Historical Multifamily Sale Listing - 122 Chestnut

Multifamily For Sale

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122 Chestnut

122 Chestnut Street, Springfield, MA 01103

N/A

99 Units | Multifamily

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Street view of 122 Chestnut

Multifamily Property - Off Market

Price:
N/A
No. Units:
99
Building Size:
90,181 SF
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
Cap Rate:
7.46%
Gross Rent Multiplier:
6.51
Occupancy:
95%
Lot Size:
0.59 AC
Listing ID
17157849
Last Updated
over 1 year ago

Description

The property consists of a 99-unit market rate apartment community and a 146 space attached parking garage.

122 Chestnut Street is located in the central business district of downtown Springfield MA. It is ideally nestled in the exclusive historic section of downtown Springfield, known as the Apremont Triangle, with easy access to banks, shopping malls, restaurants, places of worship, the Symphony Hall, museums and the library. In addition, the property is located directly on the bus route and is only minutes away from the I-91.

Map of 122 Chestnut Street, Springfield, MA 01103 (Hampden County)

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