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    16-20 Wesleyan St North Adams, MA 01247

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    For Sale
    $595,000

    Fully operating multifamily property with long-term tenants and parking.

    Lot size:
    0.31 Acres

    Property Features for 16-20 Wesleyan St

    General Information

    Lot size
    0.31 Acres

    Building Details

    Year built
    1890

    Source: OwnerEntry.com Agent Dave White

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Property with Long-Term Tenants

    This is a fully operating multifamily property with long-term tenants and a parking lot. Each apartment has its own forced hot air furnace and gas hot water tank. There are many updates, including a new roof installed in 2015, basement engineered fortification, and new furnaces installed over the years. The property includes 3 stalls of storage space. Tenants are responsible for paying their own utilities. The building was repainted in the summer of 2024.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    North Adams
    County
    Berkshire
    State
    Massachusetts
    Longitude
    -73.1055609
    Latitude
    42.7045545

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    FAQs

    What type of property is this?
    Apartment building - Fully operating multifamily property with long-term tenants and parking.
    Where is this apartment building located?
    The property is located at 16-20 Wesleyan St North Adams, MA.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: - Fully operating with long-term tenants in place.; - Tenants pay their own utilities.; - Each apartment has its own forced hot air furnace and gas hot water tank.
    (617) 542-9300
    Request Owner's contact information
    16-20 Wesleyan St North Adams, MA 01247
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    Realmo Value Estimation

    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.

    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.

    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
    16-20 Wesleyan St North Adams, MA 01247
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