19 Baldwin St West Springfield, MA 01089

Property Details for 19 Baldwin St

Year built

1987

Property size

34,000 SF

Property type

Specialty properties

Description

This exceptional investment opportunity presents a 51-unit apartment complex located at 19 Baldwin St, West Springfield, MA 01089. The property, built in 1987, encompasses 34,000 square feet across two stories in a single building. Priced at $3,600,000, this translates to a price per square foot of $105.88 and a price per unit of $70,588.24. The property boasts a recently updated infrastructure, including new HVAC systems installed just two years prior, ensuring energy efficiency and tenant comfort. The roof, only 12 years old, is in excellent condition, minimizing future maintenance concerns. A comprehensive sprinkler system is in place, meeting all necessary safety standards. Currently vacant, this property offers a unique opportunity for redevelopment or repurposing. Its strategic location directly across from the Big E provides exceptional visibility and accessibility, making it ideal for a variety of commercial or residential ventures. The substantial square footage allows for considerable flexibility in development plans, promising significant return on investment. This property presents a rare chance to acquire a well-maintained, strategically located asset with immense potential for future growth and profitability in a thriving market.