$1,260,000

House for sale Lee
Property photo number 1 of 16 Photos for Property. File  105190768_29_84804791782982bd55eed1c720c0a133.jpeg

Overview

SUMMARY: Discover an opportunity with this Lee house for sale and available for $1,260,000. This could be your next ideal home or a smart investment. More details await.
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 and 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.
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Details

  • Beds: 5
  • Baths: 4
  • Price: $1,260,000
  • Area: 3,334 sqft

Location

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