55 Crystal St, Lenox, MA 01240
sale
$1,995,000
|
Other
Courtesy Of Streamline Communities
Perched atop a gentle hill with distant Berkshire views, this distinguished former Lenox school building known as ''Crystal Hill'' has been thoughtfully converted into 10 residential apartments plus one office space. The historic masonry structure combines character and stability with modern updates, including hardwood floors, spacious layouts, and separate hot water and electric meters for each unit. Strong rental income and solid cap rate make this an attractive investment in one of the county's most sought-after towns. Set on two scenic acres, the property offers ample parking, coin-operated laundry, three storage rooms, and a boiler room. Capital improvements include a Simplex fire alarm system (2014), roof replacements (2015 & 2016), apartment upgrades (2019) a new driveway (2021), and fresh exterior paint (2022). Just minutes from downtown Lenox, this rare offering combines income stability, long-term appreciation potential, and timeless Berkshire charm, an opportunity not to be missed.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Appliance: Refrigerator
- Appliance: Dryer
- Appliance: Range
- Appliance: Washer
- Building Units: 9
- MLSID: 248234
- Roof Type: Asphalt
- Rooms: Basement
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