7 Prospect AvenueGreenfield, MA 01301MLS Number 73051557

  • Price: $700,000
  • 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.
  • 8Bedrooms
  • 0.2Acreage
  • 6Bathrooms
  • 1900Year Built

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LOOKING FOR A LUCRATIVE INVESTMENT PROPERTY, YOU'VE FOUND IT !!! With 6 units completely rented and a Cap Rate of 8.4% (with the opportunity to go up to 9%) this is a great property to add to your portfolio. All units are month to month rental agreements, tenants pay their own electric and gas for their hot water heaters (separately metered). Gas for heat paid by landlord. Security deposits being held on all units. Vacancies are never a problem !! There has been one vacant month in the past 5 years for renovations, that's it ! There is a large basement with a concrete floor that could easily be made into tenant storage and/or laundry for extra income. Unit's 3 & 5 are very large and 3 bedrooms may be possible? Rubber roof main 2005; small 2022, new boiler 2017, hot water heaters vary 2017 - 2021. Very well maintained and in great condition. Seller prefers to sell both buildings as a package, see MLS 73051556, 11 Conway St (combined cap rate 8.27% up to 10%) Qualified Opportunity Zone
Listed by Deborah Cahillane of Jones Group REALTORS®

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More Info

Basic Information

  • Gross Income $86,100
  • Lot Features Easements, Additional Land Avail., Cleared, Level
  • Mls StatusActive
  • Parcel Number 27240,3094574
  • Road Frontage DescriptionPaved

Location

  • Address7 Prospect Avenue
  • Building Number7
  • CountyFranklin
  • StateMA
  • StreetProspect Avenue
  • TownGreenfield
  • Zip01301

Exterior

  • RoofRubber

Property Information

  • Building Area Source Public Records
  • Living Area 5,769
  • Lot Size Square Feet 8,712
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet5,769
  • View YN Yes

Tax Information

  • Tax Assessed Value $341,400
  • Tax Year 2022
  • Taxes$7,368

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms8
  • Full Bath6

Building

  • BasementFull, Bulkhead, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationBrick/Mortar
  • Foundation Area 1806
  • Garage Spaces
  • Patio And Porch Features Porch
  • Rooms25
  • Stories5
  • Utilities For Gas Range, For Electric Range
  • Window Features Insulated Windows
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Other

  • Buyer Agency Compensation2%
  • Date Listed10/24/2022
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation2%
  • View Count12

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Shared Driveway, Off Street, Assigned, Paved
  • Parking Spaces

Basic Information

  • List Price$700,000
  • MLS Number73051557
  • Modification Date11/16/2022
  • Property SubType5-9 Family

Property

  • Acreage0.2
  • Frontage Length 84

Interior

  • Flooring Vinyl, Hardwood

Utilities

  • Electric Individually Metered
  • Electric Expense 486
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Conservation Area
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Tennis Court(s)
    • Walk/Jog Trails
  • Appliances IncludedGas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range
  • Other AmenitiesBasement, Tennis
Taylor Real Estate
Taylor Real Estate
Office: 413-527-3375
4 Liberty Street, Suite A
Easthampton, MA 01027

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