Property profile

1146 Memorial Ave West Springfield, MA 01089

OFF-MARKET
Investment properties
Property ID
US38-0679913
4,029 SF 0.18 ac lot Built 1915
Entity Owned 1-yr Hold
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Property summary

AI-generated overview

This exceptional investment opportunity presents a portfolio of four properties in West Springfield, MA, totaling $1,300,000. The portfolio includes three multifamily buildings and one mixed-use property. Individual properties are also available for purchase. 310 Park Street, a two-family home on a .48-acre lot zoned Business A, includes warehouse space, priced at $495,000. 220 New Bridge Street, a fully occupied two-family home, offers immediate rental income and is priced at $370,000. 1146 Memorial Avenue is a multi-family building with integrated commercial space (a flower shop), listed at $580,000. A bundled purchase of 220 New Bridge Street and 1146 Memorial Avenue is available for $850,000. All three properties can be acquired for $1,300,000. This prime West Springfield location offers strong rental demand and diverse income streams, making it an attractive investment for both seasoned and emerging investors. The properties are well-maintained and tenant-ready, promising immediate returns. Flexible purchase options cater to various investment strategies. This portfolio presents a unique opportunity to acquire a diverse and profitable real estate holding in a desirable Massachusetts market.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1915
Construction FRAME
Total area 4,029 SF
Lot 0.18 ac (8,054 SF)
APN WSPR M:00371 B:16600 L:00009
UPID US38-0679913

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1146 Memorial Ave West Springfield, MA 01089-3522
West Springfield metro Census 812300 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$240k

Owner & transaction history

since 2025
5 recorded transactions
2025
Price N/A
2025
$495,000
2020
$365,000
2001
Price N/A
1991
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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