Off Market
1574-1579 Pleasant St, Lee, MA
Lee · MA 01260
- $1,260,000
- Price
- 5
- Beds
- 4
- Baths
- 3334
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1815
Units:
3 Units
Lot size:
0.34 Acre Lot
Price per square foot:
$378 / Sq.Ft
Parking:
1 Garage Space · 9 Off Street Spaces
About this home
Historic 1815 compound — 3 independent income-producing units — $154K gross revenue in 2025. 1815 Greek Revival farmhouse duplex + converted barn — an investment rental property or family compound minutes from Main Street Stockbridge. Turnkey 5-star Airbnb, 6 years running, $154K/year. On historic registry as birthplace of a U.S. Supreme Court Justice. Compact, low-maintenance parcel — all the Berkshires, none of the yard work. Original wide-beam floors, log rafters, double-sided fireplace with brick vaulted bread oven, mature gardens with bistro tables. Three addresses — 1574, 1577 & 1579 Pleasant St. Each unit fully self-contained with own entrance, kitchen, W/D, electricity meter, and heat source. 1574: 2BR/1BA downstairs.1579: 2+BR/2BA upstairs 1577: converted barn with king bed, queen futon loft, and full bath. The hard work is done; you simply take over a fully operational hospitality business. THE NUMBERS 2025 Gross Revenue: $153,702 | NOI: $136,526 | Cap Rate: 10.84% | Gross Yield: 12.20%5-yr avg NOI: $122,423. No pro forma. No projections. All actual. Revenue documented across all seasons— summer STR, fall/winter: remote professionals, insurance relocation, medical professionals. No stabilization period needed. THE LOCATION Minutes to Tanglewood, Kripalu, Stockbridge Bowl. 2.5 hrs NYC · 2 hrs Boston. Peak STR demand June–Aug; remote professionals and corporate tenants fill all three units Sept–May. Twelve months of documented revenue, no seasonal gap over 6 years. THE OPPORTUNITY Historic designation as birthplace of U.S. Supreme Court Justice Henry Billings Brown — a permanent differentiator no new build can replicate. Active STR/MTR listings, 4.88-star brand, 180+ reviews, active forward bookings, guest handbook, host handbook, and operating playbook all convey. Municipal sewer (no Title 5) · public water · FEMA Zone X · dual residential + commercial zoning · electrical updated · 4th unit potential in unfinished barn garage. Furniture, kitchenware, linens + digital marketing assets excluded; available by separate agreement. Active STR — all units occupied.
Neighborhood & Transit
1574-1579 Pleasant St, Lee · MA 01260
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 82 days
- Listing Price:
- $1,260,000
- Price per Sq.Ft:
- $378
- Tax Assessment:
- $486,800 in 2026
- Taxes:
- $475 / Monthly
Home Facts
Interior Features
- Bedrooms
- 5
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 3,334 Sq.Ft
- Broker Disclosure about Living Area
- Original wideplank hardwood floors are uneven. Roof needs replacement in 5-7 years.
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3334
- Flooring
- Unknown
- Lead paint
- None
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 110 Volts, 220 Volts, Circuit Breakers, Individually Metered
Exterior Features
- Lot Size
- 14,810 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 1 Parking Space
- Off Street Parking
- 9 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Clapboard, Shingles, Wood, Brick, Stone
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Derek Greene
- Listing office
- The Greene Realty Group
- MLS PIN #
- 73563141
- Disclosure
- Driveway easements. Property predates USPS (1574 is on odd side of road).
- Disclosure
- Original wideplank hardwood floors are uneven. Roof needs replacement in 5-7 years.