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118 Lincoln Street, Pittsfield, MA, 01201
4-Unit Multifamily with Extra Lots

118 Lincoln Street Pittsfield, MA 01201

For Sale
$495,000
Pending

Four updated gas heating and electric systems, plus two additional lots for parking and potential new units.

Property Size4,000 SF
Days on Market175

Property Features for 118 Lincoln Street

General Information

Standard status
Pending
Size
4,000 SF
Property subtype
Multi-family / 4 Family - 4 Units Up/Down

Building Details

Year Built
1889
Listing Agency: KW Pinnacle MetroWest
Listed By: Stephen Clements · License #92503
Source: Compass
Added: Jan 29 Changed: Jul 20 Last Checked: Jul 23 at 9:48AM

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 KW Pinnacle MetroWest


Investment Insights

Based on property information with market context.

This 4-unit multifamily property includes updated gas heating units, updated electric systems, and updated windows across all apartments. The property is configured as a single offering with added land included: an extra lot for parking (lot 3) and a separate buildable lot suitable for up to 5 units to be built (lot 2).

The property is leased to one tenant, Service Net, a state agency that rents all four apartments. The rent is paid on the 3rd of each month, even if an apartment is vacant. All four apartments are currently vacant, giving a new owner the ability to select tenants for each unit.

The MLS remarks also note that if a tenant damages an apartment, Service Net will pay for repairs. The transaction information references attached documentation including two plot plans and lead-related compliance materials.

Key Highlights

  • 4‑family house built in 1889 with 4 full baths; full concrete‑floor basement with unfinished area
  • 4 updated gas heating units and 4 updated electric systems; tenants pay utilities
  • All 4 apartments are currently vacant; rent paid on the 3rd each month even if a unit is vacant

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic Locksmith (Bike/Boat/Book/etc) Store Storage Facility Pet Store Plumbing Service

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

FAQs

What type of property is this?
Quadplex - Four updated gas heating and electric systems, plus two additional lots for parking and potential new units.
Where is this quadplex located?
The property is located at 118 Lincoln Street Pittsfield, MA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 4‑family house built in 1889 with 4 full baths; full concrete‑floor basement with unfinished area; 4 updated gas heating units and 4 updated electric systems; tenants pay utilities; All 4 apartments are currently vacant; rent paid on the 3rd each month even if a unit is vacant
More about this property
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