Ignite FB Tracking Pixel7 Prospect Ave, 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 12
MultifamilyFor Sale
$700,000
7 Prospect Ave
Greenfield, MA 01301
Courtesy of Jones Group Realtors® - Deborah Cahillane
MLS Property Information Network
8Beds
6Baths
5,769Sq Ft
Est. Mortgage
$3,713/mo

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

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