MA > Springfield
Springfield, MA 01108,70-74 Grenada Ter
Springfield, MA 01108,70-74 Grenada Ter
Springfield, MA 01108,70-74 Grenada Ter
Springfield, MA 01108,70-74 Grenada Ter
Springfield, MA 01108,70-74 Grenada Ter
Springfield, MA 01108,70-74 Grenada Ter
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Desiree Taylor

Desiree Taylor

+1(978) 269-7185
$ 2,099,000
Est. payment | /mo

46 Beds

16 Baths

6,098 Sqft Lot

Save
$ 2,099,000
Est. payment | /mo
Save

46 Beds

16 Baths

6,098 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73295892

Bedrooms 46

Full Baths 16

Year Built 1917

Annual Tax Amount $21,360

Tax Year 2022

Lot Size 6,098 Sqft

Acres 0.14

Property Description

Investor's Special! Discover a unique and rare investment opportunity with these two fully occupied and low-maintenance 4-story brick buildings! Featuring 14 spacious three-bedroom and 2 two-bedroom units. This property boasts a total of 46 bedrooms and 16 bathrooms. All units have lead letters of compliance and each unit has separate electric and gas meters. Most units have been recently updated, complemented by new exterior lighting, electrical improvements, and security cameras. Newer porches and 16 parking spaces. This property generates an impressive $285,600 annually. 12 apartments on one-year leases and 4 on month-to-month leases. 5 apartments has long term tenants with under market rent. The mix of long-term tenants and flexible leases presents the ultimate chance to gradually increase rents or consider a condo conversion. Showings start Thursday, 10/3/2024—Don’t let this exceptional and fantastic opportunity slip away! For more details, refer to the attached rent roll.

Location

State MA

County Hampden

Zoning R2

Direction GPS

Rooms

Basement Full

Exterior

Community Features Public Transportation, Shopping, Medical Facility, Highway Access, Public School

Waterfront false

Parking Type Paved Drive, Paved

Total Parking Spaces 16

Garage No

Building

Story 7

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Cameron Real Estate Group
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(978) 269-7185

dtaylor@desiredhomes.org

PO BOX 263, Salem, Massachusetts, 01970, United States

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70-74 Grenada Ter