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    174 Main St Charlemont, MA 01339

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    For Sale
    $425,000

    Unique 5-apartment property in Charlemont, MA with income potential.

    Lot size:
    0.17 Acres

    Property Features for 174 Main St

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1867

    Source: www.HomeZu.com Agent Jason Saphire

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

    Overview

    Charlemont Village Apartment Investment Opportunity

    This property presents an investment opportunity in the four-season resort town of Charlemont Village. The building contains five apartments, each with its own allure. The flexible floor plan allows for various possibilities, including combining all apartments into a single retreat with a guest suite, renting out all apartments, or living in one or two while renting the others. All apartments have been restored. The exterior features new vinyl siding, complementing its mid-19th-century classic appeal and Federalist-style trim accents. The grassy backyard includes a stone-laid fire pit and space for storage. This income-generating property offers the potential to capitalize on the tourism trade.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Auto Repair Shop Department Store Hotel & Motel Cafe & Coffee Shop Wine and Liquor Store Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlemont
    County
    Franklin
    State
    Massachusetts
    Longitude
    -72.8690712
    Latitude
    42.6278261

    Nearby Similar for Sale

    • $2,100,000

      Riverfront Campground with Restaurant & House

      Riverfront campground with restaurant and house, income upside potential.
      559 Tea St, Charlemont, MA 01339
      View Details

    FAQs

    What type of property is this?
    Apartment building - Unique 5-apartment property in Charlemont, MA with income potential.
    Where is this apartment building located?
    The property is located at 174 Main St Charlemont, MA.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Income-generating property in the four-season resort town of Charlemont Village.; - Five apartments offer flexible floor plan options: single residence, rental income, or owner-occupied with rental income.; - All apartments have been lovingly restored.
    (877) 249-5478
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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
    174 Main St Charlemont, MA 01339
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