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.