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70-74 Grenada Ter Springfield. MA 01108

$2,099,000

Multi Family

46 Bedrooms

16 Bathrooms

0 sq ft

16 Parking Spots

0.14 Acres

Built in 1917

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.

This listing has been viewed 17 times in the past 73 days

Last Updated: November 27th, 2024 at 6:53am

Highway Access

Public School

Shopping

Medical Facility

Public Transportation

General Information for 70-74 Grenada Ter, Springfield, Massachusetts 01108

Property TypeResidential Income

Property Sub TypeMulti Family

Price$2,099,000

Price per sqft$0

MLS #73295892

Handicap Access / FeaturesNo

List Date2024-09-27

Special Listing Conditions

StateMassachusetts

Street NameGrenada Ter

CitySpringfield

Zip Code01108

CountyHampden

MLS Status

Covered Parking Spaces0

Heating Y/NNo

Heating System

Heat Zones

Sold Date21/01/2025

Property Sub TypeMulti Family

Building Area SourcePublic Records

Building Area Total0

Building Area Units0

CarportNo

Close Date

Close Price$0

Covered Parking Spaces0

Listing Service

UnparsedAddress70-74 Grenada Ter, Springfield MA 01108

Zoning

Interior Features for 70-74 Grenada Ter, Springfield, Massachusetts 01108

* Approx. Living Area Total0 sq ft

Living Area Includes BasementNo

Bedrooms46

* # Fireplaces0

Bathrooms (Total)16

Full Baths16

* # Half Baths0

* # Rooms

Basement

Heating System

Appliances

Electric

Living Area Disclosure

Living Area Includes BasementNo

Door Features

ElectricNo

Electric$2,880

MLS Area (Major)

MLSPIN_BEDRMS_13

MLSPIN_BEDRMS_23

MLSPIN_BEDRMS_33

MLSPIN_BEDRMS_42

MLSPIN_FLRS_1

MLSPIN_FLRS_2

MLSPIN_FLRS_3

MLSPIN_FLRS_4

MLSPIN_F_BTHS_11

MLSPIN_F_BTHS_21

MLSPIN_F_BTHS_31

MLSPIN_F_BTHS_41

MLSPIN_GRE$106,956

MLSPIN_HTE$0

MLSPIN_H_BTHS_10

MLSPIN_H_BTHS_20

MLSPIN_H_BTHS_3 0

MLSPIN_H_BTHS_40

OffMarketDate25/11/2024

Exterior Features for 70-74 Grenada Ter, Springfield, Massachusetts 01108

* Approximate Lot Size0.14 acres

Covered Parking Spaces0

Lot Features

* Parking Spaces16

* Sewer Utilities

* Water Utilities

* Year Built1917

Year Built Details

Year Built SourcePublic Records

Construction Materials

Exterior Features

Foundation Area

Foundation MaterialsConcrete Perimeter

Approx. Street Frontage

Horse PermittedNo

Horse Amenities

Parking Features

Utilities

Lot Size (Square Feet)6,098 Sqft

Disclosures for 70-74 Grenada Ter, Springfield, Massachusetts 01108

Buyer Agent Compensation

ContingencyInspection

Financing

Disclosures

Documents Available

Exclusions

MLSPIN_COMP_BASED_ON

MLSPIN_COOP_COMP

MLSPIN_DISCLOSUREN

Lead PaintYes,Unknown

Living Area Disclosure

Living Area Includes BasementNo

Facilitator Compensation

TransactionBrokerCompensationType

BuyerAgencyCompensationType

Financial Information for 70-74 Grenada Ter, Springfield, Massachusetts 01108

Assessed Value

Real Estate Tax$0

Tax Year

Financial Data SourceOwner

Gross Income$285,600

Insurance Expense$13,800

MLSPIN_LEASE_1

MLSPIN_LEASE_2

MLSPIN_LEASE_3

MLSPIN_LEASE_4

MLSPIN_LEVELS_10

MLSPIN_LEVELS_21

MLSPIN_LEVELS_31

MLSPIN_LEVELS_41

MLSPIN_MGF$0

MLSPIN_MSE$0

MLSPIN_RENT11700

MLSPIN_RENT21700

MLSPIN_RENT31600

MLSPIN_RENT41600

MLSPIN_RFS$7,200

MLSPIN_RME$31,200

MLSPIN_SOLD_PRICE_PER_SQFT$0

NetOperatingIncome$178,644

OperatingExpense$106,956

OriginalListPrice$2,099,000

RENT_FEE_INCLUDES

TOTAL_RENT23800

WaterSewerExpense$20,628

Lifestyle Information for 70-74 Grenada Ter, Springfield, Massachusetts 01108

FireplaceYNNo

Frontage Type

GarageYNNo

Waterview

Pool Features

Waterfront Features

Location information for 70-74 Grenada Ter, Springfield, Massachusetts 01108

Elementary School

Middle School

High School

NumberOfUnitsTotal16

Marketing History for 70-74 Grenada Ter, Springfield, Massachusetts 01108

MLSPIN_MARKET_TIME_BROKER60

MLSPIN_MARKET_TIME_PROPERTY60

PurchaseContractDate2024-11-09

Agent Information for 70-74 Grenada Ter, Springfield, Massachusetts 01108

Agent MLS IDCT009144

Office MLS IDAC0756

Buyer Agent MLS ID

Buyer Office MLS ID

Team MembersCT009144

Payment Calculator

, Interest

Property Taxes $0

Principal & Interest 12933.37

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Hayat Awadallah

Cameron Real Estate Group

Agent Phone

(978) 228-9477

Office Phone

(781) 486-3180

Text Agent Call Agent Call Office

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            [type] => listings
            [name] => Listing Type
            [value] => For Sale
        )

[field_3176] => Array
        (
            [field_id] => 3176
            [type] => number
            [name] => Full Bathrooms
            [value] => 16
        )

[field_3175] => Array
        (
            [field_id] => 3175
            [type] => select
            [name] => Status
            [value] => Pending
        )

[field_3299] => Array
        (
            [field_id] => 3299
            [type] => select
            [name] => Property Category
            [value] => Multi Family
        )

[field_3298] => Array
        (
            [field_id] => 3298
            [type] => select
            [name] => Property Type
            [value] => Multi Family
        )

[field_55] => Array
        (
            [field_id] => 55
            [type] => number
            [name] => Floor Number
            [value] => 0
        )

[googlemap_ln] => Array
        (
            [field_id] => 51
            [type] => text
            [name] => Longitude
            [value] => W73° 26' 36.3'' 
        )

[googlemap_lt] => Array
        (
            [field_id] => 52
            [type] => text
            [name] => Latitude
            [value] => N42° 5' 17.2'' 
        )

[field_2111] => Array
        (
            [field_id] => 2111
            [type] => text
            [name] => Office Name
            [value] => Cameron Real Estate Group
        )

[field_3000] => Array
        (
            [field_id] => 3000
            [type] => text
            [name] => Agent MLSID
            [value] => CT009144
        )

[field_3043] => Array
        (
            [field_id] => 3043
            [type] => date
            [name] => ANT_SOLD_DATE
            [value] => 21/01/2025
        )

[field_3045] => Array
        (
            [field_id] => 3045
            [type] => price
            [name] => HOA_FEE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3056] => Array
        (
            [field_id] => 3056
            [type] => price
            [name] => ClosePrice
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3060] => Array
        (
            [field_id] => 3060
            [type] => text
            [name] => CONTINGENCY_TYPE
            [value] => Inspection
        )

[field_3069] => Array
        (
            [field_id] => 3069
            [type] => price
            [name] => LIST_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3071] => Array
        (
            [field_id] => 3071
            [type] => number
            [name] => MARKET_TIME_BROKER
            [value] => 60
        )

[field_3072] => Array
        (
            [field_id] => 3072
            [type] => number
            [name] => MARKET_TIME_BROKER_PREV
            [value] => 0
        )

[field_3075] => Array
        (
            [field_id] => 3075
            [type] => datetime
            [name] => ModificationTimestamp
            [value] => 26/11/2024 08:05:00
        )

[field_3094] => Array
        (
            [field_id] => 3094
            [type] => price
            [name] => SOLD_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3095] => Array
        (
            [field_id] => 3095
            [type] => number
            [name] => STREET_NUM
            [value] => 70
        )

[field_3097] => Array
        (
            [field_id] => 3097
            [type] => text
            [name] => TEAM_MEMBER
            [value] => CT009144
        )

[field_3105] => Array
        (
            [field_id] => 3105
            [type] => select
            [name] => APOD_AVAILABLE
            [value] => Yes
        )

[field_3109] => Array
        (
            [field_id] => 3109
            [type] => number
            [name] => FIRE_PLACES
            [value] => 0
        )

[field_3113] => Array
        (
            [field_id] => 3113
            [type] => select
            [name] => LEASE_1
            [value] => N
        )

[field_3114] => Array
        (
            [field_id] => 3114
            [type] => select
            [name] => LEASE_2
            [value] => N
        )

[field_3118] => Array
        (
            [field_id] => 3118
            [type] => price
            [name] => NOI
            [raw] => 178644
            [unit_id] => 260
            [value] => $178,644
            [price_only] => $178,644
        )

[field_3119] => Array
        (
            [field_id] => 3119
            [type] => number
            [name] => RENT1
            [value] => 1700
        )

[field_3120] => Array
        (
            [field_id] => 3120
            [type] => number
            [name] => NO_UNITS
            [value] => 16
        )

[field_3121] => Array
        (
            [field_id] => 3121
            [type] => number
            [name] => RENT2
            [value] => 1700
        )

[field_3122] => Array
        (
            [field_id] => 3122
            [type] => number
            [name] => RENT3
            [value] => 1600
        )

[field_3123] => Array
        (
            [field_id] => 3123
            [type] => number
            [name] => RENT4
            [value] => 1600
        )

[field_3126] => Array
        (
            [field_id] => 3126
            [type] => number
            [name] => TOTAL_RENT
            [value] => 23800
        )

[field_3134] => Array
        (
            [field_id] => 3134
            [type] => select
            [name] => SQUARE_FEET_INCL_BASE
            [value] => No
        )

[field_3164] => Array
        (
            [field_id] => 3164
            [type] => boolean
            [name] => AvailableNow
            [value] => No
        )

[field_3168] => Array
        (
            [field_id] => 3168
            [type] => price
            [name] => SEC_DEPOSIT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3171] => Array
        (
            [field_id] => 3171
            [type] => text
            [name] => Office Phone
            [value] => 781-486-3180
        )

[field_3172] => Array
        (
            [field_id] => 3172
            [type] => text
            [name] => Agent Phone
            [value] => 978-228-9477
        )

[field_3178] => Array
        (
            [field_id] => 3178
            [type] => boolean
            [name] => AdditionalParcelsYN
            [value] => No
        )

[field_3182] => Array
        (
            [field_id] => 3182
            [type] => select
            [name] => BuildingAreaSource
            [value] => Public Records
        )

[field_3183] => Array
        (
            [field_id] => 3183
            [type] => number
            [name] => BuildingAreaTotal
            [value] => 0
        )

[field_3184] => Array
        (
            [field_id] => 3184
            [type] => select
            [name] => BuildingAreaUnits
            [value] => Square Feet
        )

[f_3188] => Array
        (
            [field_id] => 3188
            [type] => feature
            [name] => CommunityFeatures
            [values] => Array
                (
                    [0] => Highway Access
                    [1] => Public School
                    [2] => Shopping
                    [3] => Medical Facility
                    [4] => Public Transportation
                )

)

[field_3189] => Array
        (
            [field_id] => 3189
            [type] => price
            [name] => ConcessionsAmount
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3192] => Array
        (
            [field_id] => 3192
            [type] => number
            [name] => ParkingTotal
            [value] => 16
        )

[field_3193] => Array
        (
            [field_id] => 3193
            [type] => number
            [name] => CoveredSpaces
            [value] => 0
        )

[field_3200] => Array
        (
            [field_id] => 3200
            [type] => price
            [name] => ElectricExpense
            [raw] => 2880
            [unit_id] => 260
            [value] => $2,880
            [price_only] => $2,880
        )

[field_3205] => Array
        (
            [field_id] => 3205
            [type] => date
            [name] => ExpirationDate
            [value] => 01/01/1900
        )

[field_3206] => Array
        (
            [field_id] => 3206
            [type] => select
            [name] => FarmLandAreaUnits
            [value] => Square Feet
        )

[f_3207] => Array
        (
            [field_id] => 3207
            [type] => feature
            [name] => FinancialDataSource
            [values] => Array
                (
                    [0] => Owner
                )

)

[field_3209] => Array
        (
            [field_id] => 3209
            [type] => text
            [name] => FoundationDetails
            [value] => Concrete Perimeter
        )

[field_3211] => Array
        (
            [field_id] => 3211
            [type] => number
            [name] => GarageSpaces
            [value] => 0
        )

[field_3216] => Array
        (
            [field_id] => 3216
            [type] => price
            [name] => GrossIncome
            [raw] => 285600
            [unit_id] => 260
            [value] => $285,600
            [price_only] => $285,600
        )

[field_3220] => Array
        (
            [field_id] => 3220
            [type] => price
            [name] => InsuranceExpense
            [raw] => 13800
            [unit_id] => 260
            [value] => $13,800
            [price_only] => $13,800
        )

[field_3222] => Array
        (
            [field_id] => 3222
            [type] => text
            [name] => ListingAgreement
            [value] => Exclusive Right To Sell
        )

[field_3223] => Array
        (
            [field_id] => 3223
            [type] => date
            [name] => ListingContractDate
            [value] => 27/09/2024
        )

[field_3226] => Array
        (
            [field_id] => 3226
            [type] => area
            [name] => LotSizeSquareFeet
            [value] => 6,098 Sqft
            [raw] => 6098
            [unit_id] => 1
        )

[field_3229] => Array
        (
            [field_id] => 3229
            [type] => date
            [name] => OffMarketDate
            [value] => 25/11/2024
        )

[field_3230] => Array
        (
            [field_id] => 3230
            [type] => price
            [name] => OperatingExpense
            [raw] => 106956
            [unit_id] => 260
            [value] => $106,956
            [price_only] => $106,956
        )

[field_3231] => Array
        (
            [field_id] => 3231
            [type] => price
            [name] => OriginalListPrice
            [raw] => 2099000
            [unit_id] => 260
            [value] => $2,099,000
            [price_only] => $2,099,000
        )

[field_3237] => Array
        (
            [field_id] => 3237
            [type] => date
            [name] => PurchaseContractDate
            [value] => 09/11/2024
        )

[field_3240] => Array
        (
            [field_id] => 3240
            [type] => text
            [name] => UnparsedAddress
            [value] => 70-74 Grenada Ter, Springfield MA 01108
        )

[field_3241] => Array
        (
            [field_id] => 3241
            [type] => price
            [name] => WaterSewerExpense
            [raw] => 20628
            [unit_id] => 260
            [value] => $20,628
            [price_only] => $20,628
        )

[field_3243] => Array
        (
            [field_id] => 3243
            [type] => text
            [name] => YearBuiltDetails
            [value] => Actual
        )

[field_3245] => Array
        (
            [field_id] => 3245
            [type] => text
            [name] => YearBuiltSource
            [value] => Public Records
        )

[field_3248] => Array
        (
            [field_id] => 3248
            [type] => datetime
            [name] => OriginalEntryTimestamp
            [value] => 27/09/2024 17:44:00
        )

[field_3253] => Array
        (
            [field_id] => 3253
            [type] => number
            [name] => MLSPIN_BEDRMS_1
            [value] => 3
        )

[field_3254] => Array
        (
            [field_id] => 3254
            [type] => number
            [name] => MLSPIN_BEDRMS_2
            [value] => 3
        )

[field_3255] => Array
        (
            [field_id] => 3255
            [type] => number
            [name] => MLSPIN_BEDRMS_3
            [value] => 3
        )

[field_3256] => Array
        (
            [field_id] => 3256
            [type] => number
            [name] => MLSPIN_BEDRMS_4
            [value] => 2
        )

[field_3260] => Array
        (
            [field_id] => 3260
            [type] => text
            [name] => MLSPIN_DISCLOSURE
            [value] => N
        )

[field_3261] => Array
        (
            [field_id] => 3261
            [type] => number
            [name] => MLSPIN_F_BTHS_1
            [value] => 1
        )

[field_3262] => Array
        (
            [field_id] => 3262
            [type] => number
            [name] => MLSPIN_F_BTHS_2
            [value] => 1
        )

[field_3263] => Array
        (
            [field_id] => 3263
            [type] => number
            [name] => MLSPIN_F_BTHS_3
            [value] => 1
        )

[field_3264] => Array
        (
            [field_id] => 3264
            [type] => number
            [name] => MLSPIN_F_BTHS_4
            [value] => 1
        )

[field_3265] => Array
        (
            [field_id] => 3265
            [type] => price
            [name] => MLSPIN_GRE
            [raw] => 106956
            [unit_id] => 260
            [value] => $106,956
            [price_only] => $106,956
        )

[field_3266] => Array
        (
            [field_id] => 3266
            [type] => price
            [name] => MLSPIN_HTE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3267] => Array
        (
            [field_id] => 3267
            [type] => number
            [name] => MLSPIN_H_BTHS_1
            [value] => 0
        )

[field_3268] => Array
        (
            [field_id] => 3268
            [type] => number
            [name] => MLSPIN_H_BTHS_2
            [value] => 0
        )

[field_3269] => Array
        (
            [field_id] => 3269
            [type] => number
            [name] => MLSPIN_H_BTHS_3
            [value] => 0
        )

[field_3270] => Array
        (
            [field_id] => 3270
            [type] => number
            [name] => MLSPIN_H_BTHS_4
            [value] => 0
        )

[field_3272] => Array
        (
            [field_id] => 3272
            [type] => text
            [name] => MLSPIN_LEAD_PAINT
            [value] => Yes,Unknown
        )

[field_3273] => Array
        (
            [field_id] => 3273
            [type] => number
            [name] => MLSPIN_LEVELS_1
            [value] => 0
        )

[field_3274] => Array
        (
            [field_id] => 3274
            [type] => number
            [name] => MLSPIN_LEVELS_2
            [value] => 1
        )

[field_3275] => Array
        (
            [field_id] => 3275
            [type] => number
            [name] => MLSPIN_LEVELS_3
            [value] => 1
        )

[field_3276] => Array
        (
            [field_id] => 3276
            [type] => number
            [name] => MLSPIN_LEVELS_4
            [value] => 1
        )

[field_3277] => Array
        (
            [field_id] => 3277
            [type] => text
            [name] => MLSPIN_MAIN_LO
            [value] => AC0756
        )

[field_3280] => Array
        (
            [field_id] => 3280
            [type] => number
            [name] => MLSPIN_MARKET_TIME_PROPERTY
            [value] => 60
        )

[field_3281] => Array
        (
            [field_id] => 3281
            [type] => price
            [name] => MLSPIN_MGF
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3282] => Array
        (
            [field_id] => 3282
            [type] => price
            [name] => MLSPIN_MSE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3285] => Array
        (
            [field_id] => 3285
            [type] => price
            [name] => MLSPIN_OPTIONAL_FEE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3290] => Array
        (
            [field_id] => 3290
            [type] => price
            [name] => MLSPIN_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3292] => Array
        (
            [field_id] => 3292
            [type] => price
            [name] => MLSPIN_RFS
            [raw] => 7200
            [unit_id] => 260
            [value] => $7,200
            [price_only] => $7,200
        )

[field_3293] => Array
        (
            [field_id] => 3293
            [type] => price
            [name] => MLSPIN_RME
            [raw] => 31200
            [unit_id] => 260
            [value] => $31,200
            [price_only] => $31,200
        )

[field_3295] => Array
        (
            [field_id] => 3295
            [type] => select
            [name] => MLSPIN_WATERVIEW_FLAG
            [value] => No
        )

[field_3296] => Array
        (
            [field_id] => 3296
            [type] => select
            [name] => OpenParkingYN
            [value] => 1
        )

[field_3301] => Array
        (
            [field_id] => 3301
            [type] => select
            [name] => RoomMasterBathroomFeatures
            [value] => Yes
        )

[field_3303] => Array
        (
            [field_id] => 3303
            [type] => text
            [name] => Co Agent Info
            [value] => [{"id":"CT009144","name":"Hayat Awadallah","phone"
        )

[field_3306] => Array
        (
            [field_id] => 3306
            [type] => price
            [name] => GrossScheduledIncome
            [raw] => 9888
            [unit_id] => 260
            [value] => $9,888
            [price_only] => $9,888
        )

[field_3307] => Array
        (
            [field_id] => 3307
            [type] => number
            [name] => MLSPIN_FLRS_1
            [value] => 2
        )

[field_3308] => Array
        (
            [field_id] => 3308
            [type] => number
            [name] => MLSPIN_FLRS_2
            [value] => 2
        )

[field_3309] => Array
        (
            [field_id] => 3309
            [type] => number
            [name] => MLSPIN_FLRS_3
            [value] => 1
        )

[field_3310] => Array
        (
            [field_id] => 3310
            [type] => number
            [name] => MLSPIN_FLRS_4
            [value] => 1
        )

[field_3311] => Array
        (
            [field_id] => 3311
            [type] => number
            [name] => BRE_Total_Parking
            [value] => 16
        )

)

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70-74 Grenada Ter Springfield. MA 01108

$2,099,000

General Information for 70-74 Grenada Ter, Springfield, Massachusetts 01108

Interior Features for 70-74 Grenada Ter, Springfield, Massachusetts 01108

Exterior Features for 70-74 Grenada Ter, Springfield, Massachusetts 01108

Disclosures for 70-74 Grenada Ter, Springfield, Massachusetts 01108

Financial Information for 70-74 Grenada Ter, Springfield, Massachusetts 01108

Lifestyle Information for 70-74 Grenada Ter, Springfield, Massachusetts 01108

Location information for 70-74 Grenada Ter, Springfield, Massachusetts 01108

Marketing History for 70-74 Grenada Ter, Springfield, Massachusetts 01108

Agent Information for 70-74 Grenada Ter, Springfield, Massachusetts 01108

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Exclusive Listing Agent

Hayat Awadallah

Cameron Real Estate Group