70-74 Grenada Springfield — Photo 1 of 10
$2,700,000
Investment Analysis — 70-74 Grenada
Springfield, MA 01108
Based on rent reported on the MLS listing, a 16-unit multi-family in 01108 carries $24,000/mo in gross rent — about a 7.65% cap rate and $206,501/yr in estimated NOI at the $2,700,000 list price. Adjust every assumption in the calculator below.
Beds
46
Baths
16
SqFt
--
Style
5-9 Family
Built
1917
Two 8 unit income producing buildings sold as a package.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: Shirin Kokobaeva
Listing Office: Leverage Real Estate, LLC
MLS® Number: 73577705