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11 Conway St, 
Greenfield, MA 01301

$925,000


12

Beds


12

Baths


7,920

Sq Ft


Multi-Family

Sold

Listed by

Deborah Cahillane

Jones Group Realtors®

413-323-7295

MLS#

73097040

Source:

MLSPIN

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About This Home

11 Conway St

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

Home Facts

Multi-Family

12 Baths

12 Bedrooms

Built in 1920

Price Summary

1,000,000

$126 per Sq. Ft.

MLS #:

73097040

Sold:

October 6, 2023


Rooms & Interior

Bedrooms

Total Bedrooms:

12

Bathrooms

Total Bathrooms:

12

Full Bathrooms:

12

Interior

Living Area:

7,920 Sq. Ft.


Structure

Structure

Year Built:

1920


Lot

Lot Size (Sq. Ft):

3,920


Finances & Disclosures

Finances

Price:

$1,000,000

Price per Sq. Ft:

$126 per Sq. Ft.

Source:MLSPIN
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