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11 Conway St, Greenfield, MA, 01301

18beds
12baths
7,920sqft
$1,700,000
$215price/sqft
$12,773/moest. monthly cost
$510,920/yrincome needed

About This Home

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.

Getting Around

90
WalkingVery Walkable
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

4/10
Newton SchoolGrades K-40.4 mi
5/10
Greenfield Middle SchoolGrades 5-70.7 mi
2/10
Greenfield High SchoolGrades 8-121.3 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Stone,Brick/Mortar
  • Roof: Rubber
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: 5-9 Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 18
  • Bathrooms: 12
  • Full bathrooms: 12

Features

  • Window features: Insulated Windows
  • Flooring: Wood,Vinyl,Hardwood
  • Finished area above ground: 7,920

Interior Area

  • Total structure area: 7,920
  • Total interior livable area: 7,920 sqft

Property

Details

  • Parcel number: M:0058 B:0033 L:0,3095412
  • Zoning: CC

Features

  • Patio & porch: Porch
  • Has view: Yes
  • View description: City View(s)

Lot

  • Lot size: 3,920 sqft
  • Features: Level

Parking

  • Parking features: Open
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,596$103,152
Home Insurance *$746$8,952
Property Taxes $1,870$22,440
Electricity $1,561$18,741
Total$12,773$153,276
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$437,931/yr
40% on housing$383,190/yr
45% on housing$340,613/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$215This listing

vs Other Active Listings

Avg $/sqft

ZIP 01301$166
Franklin County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 01301$225
Franklin County$237

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-12-04Listed for sale$2,100,000
2023-10-06Sold$925,000
2023-04-11Listed for sale$1,000,000
2023-02-01Listing removed$1,000,000
2022-10-24Listed for sale$1,000,000

For Sale by Agent

AgentRaquel Medina
BrokerageLock and Key Realty Inc.

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