Property Type:
MultiFamily
Bedrooms:
10
Baths:
3
Square Footage:
3,212
Lot Size (sq. ft.):
6,665
Status:
Closed
Current Price:
$330,000
List Date:
5/22/2025
Last Modified:
8/12/2025
Overview
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.
Supplements:
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 laun
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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!
Last Updated: August - 12 - 2025
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