10 Cherry St, Pittsfield, MA 01201 (MLS # 73467027)
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Value-add 4-family offering stable in-place income with upside in Pittsfield. The property includes two 2-bedroom units and two 1-bedroom units with dens. Tenants pay their own gas heat and electric, helping keep operating expenses low.The building is functional and currently occupied with several long-term tenants. Select units received updates in recent years. Overall condition is reflective of the area, and current rents remain below market, creating an opportunity for gradual income growth over time without immediate capital projects.Conveniently located near downtown Pittsfield and major routes. Priced to reflect location, condition, and in-place rents, this property is well-suited for investors seeking a straightforward multifamily with income today and long-term upside.
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Listing provided by Michael Parks, Jack Gately Real Estate, LLC
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