70-74 Grenada, Springfield, MA 01108

Building Details

Year Built 1917 More

Buildings 2 More

Stories 3 More

Units 16 More

Listing Agency: Leverage Real Estate, LLC Show Phone

Listed By: Shirin Kokobaeva Show Phone

Source: Isosrealty

Added: Nov 11 Last Checked: Nov 13 at 2:39AM

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Investment Insights

Based on property information with market context.

The offering includes two apartment buildings with eight units in each structure, for 16 units across the package. Both buildings date to 1917, and the property is zoned RES-B.

The buildings are located at 70-74 Grenada in Springfield, Massachusetts.

Key Highlights

• Two apartment buildings offered together
• Eight units in each building; 16 units total
• Built in 1917

Property Analytics

Lease Details

16

Residential units

Location Intelligence

Trade Area within ½ mile

947

Businesses Nearby

Explore this area Business Placement

Demographics for 01108, MA

27,671

Population

11,332

Households

2.4

Avg Household Size

33

Median Age

21%

College-Educated

81%

High-School Grad

3.4 sq mi

ZIP Area

8,139

Density / Sq Mi

$51,851

Median Household Income

$34,539

Median Earnings

$1,224

Median Rent

$219,500

Median Home Value

Market

Average Price Trend$/SF for Apartment buildings in Hampden County, MA

$186 Jul

$187 Aug

$132 Sep

$142 Oct

Properties on Market for Apartment buildings in Hampden County

Jul

Aug

Sep

Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Two residential buildings are offered together as an income-producing property.

Where is this apartment building located?

The property is located at 70-74 Grenada Springfield, MA.

What is the asking price?

The asking price for this property is $2,700,000.

What are key features of this property?

This property features: Two apartment buildings offered together; Eight units in each building; 16 units total; Built in 1917