Multifamily Residence With
366 Eagle St, North Adams, MA 01247
For Sale
$269,000
A separate upstairs apartment provides additional living quarters alongside the main-level residence.
Property Size1,626 SF
Lot Size0.17 Acres
Price / SF$165.44
Days on Market24
Property Features for 366 Eagle St
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
sun porch
Building Details
Year Built
Listing Agency:
NOCHER REALTY
(413) 441-9761
Listed By:
Michelle E Picard · License MA #9554015
(413) 207-1204
Source:
Lockandkeyre
Added: Oct 17
Changed: Nov 7
Last Checked: Nov 7 at 6:54PM
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 NOCHER REALTY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1890, this 1,626-square-foot multifamily property has a main-level living area with a kitchen, two bedrooms and a full bath. The upper apartment includes a kitchen, living room, dining area, one bedroom, a full bath and a sun porch. Together, the residence offers three bedrooms and two full baths across its living areas.
The property occupies a 0.17-acre lot and includes a two-car garage equipped with a lift.
The property occupies a 0.17-acre lot and includes a two-car garage equipped with a lift.
Key Highlights
- 1,626‑square‑foot multifamily property built in 1890
- Upstairs apartment has a kitchen, living room, dining area, bedroom, full bath and sun porch
- Main level includes a kitchen, two bedrooms and a full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,221
Cap Rate
8.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,420
$444.4K
Cap Rate 7%
$317,443
$317.4K
Cap Rate 9%
$246,900
$246.9K
Market Conditions
NOI Build-Up for 1,626 SF
Gross rent
$41.0K $25.20/SF
− Vacancy
−$574 −$0.35/SF
EGI
$40.4K $24.85/SF
− OpEx
−$18.2K −$11.18/SF
NOI
$22.2K $13.67/SF
Area
Berkshire County, MA
Vacancy
1.40%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,420
Cap Rate 7%
$317,443
Cap Rate 9%
$246,900
Alternative Uses
Best Use
Apartment 5plus
$317.4K
$277.8K – $370.4K
NOI $22,221 @ 7.0% cap · market cap 8.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$476.1K
$416.6K – $555.4K
NOI $33,326 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
639
Businesses Nearby
Explore this area
Business Placement
Demographics for 01247, MA
15,147
Population
7,859
Households
1.9
Avg Household Size
44
Median Age
27%
College-Educated
90%
High-School Grad
45.9 sq mi
ZIP Area
330
Density / Sq Mi
$55,544
Median Household Income
$38,145
Median Earnings
$786
Median Rent
$190,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Multifamily properties in North Adams, MA
Properties on Market for Multifamily properties in North Adams
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - A separate upstairs apartment provides additional living quarters alongside the main-level residence.
Where is this multifamily property located?
The property is located at 366 Eagle St North Adams, MA.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: 1,626‑square‑foot multifamily property built in 1890; Upstairs apartment has a kitchen, living room, dining area, bedroom, full bath and sun porch; Main level includes a kitchen, two bedrooms and a full bath
