Search
14-Unit Brick Apartment Building
For Sale
$1,250,000

40 Reed Street, Pittsfield, MA 01201

Multifamily property offering one-bedroom residences, separate utilities, off-street parking, and shared laundry.

Property Size9,928 SF
Price / SF$125.91
Days on Market154

Property Features for 40 Reed Street

General Information

Standard status Active
Size 9,928 SF
Total Parking Spaces 8
Property subtype MultiFamily

Units

Unit Mix 14 x 1BR
Multifamily Units 14

Taxes and HOA fees

Annual Taxes $3,339

Amenities

coin-op laundry
True
Electric, Nat Gas, Forced Air, Yes
14
Yes
14.00
28.00
Range, Refrigerator
Red/Brick

Building Details

Year Built 1900
Construction brick
Listing Agency: NOCHER REALTY
Listed By: Cory Evangelisto · License #9551763
Source: Compass
Added: Mar 31 Changed: Aug 29 Last Checked: Aug 31 at 12:55AM

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

Investment Insights

Based on property information with market context.

Built in 1900, this 9,928-square-foot apartment property contains 14 one-bedroom units. The building features a red-brick exterior, and each apartment is separately metered for utilities. Off-street parking is available on the property, while coin-operated laundry provides an additional on-site amenity.

The property is located at 40 Reed Street in Pittsfield, Massachusetts, just outside downtown. Shops, restaurants, and the Colonial Theater are within walking distance, providing convenient access to nearby retail, dining, and entertainment. The combination of unit consistency, separate utilities, parking, and shared laundry creates a straightforward multifamily configuration.

Key Highlights

  • 14‑unit apartment property with 9,928 square feet
  • All units feature one bedroom
  • Separate utilities for every unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic Pet Grooming Service Bakery Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

1,753
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property offering one-bedroom residences, separate utilities, off-street parking, and shared laundry.
Where is this apartment building located?
The property is located at 40 Reed Street Pittsfield, MA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 14‑unit apartment property with 9,928 square feet; All units feature one bedroom; Separate utilities for every unit
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message