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Historic Multifamily Property
For Sale
$235,000

261 South St, Pittsfield, MA 01201

RM zoning supports residential and specialty-use possibilities, with a rear carriage barn and off-street parking.

Property Size9,698 SF
Price / SF$24.23
Days on Market318

Property Features for 261 South St

General Information

Standard status Active
Size 9,698 SF
Property subtype Multi-Family
Zoning RM

Property Condition

Severity Major Repairs Needed
Evidence sprinkler leak in the basement damaged the electrical systems and furnace

Additional Details

Sprinkler System Yes

Amenities

carriage barn
Nat Gas
Range
Range Hood
Asphalt

Building Details

Year Built 1880
Listing Agency: BISHOP WEST REAL ESTATE
Listed By: John M. Ciepiela
Source: Kw
Added: Nov 1, 2025 Changed: Sep 14 Last Checked: Sep 14 at 12:36PM

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 BISHOP WEST REAL ESTATE

Investment Insights

Based on property information with market context.

Built in 1880, this 9,698-square-foot multifamily property offers 8 bedrooms, 8 baths, ornate woodwork, and a substantial historic residence layout. A new roof is in place, while basement sprinkler leakage damaged the electrical systems and furnace; limited water impact also reached the main floors. The condition creates a restoration-focused project with room for customized improvements.

RM zoning permits a range of residential or specialty uses. A large carriage barn occupies the rear of the property, and off-street parking is included. Existing interior features include natural gas service, a range, and a range hood.

Key Highlights

  • 9,698‑square‑foot residence built in 1880
  • 8 bedrooms and 8 baths
  • New roof already installed

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Skin Care Clinic Carpet & Flooring Store HVAC Service Veterinary Clinic Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

990
Businesses Nearby

Demographics for 01201, MA

45,494
Population
22,566
Households
2
Avg Household Size
44
Median Age
34%
College-Educated
93%
High-School Grad
60.4 sq mi
ZIP Area
753
Density / Sq Mi
$68,879
Median Household Income
$43,054
Median Earnings
$1,098
Median Rent
$236,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - RM zoning supports residential and specialty-use possibilities, with a rear carriage barn and off-street parking.
Where is this multifamily property located?
The property is located at 261 South St Pittsfield, MA.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 9,698‑square‑foot residence built in 1880; 8 bedrooms and 8 baths; New roof already installed
More about this property
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