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40 Perrine Avenue
40 Perrine Avenue, Pittsfield, MA 01201
Ten-unit Pittsfield multifamily opportunity with lease-up potential.
Property overview
An industrial opportunity with real operating context.
40 Perrine Avenue is a 10-unit multifamily property in Pittsfield comprising nine one-bedroom, one-bath apartments and one studio. The source package identifies eight units as vacant and ready to lease up, with the seller stating the city-required sprinkler work will be completed before sale.
Units
10 residential units
Unit mix
9 one-bedroom · 1 studio
Lease-up
8 units identified as vacant
Occupied units
2 units shown occupied
Sprinkler work
Seller states city-required work will be completed
Highlights from the package
Property details that matter.
01
Exterior property image is included in the source package.
02
Vacant units are described as ready to lease up.
03
Seller package identifies the required fire-sprinkler completion.
04
Full seller package available on request.
Seller reported financials
Investment snapshot.
Public financial information from the supplied seller package. LGCY has not independently verified these figures.
Asking price
$850,000
Price per unit
$85,000 per unit
Residential units
10
Unit mix
9 one-bedroom + 1 studio
Vacancy
8 vacant
Vacancy status
Ready to lease up
Current rent, 2 units
$2,500/mo
Average rent
$1,250
Gross potential, all 10 units
$150,000/yr
Seller reported rent roll
Seller rent roll dated 02/05/2026
| Unit | Layout | Current | Market | Lease end |
|---|---|---|---|---|
| 1 | 1/1 | Vacant | — | — |
| 2 | 1/1 | Vacant | — | — |
| 3 | 1/1 | $1,200 | — | — |
| 4 | Studio | Vacant | — | — |
| 5 | 1/1 | Vacant | — | — |
| 6 | 1/1 | Vacant | — | — |
| 7 | 1/1 | Vacant | — | — |
| 8 | 1/1 | $1,300 | — | — |
| 9 | 1/1 | Vacant | — | — |
| 10 | 1/1 | Vacant | — | — |
Source notes and buyer verification
- Seller states the city-required fire sprinkler installation will be completed.
- Off-market multifamily offering. Information deemed reliable but not guaranteed. Buyer to verify all figures.
Qualified buyer access
Request the 40 Perrine Avenue property package.
Send your details to open the original property package. LGCY will also follow up to understand your criteria and answer questions about the opportunity.