20 Housatonic St, Pittsfield, MA 01201-6065

This exceptional 26-suite hotel, located at 20 W Housatonic St, Pittsfield, MA 01201, presents a unique investment opportunity in the heart of the Berkshires. The property, encompassing 13,000 square feet across three, two-story buildings on a 1.85-acre lot, underwent a complete renovation in 2023. Originally constructed in 1986, the inn boasts 26 condo-like suites, each featuring a full kitchen, catering to a diverse clientele including business travelers, leisure guests, and long-term residents. The suites are equipped with king, queen, and double beds, offering flexibility and comfort. Its prime location in Pittsfield, within easy reach of Lenox, Stockbridge, Tanglewood, and Lee, ensures high occupancy rates and strong revenue potential. The property benefits from its location in a Federal Opportunity Zone, providing significant tax advantages. The inn's efficient design and high occupancy allow for minimal staffing requirements, making it ideal for owner-operators or remote management. This turnkey operation offers a compelling entry point into the extended-stay market within a thriving cultural hub. The property is zoned RM and offers a blend of transient and extended-stay guests, creating a consistent revenue stream. The asking price is $2,925,000.