Property profile

20 Housatonic St Pittsfield, MA 01201

OFF-MARKET
Commercial real estate
Property ID
US38-1227279
1.85 ac lot Built 1986
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Lot 1.85 ac (80,455 SF)
Zoning code DCD
APN PITT M:H08 B:0018 L:108
UPID US38-1227279

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Hotel & Motel

Location

20 Housatonic St Pittsfield, MA 01201-6065
Pittsfield metro Census 900100 PITTSFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.05M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.01M

Owner & transaction history

since 2025
Last sale
$2.2M
5 recorded transactions
2025
$2.2M
2021
$2.2M
2010
Price N/A
2009
Price N/A
2008
Price N/A

Zoning & alternative use

DCD · Pittsfield, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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