40 Edward Ave, Pittsfield, MA 01201
Two-unit home with a fenced yard and barn/workshop for owner-occupiers or rental buyers.
- Added:
- Jun 20, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 24 at 5:47 am
Property Features for 40 Edward Ave
General Information
- Standard status
- Active
- Size
- 1,985 SF
- Property subtype
- MultiFamily
Building Details
- Year Built
- 1907
Listing office HOUSATONIC REAL ESTATE (413) 429-7884
Listing date Jun 20, 2026
Source Lockandkeyre
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 HOUSATONIC REAL ESTATE
HighLights
- Two‑family home built in 1907 in the Southeast Pittsfield neighborhood
- Primary unit features 3 bedrooms and 1.5 bathrooms
- Second unit features 1 bedroom and 1 bathroom
- Fenced yard plus a barn/workshop for hobbies or storage
- Versatile setup for owner‑occupiers seeking rental income from the second unit
Overview
Located in the Southeast Pittsfield neighborhood, the property is offered as an owner-occupied opportunity. The address is 40 Edward Ave, Pittsfield, MA 01201.
For buyers looking for a live-in option with an additional unit, this layout supports a shared ownership model where one side can be occupied while the other generates rental income. The fenced yard adds usable outdoor space, and the barn/workshop provides extra room beyond typical residential storage. This configuration may also appeal to multi-generational households seeking separate living arrangements under one roof.
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 | $42.9k | $21.60 |
| − Vacancy | −$570 | −$0.29 |
| EGI | $42.3k | $21.31 |
| − OpEx | −$12.7k | −$6.39 |
| NOI | $29.6k | $14.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pittsfield
- County
- Berkshire
- State
- Massachusetts
- Longitude
- -73.2367359
- Latitude
- 42.4421238
