Bulk Duplex Sale Springfield, MA 01129
- Commercial real estate
- 0.19 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Bulk Duplex Sale
- Year built
- 2019
- Lot size
- 0.19 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a bulk sale of eleven newly constructed, lead-free duplexes in desirable Springfield, Massachusetts locations. Developed by Bretta Construction, these properties offer a compelling combination of modern design and strong rental potential. Each duplex features contemporary amenities and finishes, designed to attract high-quality tenants. The strategic locations provide residents with convenient access to shopping centers and other amenities, enhancing their appeal and maximizing rental income. The portfolio sits on a combined 0.19 acres of land. Built with a focus on quality craftsmanship, these duplexes represent a reliable and durable investment. This is a rare chance to acquire a substantial, income-generating portfolio in a thriving market. The asking price for this entire portfolio is $4,500,000. The properties are well-maintained and offer immediate income generation. This is an ideal investment for those seeking a diversified portfolio with significant long-term growth potential. The modern design and prime locations ensure strong tenant demand and consistent rental income. This bulk sale provides an efficient and cost-effective way to acquire a substantial real estate portfolio in a growing market. The properties are ready for immediate occupancy and income generation. This is a turnkey investment opportunity with significant upside potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.4315
- Latitude
- 42.1223