40 Reed St, Pittsfield, MA, 01201
About This Home
14 Unit investment opportunity! Located just outside of downtown Pittsfield and within walking distance to shops, restaurants, and the Colonial Theater. Classic brick exterior and excellent off street parking. All units feature one bedroom and separate utilities. Coin-op laundry located on site for additional income.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Roof: Other
Type & Style
- Home type: Townhouse
- Architectural style: Row House
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Range,Refrigerator
Basement
- Has basement: Yes
- Basement: Unfinished,Interior Entry,Full
Bedrooms & Bathrooms
- Bedrooms: 14
- Bathrooms: 14
- Full bathrooms: 14
Features
- Flooring: Carpet,Ceramic Tile,Laminate,Wood
Heating & Cooling
- Heating features: Electric,Nat Gas,Forced Air
- Cooling features: Electric
Interior Area
- Total structure area: 9,928
- Total interior livable area: 9,928 sqft
Property
Details
- Parcel number: PITTMH08B0003L005
- Zoning description: Multi
Lot
- Lot size: 9,583 sqft
Parking
- Total spaces: 8
- Parking features: Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Cold Wave
- Hurricane
- Ice Storm
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,815 | $69,780 |
| Home Insurance * | $538 | $6,456 |
| Property Taxes | $1,723 | $20,676 |
| Electricity | $1,957 | $23,492 |
| Total | $10,033 | $120,396 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-04 | Price change | $1,200,000 |
| 2026-04-01 | Listed for sale | $1,250,000 |
| 2019-06-28 | Sold | $745,000 |
| 2012-12-04 | Sold | $565,000 |
| 1993-08-30 | Sold | $105,000 |
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