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Historic 9-Unit Bed & Breakfast

74 Wendell Avenue Pittsfield, MA 01201

74 Wendell Avenue, Pittsfield, MA, 01201
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Historic bed & breakfast with nine guest suites and kitchenettes.

Property Size10,560 SF
Lot Size0.33 Acres
Price / SF$113.64
AddedMay 15
Days on Market61
Last RefreshJul 4 at 4:54 am

Property Features for 74 Wendell Avenue

General Information

Standard status
Active
Size
10,560 SF
Lot size
0.33 Acres
Property subtype
Multifamily, Hospitality, Special Purpose

Listing office Stone House Properties, LLC

Listing date May 15, 2026

Source Crexi

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 Stone House Properties, LLC


Investment Insights

Based on property information with market context.

This historic three-story bed and breakfast offers approximately 10,560 square feet of space on a roughly 1/3-acre lot. The property is within walking distance of the downtown theater and business district. It features nine unique guest suites, each with private baths and kitchenettes. An elegant entry foyer welcomes guests, leading to common spaces including a parlor, formal dining room, and fully equipped common kitchen. The first floor also includes two spacious guest suites. Maple, oak, mahogany, and blackwood flooring is present throughout the property, along with three fireplaces located in common areas on the first floor. The second floor hosts four guest suites with a shared common area, while the third floor offers three additional suites and another common gathering space. A potential private one-bedroom owner's unit is located in the basement, suitable for on-site management. The property includes an upgraded heating system with a high-efficiency Viessman boiler and architectural radiators, as well as an upgraded fire security system complete with a sprinkler system. A large parking lot is located in the rear of the property, offering a separate right of way directly onto East Housatonic Street. The property has approximately 95 feet of frontage along Wendell Avenue and is zoned DCD (Downtown Creative District). This turnkey hospitality property has historic character and strong income potential.

Key Highlights

  • Turnkey historic 9‑unit bed & breakfast with strong income potential.
  • Nine unique guest suites, each with private baths and kitchenettes.
  • Prime location within walking distance to the downtown theater/business district.

Local Financial Insights For Hotel Hospitality

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 $158.4k $15.00
− Vacancy −$23.8k −$2.25
EGI $134.6k $12.75
− OpEx −$70.7k −$6.69
NOI $64.0k $6.06
10,560 SF · lease $15.00/SF/yr · vacancy 15.00% · expense 52.50%

Alternative Uses

Best Use
Hotel Hospitality
$913.6K
$799.4K – $1.07M (±1% cap)
NOI $63,954 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.09M
$2.71M – $3.61M (±1% cap)
NOI $216,438 @ 7.0% cap · market cap 18.04%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bed & breakfasts

Suggested Use

(Bike/Boat/Book/etc) Store Carpet & Flooring Store Bakery HVAC Service Veterinary Clinic Skin Care Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Storage Facility Tattoo & Piercing Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • The Central Downtown Inn & Suites — 20 W Housatonic St, Pittsfield, MA 01201

FAQs

What type of property is this?
Bed & breakfast - Historic bed & breakfast with nine guest suites and kitchenettes.
Where is this bed & breakfast located?
The property is located at 74 Wendell Avenue Pittsfield, MA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Turnkey historic 9‑unit bed & breakfast with strong income potential.; Nine unique guest suites, each with private baths and kitchenettes.; Prime location within walking distance to the downtown theater/business district.
Contact an agent
(413) 822-1008 Call to check price and availability
More about this property
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