240 Locust St - Locust Apartments 16 Unit Apartment Building Offered at $2,389,539 CAD at a 8.10% Cap Rate Springfield, MA 01108

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 236-240 Locust Street in Springfield, MA (the “Property”). The four-story building contains sixteen (16) total units comprised of eight (8) 2-Bedroom/1-Bathroom units and eight (8) 1-Bedroom/1-Bathroom units with 12,989 square feet of gross living area in 16,207 square feet of gross area. The Property is situated upon a 0.23-acre parcel and features on-street parking. 236–240 Locust Street is well-positioned in the urban core of Springfield, offering strong access to the city’s downtown business district, neighborhood retail corridors, and surrounding residential neighborhoods. The property benefits from convenient connectivity to major regional routes including Interstate 91, Interstate 291, and U.S. Route 20, as well as proximity to Springfield Union Station, providing efficient rail and bus transit access throughout the Pioneer Valley and connections to major regional destinations including Boston and New Haven.