Duplex Investment with Four
180 Center Lee, MA 01238
180 Center, Lee, MA, 01238
$449,000
For Sale
$449,000
Two duplex homes on one parcel provide four rental units with attached, private garaged parking for tenants.
Property Size2,657 SF
Price / SF$168.99
Days on Market239
Property Features for 180 Center
General Information
- Standard status
- Active
- Size
- 2,657 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agency
STONE HOUSE PROPERTIES,LLC
Listed by
Timothy Gallagher
(413) 637-4200
Source
Berkshirehouses
Added: Nov 25, 2025 Updated: Jul 21 at 7:57PM Checked: Jul 21 at 7:57PM
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 STONE HOUSE PROPERTIES,LLC
Investment Insights
Based on property information with market context.
This offering includes two duplex homes on a single parcel, for a total of four residential units. The property is arranged as two separate duplex buildings, supporting four rental homes under one ownership.
The location is in the town of Lee, with convenient proximity to downtown, shopping, major employers, banking, and local Berkshire attractions.
The tenant experience includes attached, private garaged parking, adding practical off-street parking for each household.
The location is in the town of Lee, with convenient proximity to downtown, shopping, major employers, banking, and local Berkshire attractions.
The tenant experience includes attached, private garaged parking, adding practical off-street parking for each household.
Key Highlights
- Two duplex homes on one parcel with four total rental units
- Tenants have attached, private garaged parking
- Year built: 1900
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 | $57.4k | $21.60 |
| − Vacancy | −$763 | −$0.29 |
| EGI | $56.6k | $21.31 |
| − OpEx | −$17.0k | −$6.39 |
| NOI | $39.6k | $14.92 |
2,657 SF · lease $21.60/SF/yr · vacancy 1.33% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$566.3K
$495.5K – $660.7K
NOI $39,640 @ 7.0% cap · market cap 8.83%
Second Best
Apartment 5plus
$518.7K
$453.9K – $605.2K
NOI $36,310 @ 7.0% cap · market cap 8.09%
Theoretical Best
Office A
$778.0K
$680.7K – $907.6K
NOI $54,458 @ 7.0% cap · market cap 12.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two duplex homes on one parcel provide four rental units with attached, private garaged parking for tenants.
Where is this duplex located?
The property is located at 180 Center Lee, MA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Two duplex homes on one parcel with four total rental units; Tenants have attached, private garaged parking; Year built: 1900
