98-Unit Apartment Building
71-81 School St, Springfield, MA 02670
For Sale
Contact for pricing
Multi-story residential buildings provide a broad mix of studios and one- to four-bedroom apartments.
Property Size115,425 SF
Lot Size1.36 Acres
Price / SF$77.97
Days on Market102
Property Features for 71-81 School St
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Net Operating Income
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Year Renovated
Buildings
Stories
Units
Tenancy
Listing Agency:
Horvath & Tremblay
Listed By:
Michael Bradley · License MA 1000571-RE-RB
(781) 300-2502
Source:
Crexi
Added: Aug 4
Changed: Nov 4
Last Checked: Nov 12 at 7:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This apartment building portfolio includes 98 units across multi-story residential properties at 71-81 School St and 282-316 Union St. The unit mix ranges from studios through four-bedroom apartments, with configurations including 1, 1.5, and 2 bathrooms. The properties contain 93,007 square feet of gross living area within 115,425 square feet of gross area, situated on 1.36 acres. More than 40 off-street parking spaces are distributed throughout the portfolio.
The properties are positioned in Springfield’s urban core, with access to the downtown business district, neighborhood retail, and major employment centers. Regional connections include Interstate 91, Interstate 291, and the Massachusetts Turnpike (I-90), supporting travel across Western Massachusetts and toward Hartford, Connecticut, and the broader New England region. The buildings date to 1908.
The properties are positioned in Springfield’s urban core, with access to the downtown business district, neighborhood retail, and major employment centers. Regional connections include Interstate 91, Interstate 291, and the Massachusetts Turnpike (I-90), supporting travel across Western Massachusetts and toward Hartford, Connecticut, and the broader New England region. The buildings date to 1908.
Key Highlights
- 98 total apartment units with studio through 4‑bedroom configurations
- 93,007 square feet of gross living area within 115,425 square feet of gross area
- 1.36 acres of land across the portfolio
Property Analytics
Lease Details
98
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,957
Businesses Nearby
Explore this area
Business Placement
Demographics for 02670, MA
1,463
Population
2,173
Households
0.7
Avg Household Size
63
Median Age
61%
College-Educated
99%
High-School Grad
2.1 sq mi
ZIP Area
697
Density / Sq Mi
$89,875
Median Household Income
$59,500
Median Earnings
$1,493
Median Rent
$647,400
Median Home Value
Market
Average Price Trend$/SF for Apartment buildings in Barnstable County, MA
Properties on Market for Apartment buildings in Barnstable County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Multi-story residential buildings provide a broad mix of studios and one- to four-bedroom apartments.
Where is this apartment building located?
The property is located at 71-81 School St Springfield, MA.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: 98 total apartment units with studio through 4‑bedroom configurations; 93,007 square feet of gross living area within 115,425 square feet of gross area; 1.36 acres of land across the portfolio
