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11 Conway St, Greenfield, MA

Greenfield · MA 01301

$925,000
Price
12
Beds
12
Baths
7920
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 12 Units
Lot size: 3,920 Sq.Ft Lot
Price per square foot: $126 / Sq.Ft
Parking: No Parking

About this home

LOOKING FOR A LUCRATIVE INVESTMENT PROPERTY, YOU'VE FOUND IT !!! With 12 units (6 one bedroom & 6 studio) completely rented this is a great property to add to your portfolio. All units are month to month rental agreements, tenants pay their own electric (separately metered). Gas for heat and hot water paid by landlord. Security deposits being held on all units. Vacancies are never a problem !! There have been no vacant months in the past 5 years (actually, much longer !) There is a large basement with a concrete floor and a number of separate rooms that could easily be made into tenant storage and/or laundry for extra income. Rubber roof installed 2002, new boiler 2014, newer hot water system, 200 amp service, 3 phase electrical. Very well maintained and in great condition. This is in a Qualified Opportunity Zone ! As of June 2023 rent is $10,630 per month !! Cap rate 9.5%, GRM 7.84

Neighborhood & Transit

11 Conway St, Greenfield · MA 01301

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1303 days
Listing Price:
$1,000,000
Price per Sq.Ft:
$126
Tax Assessment:
$403,300 in 2022
Taxes:
$762 / Monthly

Home Facts

Interior Features

Bedrooms
12
Full Bathrooms
12
Half Bathrooms
0
Living Area
7,920 Sq.Ft
Broker Disclosure about Living Area
Six, one bedroom units and Six, studios
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
7920
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
200 Amps

Exterior Features

Lot Size
3,920 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Brick
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Deborah Cahillane
Listing office
Jones Group REALTORS®
MLS PIN #
73097040
Disclosure
This is in a Qualified Opportunity Zone ! Thermostat is in unit 3. Porch roof easement. Possible knob & tube.
Disclosure
Six, one bedroom units and Six, studios