40 Edward Ave, Pittsfield, MA 01201
MULTI_FAMILY - Pittsfield, MA
- Added:
- Jun 20, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 26 at 7:06 pm
Property Features for 40 Edward Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Basement, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Bathroom 2
- Parking
- 4
- Parking features
- Off Street
- Interior features
- Cable Avail, Walk-In Closet(s), Granite Counter
- Exterior features
- Outbuilding
- Basement
- Unfinished, Full
- Accessibility
- Accessible Approach with Ramp
- Appliances
- Washer, Refrigerator, Range, Range Hood, Dryer, Dishwasher, Built-In Gas Oven, Built-In Electric Oven
- Standard status
- Active
- Size
- 1,985 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4158
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Oil, Steam
- Water source
- Public
Building Details
- Year built
- 1907
- Number of units
- 2
- Flooring type
- Tile - Ceramic, Laminate, Wood
- Building materials
- Wood Frame, Vinyl
- Roof type
- Asphalt
- Additional Structures
- Outbuilding
Listing agent Molly DiGiovanni License #9569929 (413) 429-7884
Listing office HOUSATONIC REAL ESTATE 113 Bridge Street, Housatonic, MA (413) 274-5065
Listing date Jun 20, 2026
Copyright © 2026 Berkshire County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑family home with a 3‑bedroom, 1.5‑bath primary unit plus a 1‑bedroom, 1‑bath second unit
- Includes washer, dryer, refrigerator, dishwasher, range, range hood, and built‑in gas and electric ovens
- Fenced yard plus an outbuilding for storage or workshop space
- Accessible approach with ramp
- Heating includes oil steam; utilities include cable available
- Public water and public sewer; roof is asphalt; built in 1907
Overview
The home is located at 40 Edward Ave in Pittsfield, Massachusetts, in the Southeast Pittsfield neighborhood. The lot size is listed at 0.21 acres, and the total property size is reported as 1,985 square feet.
For an owner-occupant, this layout allows you to live in the larger three-bedroom unit while the one-bedroom unit can support monthly rental income. For investors, the two independent units provide an income-producing structure with on-site outdoor space and a barn/workshop that may help differentiate the property for prospective tenants. The fenced yard and dedicated storage/workspace area can also support tenant lifestyle needs without sharing the yard or amenities.
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
- -73.236745
- Latitude
- 42.442092
