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465 Chapel St

Lee, MA 01238
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$995,000 $4,194/Mo
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Bed 10

Bed

Bath 9

Bath

SqFt5,690

Sqft

Acres2.50

Acres(Lot)

For Sale: 9-Unit Victorian Investment Property - Prime South County Location This is an exceptional opportunity to own a fully occupied, income-producing Victorian multifamily property set on 2.5 beautifully landscaped acres in a highly desirable South County location. Combining classic charm with strong rental performance, this property is ideal for investors seeking both stability and long-term potential-MLS listing only displays 8 units. Please see rent roll under documents. The building features a total of nine residential units, thoughtfully configured to attract a diverse tenant base. There are two efficiency one-bedroom units, one spacious two-bedroom unit, and six standard one-bedroom units, each offering a comfortable layout with a living room and full kitchen. The property is c urrently fully occupied, providing immediate and consistent rental income. It has a strong occupancy history and appealing unit mix contribute to long-term tenant retention and investment reliability. The grounds are beautifully landscaped, enhancing curb appeal while offering a pleasant environment for residents. The expansive 2.5-acre lot provides a sense of privacy and space that is rarely found in multifamily properties of this size. Additional amenities include private parking for up to 16 vehicles, ensuring convenience for tenants, as well as a coin-operated washer and dryer that generates supplemental income. A storage shed is also located on the property, offering space for maintenance equipment or tenant use. Recent updates include a furnace and chimney liner that are both less than one year old, helping to reduce immediate capital expenses and improve overall efficiency. An extra lot is included with the sale, presenting potential for future development, expansion, or added value. This is a turnkey investment opportunity in a desirable location, offering immediate income with room for future growth. Financial details are available upon request for qualified buyers.

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Detail Ic Property Details

Property Type : Residential Income

Price : $995,000

AD Id : 78940156

MLS Id : 249582

Beds : 10

Lot Size : 2.50 Acres

Living Area Size : 5,690

Year Built : 1880

County : Berkshire

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Feature Features

  • Bedroom Information

    Total beds: 10

    Bathroom Information

    Total Baths: 9 Full Baths: 9

    Room Information

    Has Basement: Yes Basement: Concrete, Exterior Entry, Unfinished

  • Flooring Information

    Vinyl, Linoleum, Wood

  • Roofing Information

    Asphalt

  • Interior Features

    Roof: Asphalt Laundry Features: Common Area, In Basement

  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas

  • Building Information

    Year Built: 1880 Building Area Total: 5690 Private Pool: No

  • Lot Information

    Lot Dimensions: 108,900 Main Square Feet: 2.5 Acres Lot Size Acres: 2.5 Lot Size Square Feet: 108900

  • Listing Price Information

    Listing Price: $995000

  • Tax Information

    Tax Year: 2025 Annual Tax: $8741

  • School Information

    Elementary School: Lee
    Junior High School: Lee
    Senior High School: Lee

  • Location Information

    Direction: Heading into downtown Lee, go east on Rt 20 (Chapel Street) toward Becket. Pass the Lee Outlet Village, subjectt property on the left side. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
160 High St, Lee, MA, 01238 $995,000 4 7 6,300 6,300 SqFt
80-82 Prospect St, Lee, MA, 01238 $475,000 4 3 1,800 1,800 SqFt
1574-1579 Pleasant St, Lee, MA, 01238 $1,260,000 6 4 3,334 3,334 SqFt

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Information from the Berkshire County Board of REALTORS®, Inc. or its Multiple Listing Service, Information herein believed to be accurate, but not warranted. All right, title and interest in the exclusively listed property information represented on this website was created, maintained and copyrighted by the Berkshire County Board of REALTORS®, and in copyrights therein, shall at all times remain vested in the Berkshire County Board of REALTORS®. As a Participant of the Berkshire County Multiple Listing Service, this company was granted a lease to use this information in accordance with all rules and regulations of the Service. This information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright ©2026 Berkshire County Multiple Listing Service. All rights reserved.

ByOwner last updated this listing 07/08/2026 @ 04:24

MLS: 249582 LISTED BY: Timothy Gallagher, STONE HOUSE PROPERTIES, LLC 413-232-4253 SOURCE: Berkshire County Board of REALTORS

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