For Sale
$550,000

204 Main St Greenfield, MA 01301

7-Unit Apartment Building, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a fully occupied, seven-unit apartment building located at 204 Main Street in Greenfield, Massachusetts, zip code 01301. The property, classified as Class D, boasts a total of 2,714 square feet and sits within Greenfield's vibrant Central Commercial District, ensuring high visibility and traffic. Currently operating at 100% occupancy, this multifamily property offers a consistent and reliable cash flow stream. The building's diverse income streams extend beyond residential rentals, encompassing a fully operational bar and a café space, both strategically positioned on Main Street. This unique combination provides a diversified revenue model, mitigating risk and enhancing overall profitability. The property is zoned CC, allowing for continued operation of the existing businesses and residential units. The asking price for this income-generating asset is $550,000. This presents a compelling opportunity for investors seeking a stable and potentially high-return investment in a desirable Massachusetts location. The property's prime location and established business operations make it an attractive prospect for both seasoned investors and those new to the commercial real estate market. Detailed financial records are available upon request.

Highlights

  • Fully occupied, seven-unit apartment building in Greenfield, MA (01301).
  • 2,714 square feet, Class D building in Greenfield's Central Commercial District.
  • 100% occupancy, generating consistent cash flow.
  • Includes a bar and café, providing diversified income streams.
  • Zoned CC, allowing for continued operation of existing businesses and residential units.
  • Asking price: $550,000.

Property Details for 204 Main St

Property type
Hospitality properties, Apartment buildings
Square Feet
2,714 SF
Class
D
Units
7

Location Insight

City
Greenfield
County
Franklin
State
Massachusetts
Latitude
42.5924102
Longitude
-72.6037637

FAQs

What type of property is this?
Hospitality property - 7-Unit Apartment Building, High Occupancy
Where is the hospitality property located?
The property is located at 204 Main St Greenfield, MA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Fully occupied, seven-unit apartment building in Greenfield, MA (01301).; 2,714 square feet, Class D building in Greenfield's Central Commercial District.; 100% occupancy, generating consistent cash flow.
How can I contact the broker?
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204 Main St
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