Excellent opportunity to own a well-located two-family property in the heart of Greenfield. Each unit features 2 bedrooms and 1 full bathroom, offering practical, easy-to-rent layouts that appeal to a wide tenant pool. Both units are currently tenant-occupied with active leases in place, creating immediate income generation from day one. This property presents a strong opportunity for investors seeking steady cash flow, long-term appreciation potential, and the ability to build equity through future rent adjustments and property improvements over time. Conveniently located near local amenities, shopping, dining, and commuter routes, this property is well-positioned for consistent rental demand. Whether you are looking to expand your rental portfolio or secure a multi-family asset in a desirable Greenfield location, this property offers stability, income potential, and long-term upside.
This home has been viewed 13 times
Last Checked: February 16th, 2026 at 6:48pm (Source: MLS PIN #73477338)
Gross Income: $23,100
Gross Expenses: $2,506
Net Income Calc: $20,594
CAP Rate: 10.30%
Annual Expenses for 175 Hope St, Greenfield MA 01301
Total Gross Expenses (Calculated)$2,506/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$2,506
Annual Income & Unit Breakdown for 175 Hope St, Greenfield MA 01301
Total Gross Income (Calculated)$23,100
Unit 1
Rental Income$1,000
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$925
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 175 Hope St, Greenfield MA 01301
Listing ID73477338
Property TypeMulti Family / 2 Family
Price$199,900 ($155.2/SqFt)
Style2 Family - 2 Units Up/down
CityGreenfield
CountyFranklin
MLS Area
Neighborhood(s)
Approximate Living Area Total1,288 SqFt
Approximate Lot Size (Acres)0.03 acres
Total Parking2
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesSloped
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningRA
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 175 Hope St, Greenfield MA 01301
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$23,400
Total Net Income By Broker$23,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 175 Hope St, Greenfield MA 01301
Real Estate Taxes$2,506
Tax Year2025
Assessed Value$128,100
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$23,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$23,400
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)10.30%
Location Information for 175 Hope St, Greenfield MA 01301
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 175 Hope St, Greenfield MA 01301