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Investment Highlights

  • Access & Connectivity
  • Recent Capital Improvements
  • Durable Brick Construction
  • Area Amenities & Demand Drivers
  • Off-Street Parking
  • Strong Rental Demographics & Demand

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property, known as “Elizabeth Manor”, located at 238 Maple Street in Agawam, MA (the “Property”). The multi-story building contains thirty-nine (39) 2-Bedroom/1-Bathroom units and one (1) 3-Bedroom/1-Bathroom unit with 37,944 square feet of gross living area in 38,784 square feet of gross area. The Property is situated upon a 1.70-acre parcel and features ample off-street parking spaces on the Property. The Property is well-positioned in Agawam, offering convenient access to the city’s primary commercial corridors, surrounding residential neighborhoods, and the broader Springfield metropolitan area. The property benefits from strong connectivity to major regional roadways including Interstate 91 and Route 57, providing direct access to downtown Springfield, neighboring communities, and key employment hubs throughout Western Massachusetts and Northern Connecticut.

Property Facts

Price $9,247,500 CAD
Price Per Unit $231,188 CAD
Sale Type Investment
Cap Rate 7.18%
No. Units 40
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.70 AC
Building Size 38,784 SF
Average Occupancy 100%
No. Stories 3
Year Built 1966
Opportunity Zone Yes
Zoning BB
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
AGAW-000015I-000003-000006
Land Assessment
$1,096,000 CAD
Improvements Assessment
$2,960,570 CAD
Total Assessment
$4,056,570 CAD
  • Listing ID: 40193628

  • Date on Market: 2026-04-17

  • Last Updated:

  • Address: 238 Maple St, Agawam, MA 01001

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