Active
283 Days on market
11 Conway St Greenfield — Photo 1 of 25

11 Conway St Greenfield — Photo 1 of 25

Recent Drop: $500,000

$2,100,000
$1,600,000

$1,600,000

Investment Analysis — 11 Conway St

Greenfield, MA 01301

Based on rent reported on the MLS listing, a 12-unit multi-family in 01301 carries $19,147/mo in gross rent — about a 9.92% cap rate and $158,646/yr in estimated NOI at the $1,600,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

18

Baths

12

SqFt

7,920

Style

5-9 Family

Built

1920

11 Conway St offers a rare chance to acquire a fully stabilized, cash-flowing multifamily in a prime downtown location. This well-maintained 12-unit building features a balanced mix of 6 one-bedroom units and 6 two bedroom units, with just two current vacancy. Tenants are responsible for their own electric (individually metered), while the landlord covers gas for heat and hot water. A strong rent roll provides consistent, dependable income from day one. Operational highlights include:10-year-old roof, Updated plumbing- APO, Coin-operated laundry for additional revenue, and All tenants are month-to-month, allowing for future rent optimization and strategic repositioning. This property is part of a 76 Unit Portfolio (MLS #s: 73459676, 73459674, 73459675, and 73459677.)With its excellent location, stable occupancy, and built-in value-add potential, this property is an ideal choice for both seasoned and new investors looking to expand their portfolio in Massachusetts.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$2,100,000
Annual Taxes$15,975

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms30
FireplacesNone
FlooringWood, Vinyl, Hardwood
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofRubber
FoundationStone, Brick/Mortar
ZoningCC

Property & Lot

Acres0.09
SqFt Lot3,920
Lot FeaturesLevel

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Property History

Price Drop
$1,600,000

Was $1,700,000

Aug 19, 2026

MLS® 73459673

Price Drop
$1,700,000

Was $1,900,000

Jul 27, 2026

MLS® 73459673

Price Drop
$1,900,000

Was $2,100,000

Jun 23, 2026

MLS® 73459673

Listed
$2,100,000

Dec 3, 2025

MLS® 73459673

Listing Provided By

Listing Agent: Raquel Medina

Listing Office: Lock and Key Realty Inc.

MLS® Number: 73459673