14 & 16 Hall St Pending Save Request In-Person Tour Request Virtual Tour
North Adams,MA 01247
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 3,212 sqft
Price per Sqft $108
MLS Listing ID 246433
Style Colonial
Bedrooms 10
Full Baths 3
Year Built 1900
Annual Tax Amount $3,202
Tax Year 2025
Lot Size 6,665 Sqft
Property Description
Offered at $349,900, this rare two-address package delivers three fully leased units with strong rents and minimal maintenance.
14 Hall Street features two spacious apartments (upstairs & downstairs), each generating $1,600/month—including heat, water, trash removal, and common-area utilities—and occupied by long-term, Home Base & NAHA-assisted tenants.
At the rear is 16 Hall Street, a light-filled single-family home brings in $1,700/month (water & trash included) and boasts recent porch roofs and a new boiler was installed in Unit 14 to accommodate the two units in November 2023.
Key Investment Highlights
Stable Cash Flow: $4,900/month in gross rents (58,800/year) against just $24,700 of annual expenses, delivering a 10 plus cap rate at list price. Turnkey Condition: Major capital projects complete including boiler replacement in 14 and exterior porch roof plus a solid repair history.
Investor Appeal: Perfect for 1031 buyers, small-scale operators, or value-add investors seeking a low-management footprint with upside on market-rate rents.
Garden-Style Setting: Attractive lawns, on-site laundry, and tenant-maintained landscaping/snow removal reduce owner burden.
Don't miss this opportunity to acquire a fully managed, income-producing asset in a walkable North Adams neighborhood schedule your private tour today!
Location
State MA
Area North Registry
Interior
Heating Nat Gas,Hot Water
Flooring Carpet,Linoleum,Wood
Laundry In Basement
Exterior
Exterior Feature Trash Private,Mature Landscaping
Parking Features false
Garage Description Off Street
Roof Type Slate,Asphalt
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Brayton
High Schools Drury