4-Unit Multifamily with Extra
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
(508) 871-7141
Listed By:
Stephen Clements · License #92503
(508) 871-7141
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.
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
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