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Active

87-89 Davis Street, Greenfield MA 01301

$450,000

Estimated $1,349/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $150,000

Total Rent: 52620/year

Estimated CAP Rate:

9 Bedrooms

Baths

3500

Total Parking: 5

6,212 (0.14)

Rare Investment Opportunity in Downtown Greenfield! Discover this unique three-family property featuring a traditional two-family home and a separate standalone residence. Offering a total of eight bedrooms across three spacious units, this property combines charm, versatility, and strong rental income potential. Each unit has its own separate heat and electricity, along with convenient off-street paved parking.The standalone residence offers the privacy and feel of a single-family home, featuring three bedrooms, one and a half bathrooms, a spacious eat-in kitchen, a separate dining room, and a comfortable living room. A private deck leads to a charming courtyard, providing a wonderful outdoor space to relax or entertain.The main two-family home is filled with character, featuring high ceilings, beautiful hardwood floors, and generously sized living spaces.The first-floor unit offers three bedrooms and one full bathroom, along with a spacious and versatile layout.The second-floor unit features two bedrooms and one full bathroom, with the added potential to expand into the unfinished third-floor space, offering exciting possibilities for additional living area.The second-floor unit features two bedrooms and one full bathroom, with the added potential to expand into the unfinished third-floor space, offering exciting possibilities for additional living area. Located just minutes from downtown Greenfield, shopping, restaurants, I-91, and Route 2, this property provides convenient access to everything the area has to offer. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking the benefits of rental income, this property offers a rare combination of space, flexibility, and opportunity.

This home has been viewed 5 times

Last Checked: October 25th, 2026 at 7:38am (Source: MLS PIN #73594776)

Gross Income: $52,620

Gross Expenses: $7,428

Net Income Calc: $45,192

Annual Expenses for 87-89 Davis Street, Greenfield MA 01301

Total Gross Expenses (Calculated)$7,428/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7428

Annual Income & Unit Breakdown for 87-89 Davis Street, Greenfield MA 01301

Total Gross Income (Calculated)$52,620

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full, 1 Half

Floor3

Levels in Unit2

Rent IncludesHeat

General Information for 87-89 Davis Street, Greenfield MA 01301

Listing ID73594776

Property TypeMulti Family / 3 Family

Price450000 ($128.57/SqFt)

Style3 Family

CityGreenfield

CountyFranklin

Neighborhood(s)

Approximate Living Area Total3500

Approximate Lot Size (Acres)0.14

Total Parking5

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRA

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 87-89 Davis Street, Greenfield MA 01301

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

ExclusionsSurveillance Devices

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 87-89 Davis Street, Greenfield MA 01301

Real Estate Taxes7428

Tax Year2026

Assessed Value$398,500

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 87-89 Davis Street, Greenfield MA 01301

Neighborhood(s)

Area Amenities

Contact Information for 87-89 Davis Street, Greenfield MA 01301

Agent

Name: Amanda Abramson

Office

Name: Coldwell Banker Community REALTORS®

Phone: 413-665-3771

Payment Calculator

, Interest

Property Taxes 619

Principal & Interest 2772.76

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Community REALTORS®

Amanda Abramson

Agent Phone

Office Phone

(413) 665-3771

Text Agent Call Agent Call Office

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EXIT

33 More Photos

Active

87-89 Davis Street, Greenfield MA 01301

$450,000

Annual Expenses for 87-89 Davis Street, Greenfield MA 01301

Annual Income & Unit Breakdown for 87-89 Davis Street, Greenfield MA 01301

General Information for 87-89 Davis Street, Greenfield MA 01301

Disclosures for 87-89 Davis Street, Greenfield MA 01301

Financial Information for 87-89 Davis Street, Greenfield MA 01301

Location Information for 87-89 Davis Street, Greenfield MA 01301

Contact Information for 87-89 Davis Street, Greenfield MA 01301

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Community REALTORS®

Amanda Abramson