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    Two-Family Residential Income Property Title is generated by Realmo AI

    137 Housatonic St, Lenox, MA 01240

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    Pending
    $350,000

    MULTI_FAMILY - Lenox, MA

    Property size:
    1,708 SF
    Lot size:
    0.29 Acres
    Added:
    May 22, 2026
    Days on Market:
    47
    Last Refresh:
    Jul 7 at 3:06 am

    Property Features for 137 Housatonic St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bedroom 3, Basement, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
    Parking features
    Off Street
    Basement
    Dirt Floor
    Appliances
    Washer, Refrigerator, Dryer, Dishwasher
    Standard status
    Pending
    Size
    1,708 SF
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3410

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1890
    Number of units
    2
    Flooring type
    Carpet, Linoleum, Wood
    Building materials
    Wood Frame, Aluminum
    Roof type
    Asphalt

    We can help!

    Contact an agent
    Maureen White-Kirkby

    Listing agent Maureen White-Kirkby License #131083

    Listing office BERKSHIRE HATHAWAY HOMESERVICES BARNBROOK REALTY 271 MAIN ST, GREAT BARRINGTON, MA

    Listing date May 22, 2026

    MLS# 249641 Listing URL

    Copyright © 2026 Berkshire County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two‑family home built in 1890, minutes from downtown Lenox
    • First‑floor unit features 2 bedrooms with a spacious living area and kitchen
    • Upstairs unit offers 1 bedroom, 1 bathroom, a fireplace, and a back deck
    • Roof was replaced in 2021; natural gas with public town water and public sewer
    • Appliances included: washer, dryer, refrigerator, and dishwasher
    • Off‑street parking; wood/aluminum construction with asphalt roofing

    Overview

    This two-family residential income property offers two separate units with distinct layouts. The first-floor unit includes two bedrooms along with a spacious living area and kitchen. The upstairs unit provides one bedroom and one bathroom, and includes a fireplace and a back deck. The home is being sold as-is, and the listing notes that there is no negotiation on inspection issues.

    The property is located in Lenox, with the remarks stating it is minutes from downtown. Utilities include natural gas, and the home is served by town water and town sewer.

    For buyers seeking a straightforward two-unit setup, the configuration supports different tenant profiles with a larger first-floor plan and a smaller upstairs unit with additional living features like a fireplace and deck. The roof replacement in 2021 is a concrete improvement that may help with near-term maintenance planning, while the as-is sale terms should be considered as part of any due diligence.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $36.9k $21.60
    − Vacancy −$491 −$0.29
    EGI $36.4k $21.31
    − OpEx −$10.9k −$6.39
    NOI $25.5k $14.92
    1,708 SF · lease $21.60/SF/yr · vacancy 1.33% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $364.0K
    $318.5K – $424.7K (±1% cap)
    NOI $25,481 @ 7.0% cap · market cap 7.28%
    Second Best
    Apartment 5plus
    $333.4K
    $291.8K – $389.0K (±1% cap)
    NOI $23,341 @ 7.0% cap · market cap 6.67%
    Theoretical Best
    Office A
    $500.1K
    $437.6K – $583.5K (±1% cap)
    NOI $35,007 @ 7.0% cap · market cap 10.00%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Dental Office Auto Repair Shop Big Box & Wholesale Store Kitchen & Bath Showroom Daycare Center Cafe & Coffee Shop Barber Shop Garden Center Accounting Firm Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Lenox
    County
    Berkshire
    State
    Massachusetts
    Longitude
    -73.276115
    Latitude
    42.355687

    FAQs

    What type of property is this?
    Duplex - Two-unit residential property featuring updated roof, natural gas, and town water and sewer service.
    Where is this duplex located?
    The property is located at 137 Housatonic St Lenox, MA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Two‑family home built in 1890, minutes from downtown Lenox; First‑floor unit features 2 bedrooms with a spacious living area and kitchen; Upstairs unit offers 1 bedroom, 1 bathroom, a fireplace, and a back deck
    More about this property
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