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Investment Highlights
- Access & Connectivity
- Upside Potential with Rent Growth
- Strong Rental Demographics & Demand
- Nearby Employment & Housing Demand Drivers
- Desirable Brick Construction
- Quality of Life Amenities
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment properties located at 2137 2151 Main Street & 54 Cumberland Street in Springfield, MA (the “Properties”). The multi-story buildings contain twenty-four (24) total units across the two properties with sixteen (16) units at 2137-2151 Main St comprised of eight (8) 4-Bedroom/1-Bathroom units, four (4) 3-Bedroom/1-Bathroom units, and four (4) 2-Bedroom/1-Bathroom units, while 54 Cumberland St is comprised of eight (8) 2-Bedroom/1 Bathroom units. The Properties have a total of 36,334 square feet of gross living area in 45,305 square feet of gross area, spread across 0.4-acres of land and offering on-street parking. 2137–2151 Main Street and 54 Cumberland Street are well-positioned in downtown Springfield, offering strong access to the city’s central business district, neighborhood retail corridors, and surrounding residential areas. The properties benefit 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 access throughout the Pioneer Valley and broader New England region
Property Facts
| Price | $4,155,720 CAD | Number of Properties | 2 |
| Price / SF | $94.61 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 8.33% | Total Building Size | 43,924 SF |
| Sale Type | Investment | Total Land Area | 0.35 AC |
| Status | Active |
| Price | $4,155,720 CAD |
| Price / SF | $94.61 CAD / SF |
| Cap Rate | 8.33% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 43,924 SF |
| Total Land Area | 0.35 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2147 Main St, Springfield, MA 01104 | Multifamily | 35,680 SF | 1904 | - |
| 54 Cumberland, Springfield, MA 01107 | Multifamily | 8,244 SF | 1922 | - |
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Main & Cumberland
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