78 State Rd, Great Barrington, MA, 01230
3 beds
3 Full / 1 Half baths
1900
Colonial
2,560 sqft
Investment Opportunity - 4-Unit Mixed-Use Property in Downtown Great Barrington, MA Prime downtown Great Barrington location! This well-maintained 4-unit mixed-use property includes three 1-bedroom apartments and one street-level commercial space offering excellent visibility and steady foot traffic. Two of the residential units are currently occupied by long-term tenants with strong payment history, while two units (one apartment and the commercial space) are vacant, providing immediate value-add potential for an investor or owner-occupant. At full occupancy, the property is projected to generate approximately $5,800/month in gross rents, with estimated expenses of $1,145/month, yielding a pro forma cap rate of approximately 7.7 based on anticipated rents of $1,450/month for the vacant units. Actual performance may vary; all figures should be independently verified by buyers and agents. Located just steps from Great Barrington's shops, restaurants, and cultural attractions, this property combines stable income, upside potential, and an unbeatable location in one of Berkshire County's most desirable downtown markets.
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
Business, Multi
Heating:
Forced Air
Basement:
Dirt Floor, Full
Parking:
Off Street
Lot Size:
43 x 103
Acreage:
0.11
Est. Taxes:
$5,284
Assessment
$383,200
Construction
Wood Frame, Clapboard
Lot Description:
Corner
Elementary School:
Muddy Brook Reg.
Middle School:
W.E.B. DuBois Middle School
High School:
Monument Mountain
Days on Market:
159
MLS #:
247993
Community Info
School Info
Walk Score
Mass Transit
Yelp
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