Duplex with Separate
For Sale
$479,000
29A/B High, Lenox, MA 01240
Each residence has first-floor laundry, with a three-bedroom layout on one side and two bedrooms on the other.
Property Size2,548 SF
Price / SF$187.99
Days on Market8
Property Features for 29A/B High
General Information
Standard status
Active
Size
2,548 SF
Property subtype
Multi-family
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 3BR, 1 x 2BR
Multifamily Units
2
Building Details
Year Built
1900
Buildings
1
Listing Agency:
ROBERTS & ASSOC. REALTY,INC (info@berkshirehouses.com)
Listed By:
Pamela Roberts · License #133962; office license: 8092
(413) 441-9681
Source:
Berkshirehouses
Added: Oct 10
Changed: Oct 16
Last Checked: Oct 16 at 8:38AM
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 ROBERTS & ASSOC. REALTY,INC (info@berkshirehouses.com)
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Investment Insights
Based on property information with market context.
This duplex in Lenox dates to 1900 and is arranged as two residences: one with three bedrooms and the other with two. Each side has its own utilities and first-floor laundry. Hardwood floors are present through much of the interior, and the kitchens and bathrooms have been updated. Town water and sewer serve the property.
The home is on High Street, near downtown Lenox and within walking distance of the bus line. Its side-street setting provides access to those nearby destinations.
The home is on High Street, near downtown Lenox and within walking distance of the bus line. Its side-street setting provides access to those nearby destinations.
Key Highlights
- Two residences: one with 3 bedrooms and one with 2
- Separate utilities for each side
- First‑floor laundry in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,013
Cap Rate
7.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$760,260
$760.3K
Cap Rate 7%
$543,043
$543.0K
Cap Rate 9%
$422,367
$422.4K
Market Conditions
NOI Build-Up for 2,548 SF
Gross rent
$55.0K $21.60/SF
− Vacancy
−$732 −$0.29/SF
EGI
$54.3K $21.31/SF
− OpEx
−$16.3K −$6.39/SF
NOI
$38.0K $14.92/SF
Area
Berkshire County, MA
Vacancy
1.33%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$760,260
Cap Rate 7%
$543,043
Cap Rate 9%
$422,367
Alternative Uses
Best Use
Multifamily LT 5
$543.0K
$475.2K – $633.6K
NOI $38,013 @ 7.0% cap · market cap 7.94%
Second Best
Apartment 5plus
$497.4K
$435.3K – $580.4K
NOI $34,821 @ 7.0% cap · market cap 7.27%
Theoretical Best
Office A
$746.1K
$652.8K – $870.4K
NOI $52,224 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
Explore this area
Business Placement
Demographics for 01240, MA
4,692
Population
3,029
Households
1.5
Avg Household Size
57
Median Age
52%
College-Educated
95%
High-School Grad
23.9 sq mi
ZIP Area
196
Density / Sq Mi
$99,745
Median Household Income
$43,284
Median Earnings
$1,060
Median Rent
$480,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has first-floor laundry, with a three-bedroom layout on one side and two bedrooms on the other.
Where is this duplex located?
The property is located at 29A/B High Lenox, MA.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Two residences: one with 3 bedrooms and one with 2; Separate utilities for each side; First‑floor laundry in both residences
