For Sale
$1,300,000

1146 Memorial Ave West Springfield, MA 01089

Four-building multifamily & commercial complex

Overview

Added:
Dec 11, 2024
Days on market:
138
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.

Highlights

  • Excellent West Springfield location in a high-demand rental market.
  • Diverse portfolio of residential and commercial properties.
  • Flexible financing options available.
  • Well-maintained properties with strong rental income and immediate occupancy.

Property Details for 1146 Memorial Ave

Property type
Mixed-use properties, Apartment buildings
Buildings
4

Location Insight

City
West Springfield
County
Hampden
State
Massachusetts
Latitude
42.0939163
Longitude
-72.6168031

FAQs

What type of property is this?
Mixed-use property - Four-building multifamily & commercial complex
Where is the mixed-use property located?
The property is located at 1146 Memorial Ave West Springfield, MA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Excellent West Springfield location in a high-demand rental market.; Diverse portfolio of residential and commercial properties.; Flexible financing options available.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1146 Memorial Ave
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