Two-Family Residential Income
38 Hollister Pittsfield, MA 01201
38 Hollister, Pittsfield, MA, 01201
$349,900
For Sale
$349,900
Updated two-unit duplex features enclosed porches, separate utilities, and off-street parking.
Property Size1,932 SF
Price / SF$181.11
Days on Market81
Property Features for 38 Hollister
General Information
- Standard status
- Active
- Size
- 1,932 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1929
Listing agency
413 REAL ESTATE
Listed by
Robin Moore
(413) 458-8366
Source
Altonwestall
Added: May 4 Updated: Jul 21 at 12:35AM Checked: Jul 21 at 6:06AM
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 413 REAL ESTATE
Investment Insights
Based on property information with market context.
This two-family flat offers updated interiors and flexible living space across two units. The first-floor unit includes an updated kitchen and bath, a spacious living room, and an enclosed front porch with natural light. A partially finished basement adds additional living, recreation, or storage space. The second-floor unit features two bedrooms, a bright enclosed front porch, and access to attic space for extra storage.
The property also includes separate utilities, with lead paint compliance noted in the remarks. Ample off-street parking is provided for everyday convenience.
With two distinct residential units and multiple storage options in the basement and attic, the layout is designed for separate occupancy and day-to-day functionality.
The property also includes separate utilities, with lead paint compliance noted in the remarks. Ample off-street parking is provided for everyday convenience.
With two distinct residential units and multiple storage options in the basement and attic, the layout is designed for separate occupancy and day-to-day functionality.
Key Highlights
- Two‑family duplex built in 1929 with two separate living units
- First‑floor unit has updated kitchen and bath, plus spacious living room and enclosed front porch
- Second‑floor unit includes 2 bedrooms and a bright enclosed front porch, with attic access for additional storage
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 | $41.7k | $21.60 |
| − Vacancy | −$555 | −$0.29 |
| EGI | $41.2k | $21.31 |
| − OpEx | −$12.4k | −$6.39 |
| NOI | $28.8k | $14.92 |
1,932 SF · lease $21.60/SF/yr · vacancy 1.33% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$411.8K
$360.3K – $480.4K
NOI $28,823 @ 7.0% cap · market cap 8.24%
Second Best
Apartment 5plus
$377.2K
$330.0K – $440.1K
NOI $26,403 @ 7.0% cap · market cap 7.55%
Theoretical Best
Office A
$565.7K
$495.0K – $660.0K
NOI $39,598 @ 7.0% cap · market cap 11.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Updated two-unit duplex features enclosed porches, separate utilities, and off-street parking.
Where is this duplex located?
The property is located at 38 Hollister Pittsfield, MA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two‑family duplex built in 1929 with two separate living units; First‑floor unit has updated kitchen and bath, plus spacious living room and enclosed front porch; Second‑floor unit includes 2 bedrooms and a bright enclosed front porch, with attic access for additional storage
