11 Conway StreetGreenfield, MA 01301MLS Number 73051556

  • Price: $1,000,000
  • Est. Mortgage of $/month
  • 47 Days on Market
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Federal 30-year interest rate: 6.33% last updated on Dec 8, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 12Bedrooms
  • 0.09Acreage
  • 12Bathrooms
  • 1920Year Built

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LOOKING FOR A LUCRATIVE INVESTMENT PROPERTY, YOU'VE FOUND IT !!! With 12 units completely rented and a Cap Rate of 8.15% (with the opportunity to go up to 10.7%) 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. Seller prefers to sell both buildings as a package, see MLS 73051557, 7 Prospect Avenue (combined cap rate 8.27% up to 10%) This is in a Qualified Opportunity Zone !
Listed by Deborah Cahillane of Jones Group REALTORS®

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More Info

Basic Information

  • Gross Income $118,620
  • Lot Features Level
  • Mls StatusActive
  • Parcel Number 58330,3095412
  • Road Frontage DescriptionPaved

Location

  • Address11 Conway Street
  • Building Number11
  • CountyFranklin
  • StateMA
  • StreetConway Street
  • TownGreenfield
  • Zip01301

Exterior

  • RoofTar/Gravel

Property Information

  • Building Area Source Public Records
  • Living Area 7,920
  • Lot Size Square Feet 3,920
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet7,920
  • View YN Yes

Other

  • Buyer Agency Compensation2%
  • Date Listed10/24/2022
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation2%
  • View Count13

Tax Information

  • Tax Assessed Value $403,300
  • Tax Year 2022
  • Taxes$9,127

Basic Information

  • List Price$1,000,000
  • MLS Number73051556
  • Modification Date11/16/2022
  • Property SubType5-9 Family

Property

  • Acreage0.09
  • Frontage Length 49

Interior

  • Flooring Wood, Vinyl, Bamboo, Hardwood

Utilities

  • Electric 200+ Amp Service
  • Electric Expense 652
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
    • Tennis Court(s)
    • Walk/Jog Trails
  • Appliances IncludedGas Water Heater, Utility Connections for Gas Range
  • Other AmenitiesBasement, Golf, Pool, Tennis

Parking

  • Open Parking YN Yes
  • Parking Spaces

Rooms

  • Bathroom12
  • Bathrooms Total Decimal 12
  • Bedrooms12
  • Full Bath12

Building

  • BasementFull, Partially Finished, Interior Entry, Concrete
  • Building Area Units Square Feet
  • Construction Materials Brick
  • FoundationStone, Brick/Mortar
  • Foundation Area 2720
  • Garage Spaces
  • Patio And Porch Features Porch
  • Rooms30
  • Stories9
  • Utilities For Gas Range
  • Window Features Insulated Windows
  • Year Built1920
  • Year Built Details Actual
  • Year Built Source Public Records
Taylor Real Estate
Taylor Real Estate
Office: 413-527-3375
4 Liberty Street, Suite A
Easthampton, MA 01027

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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