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Investment Highlights
- Access & Connectivity
- Proximity to Major Area Attractions
- Strong Rental Demographics & Demand
- Area Amenities & Demand Drivers
- Separately Metered Utilities
- Quality of Life Amenities
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment portfolio located at 47 Hollywood Street and 53 Walden Street in Springfield, MA (the “Properties” or the “Portfolio”). The multi-story buildings contain eight (8) total units comprised of seven (7) 3-Bedroom/1-Bathroom units and one (1) 2-Bedroom/1- Bathroom unit with a total of 7,847 square feet of gross living area in 12,483 square feet of gross area. 47 Hollywood St contains three (3) 3-Bedroom/1- Bathroom units and one (1) 2-Bedroom/1-Bathroom unit while 53 Walden St contains four (4) 3-Bedroom/1-Bathroom units. The Portfolio is spread across 0.22-acres of land and features on-street parking spaces. 47 Hollywood Street and 53 Walden Street are well-positioned within established residential neighborhoods in Springfield, offering strong access to the city’s primary commercial corridors, employment centers, and neighborhood retail amenities. The properties benefit from convenient connectivity to major thoroughfares including State Street and Boston Road, as well as close proximity to Interstate 291 and Interstate 91, providing efficient regional access throughout Western Massachusetts and into Connecticut.
Property Facts
| Price | $1,367,680 CAD | Number of Properties | 2 |
| Price / SF | $113.97 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 8.89% | Total Building Size | 12,000 SF |
| Sale Type | Investment | Total Land Area | 0.23 AC |
| Status | Active |
| Price | $1,367,680 CAD |
| Price / SF | $113.97 CAD / SF |
| Cap Rate | 8.89% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 12,000 SF |
| Total Land Area | 0.23 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 47 Hollywood St, Springfield, MA 01108 | Multifamily | 6,000 SF | 1916 | - |
| 53 Walden St, Springfield, MA 01108 | Multifamily | 6,000 SF | 1924 | - |
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Hollywood & Walden
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