Remodeled Quadplex with
For Sale
$520,000
73 Christian Hill Rd Great, Great Barrington, MA 01230
Four-unit property with three occupied units and recent building-system updates.
Property Size2,499 SF
Days on Market253
Property Features for 73 Christian Hill Rd Great
General Information
Standard status
Active
Size
2,499 SF
Property subtype
Multi-Family
Occupancy
75%
Additional Details
Multifamily Units
4
Amenities
Oil
Boiler
Hot Water
Refrigerator
Water Front, Asphalt
Building Details
Building Size
2,499 SF
Year Built
1900
Listing Agency:
COHEN & WHITE ASSOCIATES
Listed By:
Cristian Sanchez · License #009533158
(413) 854-5324
Source:
Kw
Added: Feb 5
Changed: Oct 16
Last Checked: Oct 16 at 8:10AM
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 COHEN & WHITE ASSOCIATES
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Investment Insights
Based on property information with market context.
This four-unit residential property has undergone extensive updates, including new flooring throughout, renovated bathrooms, fresh interior paint, and a remodeled kitchen. A new stove and refrigerator are included, while oil boiler heat, hot water, and new heating circulator pumps serve the units. Plumbing improvements have also been completed throughout the building.
Three units are currently rented, with tenants reported as current, and the fourth unit is available. The property also features a new roof with warranty coverage, foundation reinforcement work, asphalt exterior surfaces, and waterfront frontage. Built in 1900, the building combines a historic construction date with a broad set of recent improvements.
Three units are currently rented, with tenants reported as current, and the fourth unit is available. The property also features a new roof with warranty coverage, foundation reinforcement work, asphalt exterior surfaces, and waterfront frontage. Built in 1900, the building combines a historic construction date with a broad set of recent improvements.
Key Highlights
- Four‑unit property with 3 rented units and 1 available unit
- New roof with warranty and completed foundation reinforcement
- New flooring throughout, renovated bathrooms, and repainted interiors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,282
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,640
$745.6K
Cap Rate 7%
$532,600
$532.6K
Cap Rate 9%
$414,244
$414.2K
Market Conditions
NOI Build-Up for 2,499 SF
Gross rent
$54.0K $21.60/SF
− Vacancy
−$718 −$0.29/SF
EGI
$53.3K $21.31/SF
− OpEx
−$16.0K −$6.39/SF
NOI
$37.3K $14.92/SF
Area
Berkshire County, MA
Vacancy
1.33%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,640
Cap Rate 7%
$532,600
Cap Rate 9%
$414,244
Alternative Uses
Best Use
Multifamily LT 5
$532.6K
$466.0K – $621.4K
NOI $37,282 @ 7.0% cap · market cap 7.17%
Second Best
Apartment 5plus
$487.9K
$426.9K – $569.2K
NOI $34,151 @ 7.0% cap · market cap 6.57%
Theoretical Best
Office A
$731.7K
$640.3K – $853.7K
NOI $51,220 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
75%
Occupancy
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
Explore this area
Business Placement
Demographics for 01230, MA
8,907
Population
5,025
Households
1.8
Avg Household Size
52
Median Age
49%
College-Educated
95%
High-School Grad
97.0 sq mi
ZIP Area
92
Density / Sq Mi
$82,871
Median Household Income
$40,397
Median Earnings
$1,286
Median Rent
$479,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with three occupied units and recent building-system updates.
Where is this quadplex located?
The property is located at 73 Christian Hill Rd Great Great Barrington, MA.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Four‑unit property with 3 rented units and 1 available unit; New roof with warranty and completed foundation reinforcement; New flooring throughout, renovated bathrooms, and repainted interiors
