Introducing a premier investment in the historic Berkshires, a multi-family comprised of three apartments (2-bed, 1-bath each). Nestled in the prestigious town of Williamstown, Massachusetts, this prime location offers seamless access to New York City and Boston. Renowned for its rich cultural and academic scene, Williamstown is home to Williams College, the Clark Art Institute, and the celebrated Williamstown Theater Festival. The region’s thriving tourism industry further strengthens the market’s appeal to investors looking for stability and potential rent growth. 291 Cole Avenue may be purchased individually or alongside other adjacent multi-family properties that are available for sale. Each offering projects capitalizations of approximately 9% or better! Inquire for more details on financial records and projections.
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Last Updated: March 14th, 2025 at 7:13am
Gross Income: $54,000
Gross Expenses: $6,151
Net Income Calc: $47,849
CAP Rate: 13.67%
Annual Expenses for 291 Cole Avenue, Williamstown MA 01267
Total Gross Expenses (Calculated)$6,151/year
APOD AvailableYes
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$6,151
Annual Income & Unit Breakdown for 291 Cole Avenue, Williamstown MA 01267
Total Gross Income (Calculated)$54,000
Unit 1
Rental Income1375
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income1575
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income1550
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
General Information for 291 Cole Avenue, Williamstown MA 01267
Listing ID73340817
Property TypeMulti Family / 3 Family
Price$350,000 ($116.67/SqFt)
Style
CityWilliamstown
CountyBerkshire
MLS Area
Neighborhood(s)
Approximate Living Area Total3,000 SqFt
Approximate Lot Size (Acres)0.23 acres
Total Parking6
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsRenovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningLB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 291 Cole Avenue, Williamstown MA 01267
Disclosures for 291 Cole Avenue, Williamstown MA 01267
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$15,700
Total Gross Income By Broker$54,000
Total Net Income By Broker$32,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 291 Cole Avenue, Williamstown MA 01267
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 291 Cole Avenue, Williamstown MA 01267