
7 Phillips St Greenfield, MA 01301
Estimated payment $3,715/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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Source: MLS Property Information Network (MLS PIN)
MLS Number: 73373548

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