$559,000
$40K PRICE DROP

7 Phillips St Greenfield, MA 01301

Estimated payment $3,715/month

Total Views 11,519
5 Beds
4.5 Baths
3,984 Sq Ft
$140 Price per Sq Ft

Highlights

  • Medical Services
  • Cathedral Ceiling
  • Cooling System Mounted In Outer Wall Opening
  • Property is near public transit
  • Bamboo Flooring
  • Bathtub with Shower

About This Home

Excellent ROI on this impeccably maintained, fully renovated turnkey 3-unit building, See agent for 2025 pro forma, which shows a $40,770 NOI. Each apartment offers expansive rooms, ample closet space, mahogany doors, ceiling fans, & air conditioning, w/ high-efficiency gas heating system. Each unit also has its own separate gas & electric utilities; a separate owner's panel is in place.. All 3 apartments have in-unit washers, dryers, & dishwashers. Residents enjoy off-street parking in the newly paved parking areas (2024) & storage in the garage. Safety & peace of mind are paramount, with a 2-year-old roof, fire-safe doors, & fully sprinklered units equipped with monitored alarm systems. Low-maintenance fiber/cement siding. There has never been a vacancy during current owner's tenure. Building is one of 2 condos in the Heartways Assoc.; the other is a SF home. Only common expense is insurance -- $2640 in 2024, $3000 in 2025.

Listing Agent

Rachel Simpson

5 College REALTORS® Northampton Listed on: 05/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,849

Year Built

  • Built in 2003

Lot Details

  • 0.27 Acre Lot
  • Near Conservation Area
  • Level Lot

Home Design

  • Manufactured Home on a slab
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,984 Sq Ft Home
  • Property has 1 Level
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Screens
  • Combination Dining and Living Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Bamboo
  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 6 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Federal St Elementary School
  • GMS Middle School
  • GHS High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Legal Lot and Block 1 / 36
  • Assessor Parcel Number M:0063 B:0036 L:U1

Community Details

Overview

  • 3 Units

Amenities

  • Medical Services
  • Shops

Building Details

  • Insurance Expense $2,640
  • Water Sewer Expense $3,950
  • Operating Expense $17,525
  • Net Operating Income $40,145

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,849

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 2003
  • Levels: 3
  • Year Built Details: Actual,Renovated Since
  • Compensation Based On: Compensation Offered but Not in MLS
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Bamboo
  • Interior Amenities: Ceiling Fan(s), Bathroom with Shower Stall, Bathroom With Tub & Shower, Internet Available - Broadband, Pantry, Cathedral/Vaulted Ceilings, Kitchen, Living RM/Dining RM Combo, Laundry Room
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bathrooms: 4.5
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Above Grade Finished Sq Ft: 3984
  • Living Area: 3984
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Screens
  • MAIN LO: AN1019
  • LIST PRICE PER Sq Ft: 140.31
  • PRICE PER Sq Ft: 140.31

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Slab
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Wall Unit(s), Window Unit(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3950

Lot Info

  • Parcel Number: M:0063 B:0036 L:U1
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Sq Ft: 11761
  • Lot Size Units: Acres
  • PAGE: 136

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7849
  • Tax Block: 36
  • Tax Book Number: 06828
  • Tax Lot: 1
  • Tax Map Number: 63

Multi Family

  • Gross Income: 57670
  • Insurance Expense: 2640
  • Net Operating Income: 40145
  • Number Of Units Total: 3
  • Operating Expense: 17525
  • Total Actual Rent: 4915
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 5
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Ghs
  • Elementary School: Federal St
  • Middle Or Junior School: Gms

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $559,000 0.0% $140 / Sq Ft
07/14/2025 07/14/25 Pending -- -- --
05/28/2025 05/28/25 Price Changed $559,000 -6.7% $140 / Sq Ft
05/13/2025 05/13/25 For Sale $599,000 -- $150 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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MLS Property Information Network (MLS PIN)