Four-Unit Multifamily
New
For Sale
$450,000
25 Pleasant Street, Greenfield, MA 01301
All four residences are occupied, with off-street parking available.
Property Size2,973 SF
Price / SF$151.36
Days on Market5
Property Features for 25 Pleasant Street
General Information
Standard status
Active
Size
2,973 SF
Property subtype
Multi-family
Occupancy
100%
Additional Details
Public Transit
Yes
Multifamily Units
4
Building Details
Year Built
1860
Listing Agency:
Ruggeri Real Estate
Listed By:
Alayna Zellmann · License #9579076
(413) 824-0184
Source:
Gogginsrealestate
Added: Oct 6
Changed: Oct 10
Last Checked: Oct 9 at 10:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ruggeri Real Estate
Investment Insights
Based on property information with market context.
At 25 Pleasant Street in Greenfield, this four-unit multifamily property was built in 1860. The units are occupied, and most residents have long-term tenancies. Utility responsibility rests with the tenants.
Three units use electric heat and electric hot water; the remaining unit has gas heat and gas hot water. The property includes off-street parking and is near amenities and public transportation.
Three units use electric heat and electric hot water; the remaining unit has gas heat and gas hot water. The property includes off-street parking and is near amenities and public transportation.
Key Highlights
- Four‑unit multifamily property
- Built in 1860
- All units occupied; most residents have long‑term tenancies
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,475
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,500
$789.5K
Cap Rate 7%
$563,929
$563.9K
Cap Rate 9%
$438,611
$438.6K
Market Conditions
NOI Build-Up for 2,973 SF
Gross rent
$74.9K $25.20/SF
− Vacancy
−$3.1K −$1.06/SF
EGI
$71.8K $24.14/SF
− OpEx
−$32.3K −$10.86/SF
NOI
$39.5K $13.28/SF
Area
Franklin County, MA
Vacancy
4.20%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,500
Cap Rate 7%
$563,929
Cap Rate 9%
$438,611
Alternative Uses
Best Use
Multifamily LT 5
$623.7K
$545.7K – $727.7K
NOI $43,659 @ 7.0% cap · market cap 9.70%
Second Best
Apartment 5plus
$563.9K
$493.4K – $657.9K
NOI $39,475 @ 7.0% cap · market cap 8.77%
Theoretical Best
Healthcare Medical
$1.23M
$1.08M – $1.44M
NOI $86,297 @ 7.0% cap · market cap 19.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,688
Businesses Nearby
Explore this area
Business Placement
Demographics for 01301, MA
18,042
Population
8,761
Households
2.1
Avg Household Size
45
Median Age
38%
College-Educated
92%
High-School Grad
25.3 sq mi
ZIP Area
713
Density / Sq Mi
$54,347
Median Household Income
$37,630
Median Earnings
$1,098
Median Rent
$253,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - All four residences are occupied, with off-street parking available.
Where is this quadplex located?
The property is located at 25 Pleasant Street Greenfield, MA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four‑unit multifamily property; Built in 1860; All units occupied; most residents have long‑term tenancies
