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 currently 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.
For sale
$995,000
465 Chapel St, Lee, MA 01238
7beds
5,690sqft
Multi Family
Built in 1880
-- sqft lot
$933,900 Zestimate®
$175/sqft
$-- HOA
What's special
One spacious two-bedroom unitTwo efficiency one-bedroom unitsSix standard one-bedroom units
- 48 days |
- 248 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Timothy Gallagher 413-822-1008,
STONE HOUSE PROPERTIES, LLC
Source: BCMLS,MLS#: 249582
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 9
- Full bathrooms: 9
Heating
- Nat Gas
Appliances
- Laundry: In Basement, Coin Op
Features
- Flooring: Linoleum, Wood
- Basement: Exterior Entry,Unfinished,Interior Entry,Concrete,Bulk head
Interior area
- Total structure area: 5,690
- Total interior livable area: 5,690 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Lot
- Size: 2.5 Acres
Details
- Additional structures: Outbuilding
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Trash Private
Community & HOA
Location
- Region: Lee
Financial & listing details
- Price per square foot: $175/sqft
- Tax assessed value: $777,000
- Annual tax amount: $8,741
- Date on market: 5/19/2026
Estimated market value
$933,900
$887,000 - $981,000
$2,226/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Listed for sale | $995,000-11.6%$175/sqft |
Source: | ||
| 9/2/2025 | Listing removed | $1,125,000$198/sqft |
Source: | ||
| 3/1/2025 | Listed for sale | $1,125,000+95.7%$198/sqft |
Source: | ||
| 3/6/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/15/2017 | Listing removed | $965 |
Source: Zillow Rental Manager Report a problem | ||
| 8/15/2017 | Listed for rent | $965+1.6% |
Source: Owner Report a problem | ||
| 1/8/2016 | Listing removed | $950 |
Source: Storybook Homes Report a problem | ||
| 11/17/2015 | Listed for rent | $950 |
Source: Storybook Homes Report a problem | ||
| 7/31/2014 | Sold | $575,000-11.5%$101/sqft |
Source: | ||
| 4/5/2014 | Listing removed | $650,000$114/sqft |
Source: BERKSHIRE PROPERTY AGENTS #202080 Report a problem | ||
| 5/4/2013 | Listed for sale | $650,000+45.4%$114/sqft |
Source: BERKSHIRE PROPERTY AGENTS #202080 Report a problem | ||
| 5/23/2003 | Sold | $447,000$79/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 01238
Nearby schools
GreatSchools rating
- 5/10Lee Elementary SchoolGrades: PK-6Distance: 1 mi
- 7/10Lee Middle/High SchoolGrades: 7-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Lee
- Middle: Lee
- High: Lee
Source: BCMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Massachusetts
- Berkshire County
- Lee
- 01238
- 465 Chapel St







