OFF MARKET
15 East St
Stockbridge, MA 01262
- 55 Beds
- 24 Baths
- 100,000 sqft (on 6 acres)
- 55 Beds
- 24 Baths
- 100,000 sqft (on 6 acres)
55 Beds
24 Baths
100,000 sqft
(on 6 acres)
Homes for Sale Near 15 East St
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- Suzann Laverack Ward, HOUSATONIC REAL ESTATE
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Description
This property is not currently for sale or for rent on Trulia. The description and property data below may have been provided by a third party, the homeowner or public records.
Buyer's Agents Welcome. 6+ acres with 10 existing buildings. Over $750K invested into the property over the last 4 years.
The property can be lived in or you can rent out a few of the buildings immediately to generate income (the 6 bedroom could be lived in, we just had tenants move out, the average rent the tenants have been paying for the 6 bedroom is $3,000 to $3200 a month. The Barn, the Theater and the Dance Halls just need some cleaning and can be rented immediately for 1200 to 3600 per building (we have had a few tenants renting it for various purposes), or they can be lived in and converted into artist studio live and work spaces easily). The 4 bedrooms need to be repaired, the 32 bedroom needs renovations, the 2 1 room cabins can be quickly repaired and rented for 850 to 1200 a month each). Without building anything new, just by repairing the existing buildings the property can generate somewhere between 12 to 22 thousand in rent. The area generated very high rents and very high sales figures for sale of homes.
10 existing buildings on property including:
a 32 bedroom / 16 bathroom home, with a large commercial kitchen and a large dinning hall, numerous other rooms and a huge high ceiling attic (the 32 bedroom is set up in a style of the Red Line Inn Hotel (requires renovation but is structurally sound)
a 6 bedroom home fully gut renovated and restored in 2019 (all new sheetrock throughout, new granite counter-top kitchens, artistic designed kitchen cabinets with LED lights designed by a world class artist, extremely unique, marble bathroom, 6 bedrooms 2 bathroom with a garage, a front porch a back porch and a 6 person cold weather Jacuzzi
2 large dance halls with other rooms, and a 1 bedroom apartment (unfinished) on the second floor.
A large cathedral Ceiling Theater can be converted into living space or used for a church, a performance space, a club or restaurant or used for indoor growing, or indoor glam tenting concept).
A large 2 story barn can also be converted into a multi bedroom home or one of the concepts above
a 4 bedroom / 2 bathroom home needs restoration (floor joists, roof etc...) could be rebuilt into 2 units)
a second 4 bedroom home needs to be rebuilt (barn and yard construction, collapsed roof) can be rebuilt into a 6 bedroom home
2 1 room / 1 bathroom cabins can be restored or connected and built into 2 larger homes
A large commercial pool (needs cleaning and to be restored on property can be redesigned into a large commercial pool, a lobster farm or another concept)
The property also comes with another piece of land with a commercial pump house( commercial grade can serve a few hundred people on property)
Each building has its own working septic.
The big 32 bedroom has a septic, which needs to be rebuilt (30 to 50K) or a new sewer line can be brought in to service all the buildings for under 100K)
Each building has its own electric meter. All buildings have running water, own electricity and their own working septic systems
During the season (late spring to late autumn it is impossible to find a room for rent in the area. All units are sold out to accommodate millions of tourists who come to the area for numerous activities within a 5 minute dive from the property
We estimate that the property can support 14 to 22 homes on property.
The owner is open to sell the property outright, to provide the property or parts of the property under a short or long lease (10 to 30 years), or to enter into a partnership with an experienced partner / developer / operator to turn it into a resort or a luxury condo concept.
We estimate that a luxury development can generate about $8 million dollars in profits for the developer from the sale of the Condo units / homes. If the developer chooses to also run these homes for the new owners as an AirBnB hotel than such a property manager could generate another $600K to 1.2 million in annual income for themselves
The property can be lived in or you can rent out a few of the buildings immediately to generate income (the 6 bedroom could be lived in, we just had tenants move out, the average rent the tenants have been paying for the 6 bedroom is $3,000 to $3200 a month. The Barn, the Theater and the Dance Halls just need some cleaning and can be rented immediately for 1200 to 3600 per building (we have had a few tenants renting it for various purposes), or they can be lived in and converted into artist studio live and work spaces easily). The 4 bedrooms need to be repaired, the 32 bedroom needs renovations, the 2 1 room cabins can be quickly repaired and rented for 850 to 1200 a month each). Without building anything new, just by repairing the existing buildings the property can generate somewhere between 12 to 22 thousand in rent. The area generated very high rents and very high sales figures for sale of homes.
10 existing buildings on property including:
a 32 bedroom / 16 bathroom home, with a large commercial kitchen and a large dinning hall, numerous other rooms and a huge high ceiling attic (the 32 bedroom is set up in a style of the Red Line Inn Hotel (requires renovation but is structurally sound)
a 6 bedroom home fully gut renovated and restored in 2019 (all new sheetrock throughout, new granite counter-top kitchens, artistic designed kitchen cabinets with LED lights designed by a world class artist, extremely unique, marble bathroom, 6 bedrooms 2 bathroom with a garage, a front porch a back porch and a 6 person cold weather Jacuzzi
2 large dance halls with other rooms, and a 1 bedroom apartment (unfinished) on the second floor.
A large cathedral Ceiling Theater can be converted into living space or used for a church, a performance space, a club or restaurant or used for indoor growing, or indoor glam tenting concept).
A large 2 story barn can also be converted into a multi bedroom home or one of the concepts above
a 4 bedroom / 2 bathroom home needs restoration (floor joists, roof etc...) could be rebuilt into 2 units)
a second 4 bedroom home needs to be rebuilt (barn and yard construction, collapsed roof) can be rebuilt into a 6 bedroom home
2 1 room / 1 bathroom cabins can be restored or connected and built into 2 larger homes
A large commercial pool (needs cleaning and to be restored on property can be redesigned into a large commercial pool, a lobster farm or another concept)
The property also comes with another piece of land with a commercial pump house( commercial grade can serve a few hundred people on property)
Each building has its own working septic.
The big 32 bedroom has a septic, which needs to be rebuilt (30 to 50K) or a new sewer line can be brought in to service all the buildings for under 100K)
Each building has its own electric meter. All buildings have running water, own electricity and their own working septic systems
During the season (late spring to late autumn it is impossible to find a room for rent in the area. All units are sold out to accommodate millions of tourists who come to the area for numerous activities within a 5 minute dive from the property
We estimate that the property can support 14 to 22 homes on property.
The owner is open to sell the property outright, to provide the property or parts of the property under a short or long lease (10 to 30 years), or to enter into a partnership with an experienced partner / developer / operator to turn it into a resort or a luxury condo concept.
We estimate that a luxury development can generate about $8 million dollars in profits for the developer from the sale of the Condo units / homes. If the developer chooses to also run these homes for the new owners as an AirBnB hotel than such a property manager could generate another $600K to 1.2 million in annual income for themselves
Home Highlights
Parking
Garage
Outdoor
Porch, Patio, Deck, Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info
Home Details for 15 East St
Interior Features |
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Interior Details BasementAtticNumber of Rooms: 70Types of Rooms: Walk In Closet, Breakfast Nook, Dining Room, Family Room, Library, Master Bath, Office, Pantry, Recreation Room, Workshop |
Heating & Cooling Heating: Forced Air, Gas, Propane ButaneAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 3Floors: Carpet, Concrete, Hardwood |
Appliances & Utilities Cable ReadyDryerWasher |
Fireplace & Spa Fireplace |
Security Security System |
Exterior Features |
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Exterior Home Features Roof: Asphalt, Shake ShingleDeckExterior: Wood, BrickGardenLawnPatioPorch |
Parking & Garage GarageParking Spaces: 50Parking: Carport, Garage Attached, Off Street |
Pool Pool |
Property Information |
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Year Built Year Built: 1984Year Updated: 2019 |
Property Type / Style Property Type: Multi FamilyArchitecture: Colonial |
Rental |
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Furnished |
Community |
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Units in Building: 11 |
Lot Information |
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Lot Area: 6.00 acres |
Mobile R/V |
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RV Parking Rv Parking |
Building |
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Fitness & Sports Tennis Court |
Price History for 15 East St
Date | Price | Event | Source |
---|---|---|---|
11/01/2022 | ListingRemoved | BCMLS #237693 | |
08/02/2022 | $1,800,000 | PriceChange | BCMLS #237693 |
05/24/2022 | $1,200,000 | Listed For Sale | BCMLS #237693 |
09/30/2015 | $100,000 | Sold | BCMLS #208048 |
Comparable Sales for 15 East St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
---|---|---|---|---|---|---|---|
2.23 | Multi-Family Home | $375,000 | 12/05/23 | 7 | 3 | 3,164 | |
2.66 | Multi-Family Home | $75,000 | 12/29/23 | 5 | 2 | 2,294 | |
2.66 | Multi-Family Home | $75,000 | 12/29/23 | 5 | 2 | 2,294 | |
2.69 | Multi-Family Home | $208,762 | 01/26/24 | 5 | 3 | 4,043 | |
2.56 | Multi-Family Home | $275,000 | 10/02/23 | 4 | 2 | 1,788 | |
3.20 | Multi-Family Home | $395,000 | 05/09/23 | 5 | 3 | 2,930 | |
3.31 | Multi-Family Home | $445,000 | 03/21/24 | 6 | 3 | 2,743 | |
4.75 | Multi-Family Home | $275,000 | 02/05/24 | 4 | 2 | 2,175 |
Assigned Schools
These are the assigned schools for 15 East St.
- Monument Mt Regional High School
- 9-12
- Public
- 502 Students
7/10GreatSchools RatingParent Rating AverageStrong school with lots of opportunities for personalization. Caring and supportive faculty and staff. Students connect across all different groups.Parent Review1y ago - Muddy Brook Regional Elementary School
- PK-4
- Public
- 318 Students
8/10GreatSchools RatingParent Rating AverageWe have been at Muddy Brook for 5 years and will be there for 5 more. We LOVE this school. Problems are handled proactively and the teachers not only focus on academics, but social skills as well. They teach about inclusion, kindness and empathy. My kids have never said they didn't want to go to school. As parents, when we hit a parenting challenge, the teachers made positive recommendations for us to help us get answers. The school not only supports its kids, but supports the parents, too.Parent Review5y ago - W.E.B. Du Bois Regional Middle School
- 5-8
- Public
- 344 Students
4/10GreatSchools RatingParent Rating AverageThis school district discriminates,does not follow the state federal guidelines for children with special needs,and would rather toss them aside,because they just don't want to deal with the behavioral children,a suit will be filled and public awarrness will be widely known,the now bullying law and no child left behind is not being implemented at this district.Its the teachers and the system that we need to protect our children from.signed a mother who will fight for her childs rights yParent Review9y ago - Check out schools near 15 East St.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
What Locals Say about Stockbridge
- George
- Resident
- 4y ago
"The area has great schools and is very safe. The town is very clean and good parks. All our neighbors are very friendly."
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Homes for Rent Near 15 East St
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Off Market Homes Near 15 East St
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- Mary Jo Piretti Miller, PIRETTI REAL ESTATE
- The Kahn Team, ALL SEASONS REALTY GROUP
- Pamela Roberts, ROBERTS & ASSOC. REALTY, INC
- Patricia Andrew, STONE HOUSE PROPERTIES, LLC
- Maureen White Kirkby, BERKSHIRE HATHAWAY HOMESERVICES BARNBROOK REALTY
- Michael A Sorrentino, BERKSHIRE HATHAWAY HOMESERVICES REALTY PROFESSIONALS-WESTFIELD
- Comparable Entry Listing, COMPARABLE LISTING ONLY
- See more homes for sale inStockbridgeTake a look
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15 East St, Stockbridge, MA 01262 is a 55 bedroom, 24 bathroom, 100,000 sqft multi-family built in 1984. This property is not currently available for sale. 15 East St was last sold on Sep 30, 2015 for $100,000.