Ignite FB Tracking Pixel70-74 Grenada Ter, Springfield, MA 01108 - Mike Proulx
Cameron Real Estate Group
Cameron Real Estate Group
Mike Proulx, Cameron Real Estate GroupPhone: (603) 785-9871
Email: [email protected]
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listing
1 of 25
MultifamilyFor Sale
$1,950,000
70-74 Grenada Ter
Springfield, MA 01108
Courtesy of Cameron Real Estate Group - Hayat Awadallah
MLS Property Information Network
46Beds
16Baths
Est. Mortgage
$10,166/mo

ATTENTION APARTMENT INVESTORS!!! Don't miss this Once in a Lifetime Fantastic and Rare Opportunity to purchase this Fully Rented, Income-Producing, Low Maintenance, Two Separate Cash Flowing 4 Story Brick Buildings (8 units each). The buildings feature (14) 3-BD and (2) 2-BD Apartments all with Heat included in rent. Brand New Heat and Hot Water Tanks. Separate Electric Meters. All have Lead Paint Letters of Compliance. Some Units have Granite Kitchens. Updated Exterior Lighting, Several Electrical Updates, Cameras Mounted and Installed on the Property. Basements with Functional Coin Laundry Machines. Newer Porches and Large Parking Lot. Majority of rents Under Market Value. Some tenants have Vouchers with Local Housing Agencies. This Worthwhile Opportunity gives an intelligent investor the option to either keep Long-Term tenants or Massively Increase Cashflow by Renting Short/Midterm, as well as the choice to Convert & Sell as Condos. Expected Income to Increase To $288,000 Annually.

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Information courtesy of Cameron Real Estate Group is subject to verification and is not guaranteed.
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