11 Conway St, Greenfield, MA 01301 - MLS#73097040 - Caryn Hesse

$925,000

Est. payment - /mo

12 Beds

12 Baths

7,920 SqFt

UPDATED:

Key Details

Sold Price $925,000

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,920 sqft

Price per Sqft $116

MLS Listing ID 73097040

Bedrooms 12

Full Baths 12

Year Built 1920

Annual Tax Amount $9,149

Tax Year 2022

Lot Size 3,920 Sqft

Property Sub-Type 5-9 Family

Property Description

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

Location

State MA

County Franklin

Zoning CC

Interior

Flooring Wood, Vinyl, Bamboo, Hardwood

Exterior

Exterior Feature Porch

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, Sidewalks

Utilities Available for Gas Range

View Y/N Yes

View City View(s)

Roof Type Rubber

Building

Lot Description Level

Story 9

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

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Listed by Jones Group REALTORS®
Bought with Deborah Cahillane • Jones Group REALTORS®

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Caryn Hesse

+1(413) 588-7999

Agent | License ID: 9569039

Agent License ID: 9569039

11 Conway St Greenfield, MA 01301