56-58 Devens St Greenfield — Photo 1 of 33
$450,000
Investment Analysis — 56-58 Devens St
Greenfield, MA 01301
Based on rent reported on the MLS listing, a 3-unit multi-family in 01301 carries $2,500/mo in gross rent — about a 3.81% cap rate and $17,145/yr in estimated NOI at the $450,000 list price. Adjust every assumption in the calculator below.
Beds
9
Baths
3
SqFt
2,990
Style
3 Family
Built
1902
Great location close to Main Street, Stores, restaurants, just up or down the street. Excellent for owner occupied or investment. Owners says rents are low but he likes his tenants. Owner apartment could get $1500-$2000 with additional rooms in attic. The set up is like a duplex, with one side up and down stairs with its own entrance and porch. The other side with a unit on the 1st floor and a unit on the 2nd floor. Good size rooms with a lot of income potential with a little TLC. Once of the largest homes on the street.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Laundromat
Geography
Listing Agent: Clayton Herbert
Listing Office: Prime Choice Realty LLC
MLS® Number: 73565139
