11 Conway St
Greenfield, MA 01301

  • 12 beds
  • 12 baths
  • 7,920 sqft
  • 3,920 sqft lot
  • $116 per sqft
  • 1920 build
  • on site

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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

MLS Property Information Network, Inc. logo Listing courtesy of MLSPIN / Deborah Cahillane / Jones Group REALTORS®

Last checked: Checking… • Last updated Oct 10, 2023 •

MLS# 73097040 —

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Sale history

Date Event Source Price % Change
10/6/23
Sold MLSPIN $925,000 -7.5%
9/7/23
Pending MLSPIN $1,000,000
4/11/23
Listed / Active MLSPIN $1,000,000

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Multifamily Sold on 10/6/2023

$925,000

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Listing Courtesy of: MLSPIN and Jones Group REALTORS®.

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