.
      2 Columbia Street, Adams, MA, MA 01220
      View Details
    • $279,000
      1,768 SF

      MULTI_FAMILY - Colonial - Adams, MA

      45 East St, Adams, MA 01220
      View Details
    • $284,900
      2,840 SF

      Renovated Two-Unit Property

      Spacious, renovated two-unit property with updated kitchens and bathrooms.
      10-12 Richmond Street, Adams, MA 01220
      View Details
    • Contact for pricing

      Freestanding Building on Commercial Street

      Freestanding building with parking in Adams, Massachusetts.
      46 Commercial Street , Adams , MA, 01220
      View Details
    • $284,900

      Renovated Two-Unit Property

      Renovated duplex with updated kitchens and bathrooms.
      10-12 Richmond St, Adams, MA 01220
      View Details
    • $1,600,000
      7,464 SF

      Adams Multifamily Investment Opportunity

      Nine updated units near downtown Adams and Ashuwillticook Rail Trail.
      16-18 North Summer St, Adams, MA 01220
      View Details
    • $165,000

      Renovated Mixed-Use Property

      Mixed-use property with retail/office space and rear apartment.
      56-58 Columbia St, Adams, MA 01220
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-family home with ongoing renovations, offering investment potential.
    Where is this duplex located?
    The property is located at 111 Columbia St Adams, MA.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: Two‑family home with potential rental income.; Upstairs unit features a **new bathroom and kitchen**.; Downstairs unit has a 1/2 bath ensuite, full bathroom, large kitchen/dining and living room.
    (413) 443-7274
    We can help!
    Listing Contact
    Jessica L. Rizzo
    Real Estate License ID: 9577923
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    111 Columbia St, Adams, MA 01220
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!