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    1574-1579 Pleasant St Lee, MA 01238

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    For Sale
    $1,260,000

    Historic three-unit residence near Lenox, Stockbridge, and Tanglewood.

    Lot size:
    0.34 Acres

    Property Features for 1574-1579 Pleasant St

    General Information

    Lot size
    0.34 Acres

    Building Details

    Year built
    1815

    Source: Compass Agent Ashley Rose

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

    Overview

    Historic Three-Unit Berkshire Estate

    The Henry Billings Brown House, dating back to approximately 1815, is a three-unit residence listed on the historic registry. The property combines preserved historical elements with modern updates. Architectural features include wide-plank floors, brick hearths, and marble sourced from the same quarries as the U.S. Capitol. Originally a duplex, it was legally recognized as a three-unit estate in 2025, with potential for expansion. The property is located 100 feet from the Housatonic River and fronts Bear Mountain trails, while remaining minutes from Lenox, Stockbridge, and Tanglewood. This property is suitable for investors, retreat hosts, or homeowners seeking an income-producing property. The property has a cap rate of 10.4%, a gross yield of 11.2%, and a cash-on-cash return of 20%.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Spa & Massage Auto Repair Shop Hotel & Motel Bar & Pub Garden Center Furniture Store Electronics Store Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lee
    County
    Berkshire
    State
    Massachusetts
    Longitude
    -73.2840766
    Latitude
    42.276534

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    FAQs

    What type of property is this?
    Apartment building - Historic three-unit residence near Lenox, Stockbridge, and Tanglewood.
    Where is this apartment building located?
    The property is located at 1574-1579 Pleasant St Lee, MA.
    What is the asking price?
    The asking price for this property is $1,260,000.
    What are key features of this property?
    This property features: - Historic three-unit residence (c.1815) on the historic registry, blending preserved history with modern updates.; - Prime location: 100 feet from the Housatonic River, fronting Bear Mountain trails, and minutes from Lenox, Stockbridge, and Tanglewood.; - **Significant income potential: 10.4% Cap Rate, 11.2% Gross Yield, and 20% Cash-on-Cash return.**
    (617) 899-7669
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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
    1574-1579 Pleasant St Lee, MA 01238
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