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$2,099,000
30 Days Online

70-74 Grenada Ter
Springfield, MA 01108

For Sale|Multi Family|Active
46
Beds
16
Full Baths
0
Partial Baths

SqFt

/SqFt
1917
Built
County:
Hampden

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70-74 Grenada Ter70-74 Grenada Ter70-74 Grenada Ter70-74 Grenada Ter
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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.

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Listing Snapshot
Price 
$2,099,000
Days Online 
30 Days
Bedrooms 
46
Inside Area (SqFt) 
N/A
Total Baths 
16
Full Baths 
16
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
1917
MLS® Number 
73295892
Status 
Active
Property Tax 
$21,360
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing first seen online
4 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.14
Foundation 
Concrete Perimeter
Number Of Stories 
7
Parking 
Paved
Parking Spaces 
16
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Basement 
Full
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Exterior Features
Patio And Porch 
Porch
Listing courtesy of Hayat Awadallah of Cameron Real Estate Group



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Data Last Updated at 2024-10-27 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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