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.
For sale
$725,000
78 State Rd, Great Barrington, MA 01230
3beds
2,560sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$714,600 Zestimate®
$283/sqft
$-- HOA
What's special
Excellent visibility
- 25 days |
- 284 |
- 8 |
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