Two-Family Colonial
41 Pearl St Great Barrington, MA 01230
For Sale
$399,900
MULTI_FAMILY - Colonial - Great Barrington, MA
Property Size1,964 SF
Lot Size0.25 Acres
Price / SF$203.62
Days on Market262
Property Features for 41 Pearl St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Basement, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2
- Parking
- 4
- Parking features
- Off Street
- Interior features
- Cable Avail
- Basement
- Unfinished, Concrete, Full
- Appliances
- Washer, Refrigerator, Range, Range Hood, Dryer
- Standard status
- Active
- APN
- GREA M:011.0 B:0000 L:0043.0
- Size
- 1,964 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5627
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Water source
- Public
- Water front
- 1
Building Details
- Year built
- 1900
- Number of units
- 2
- Flooring type
- Wood, Laminate, Carpet
- Building materials
- Wood Frame, Vinyl, Fiberglass
- Roof type
- Asphalt
- Architectural style
- Colonial
Listing Agency:
FAIRGROUND REAL ESTATE, INC
(413) 717-0276
Listed By:
David Carlson · License #9550743
(413) 329-1279
Added: Nov 4, 2025
Changed: Jul 23
Last Checked: Jul 24 at 1:06AM
MLS# 248169
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.
Investment Insights
Based on property information with market context.
This two-family colonial residence features a 2 BR/1 BA layout on both sides, with hardwood floors and period details throughout. The home totals approximately 1,964 square feet of living space and includes forced hot water heating. While the property could use updating and refreshing, the existing structure provides a solid base for customization. The back unit includes potential to convert attic space into additional living area, which could support uses such as an office, den, or other flexible rooms.
Set on a generous 0.25-acre lot on a quiet street just moments from downtown Great Barrington, the property offers a peaceful backyard space for outdoor activities.
Additional noted improvement includes a new roof installed in 2019. The configuration also allows for a buyer to consider converting the home back to a single-family residence, depending on their goals.
Set on a generous 0.25-acre lot on a quiet street just moments from downtown Great Barrington, the property offers a peaceful backyard space for outdoor activities.
Additional noted improvement includes a new roof installed in 2019. The configuration also allows for a buyer to consider converting the home back to a single-family residence, depending on their goals.
Key Highlights
- 1900 Colonial two‑family residence with 4 bedrooms and 2 bathrooms, both sides set up as 2 BR/1 BA
- 1,964 SF of living space on a 0.25‑acre lot with basement plus rooms including Bedroom 1–4 and Bathroom 1–2
- New asphalt roof installed in 2019; warm and efficient forced hot water heating
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 | $42.4k | $21.60 |
| − Vacancy | −$564 | −$0.29 |
| EGI | $41.9k | $21.31 |
| − OpEx | −$12.6k | −$6.39 |
| NOI | $29.3k | $14.92 |
1,964 SF · lease $21.60/SF/yr · vacancy 1.33% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$418.6K
$366.3K – $488.4K
NOI $29,301 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$383.4K
$335.5K – $447.3K
NOI $26,840 @ 7.0% cap · market cap 6.71%
Theoretical Best
Office A
$575.1K
$503.2K – $670.9K
NOI $40,254 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-family colonial residence with 2 BR/1 BA units, hardwood floors, forced hot water heat, and a 2019 roof.
Where is this duplex located?
The property is located at 41 Pearl St Great Barrington, MA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 1900 Colonial two‑family residence with 4 bedrooms and 2 bathrooms, both sides set up as 2 BR/1 BA; 1,964 SF of living space on a 0.25‑acre lot with basement plus rooms including Bedroom 1–4 and Bathroom 1–2; New asphalt roof installed in 2019; warm and efficient forced hot water heating
