Ignite FB Tracking Pixel11 Conway St, Greenfield, MA 01301 - TRADEMARK REAL ESTATE | "Creating Results That Move You!"
TRADEMARK REAL ESTATE     |     "Creating Results That Move You!"
TRADEMARK REAL ESTATE | "Creating Results That Move You!"Phone: (413) 665-2155
Email: [email protected]
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listing
1 of 17
MultifamilyFor Sale
$1,000,000
11 Conway St
Greenfield, MA 01301
Courtesy of Jones Group Realtors® - Deborah Cahillane
MLS Property Information Network
12Beds
12Baths
7,920Sq Ft
Est. Mortgage
$5,262/mo

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 !

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Information courtesy of Jones Group Realtors® is subject to verification and is not guaranteed.
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