Multifamily Investment Portfolio For
For Sale
Contact for pricing
Pending
40 Henry Ave, Pittsfield, MA 01201
11-unit multifamily portfolio with strong cash flow in Pittsfield, MA.
Property SizeContact for details
Days on Market167
Property Features for 40 Henry Ave
General Information
Standard status
Pending
Class
C
Property subtype
Multifamily
Occupancy
90%
Investment Type
Stabilized
Building Details
Buildings
3
Units
11
Listing Agency:
Bishop West Real Estate Inc
(413) 448-2502
Listed By:
Corey Bishop · License #MA 9559670
Source:
Crexi
Added: Feb 26
Changed: Aug 8
Last Checked: Jul 24 at 4:55PM
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 Bishop West Real Estate Inc
Investment Insights
Based on property information with market context.
This offering comprises an 11-unit investment portfolio, featuring three multifamily properties: a single 3-family building and two 4-family buildings. The properties are situated in close proximity to one another, promoting efficient management. The portfolio demonstrates strong in-place cash flow, characterized by attractive cap rates and stable rental income. With solid occupancy and a history of proven performance, this portfolio provides immediate returns and potential upside through rent adjustments and operational improvements. The Net Operating Income (NOI) is $121,284, with a Cap Rate of 13.18%. The properties are located in Pittsfield, MA and are available for purchase either as a complete portfolio or individually, accommodating various investment strategies.
Key Highlights
- High Cap Rate: Attractive 13.18% cap rate indicates strong investment return.
- Strong Cash Flow: Portfolio generates substantial in‑place cash flow.
- Portfolio of 11 Units: Consists of three multifamily properties (one 3‑family and two 4‑family buildings).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,568
Businesses Nearby
Explore this area
Business Placement
Demographics for 01201, MA
45,494
Population
22,566
Households
2
Avg Household Size
44
Median Age
34%
College-Educated
93%
High-School Grad
60.4 sq mi
ZIP Area
753
Density / Sq Mi
$68,879
Median Household Income
$43,054
Median Earnings
$1,098
Median Rent
$236,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - 11-unit multifamily portfolio with strong cash flow in Pittsfield, MA.
Where is this multifamily property located?
The property is located at 40 Henry Ave Pittsfield, MA.
What is the asking price?
The asking price for this property is $920,000.
What are key features of this property?
This property features: High Cap Rate: Attractive 13.18% cap rate indicates strong investment return.; Strong Cash Flow: Portfolio generates substantial in‑place cash flow.; Portfolio of 11 Units: Consists of three multifamily properties (one 3‑family and two 4‑family buildings).
