FOREST PARK !!! - 16 UNITS available for sale in two buildings (side by side). 14 three bedroom units & 2 two bedroom units. Tenants pay for their own Heat, Hot water & Electric. New paved parking lot. New rubber membrane roof. Lead compliance certificates. Onsite property manager. Property Cash Flows & Flows. Gross Income = $ 137,340 ; Net Operating Income= $105,145 = CASH FLOW.
Multi-familyProperty Type
1917Year Built
6,098 sq ftLot Size
$66Price/Sq.Ft.
8 spacesParking
Listed by David Roffo• Prime Real Estate
Bought with Robin Jones• Stamps - Williams Family Realty
Source:MLS PIN #70212805
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FOREST PARK !!! - 16 UNITS available for sale in two buildings (side by side). 14 three bedroom units & 2 two bedroom units. Tenants pay for their own Heat, Hot water & Electric. New paved parking lot. New rubber membrane roof. Lead compliance certificates. Onsite property manager. Property Cash Flows & Flows. Gross Income = $ 137,340 ; Net Operating Income= $105,145 = CASH FLOW.
Year
Property tax
Land + Additions
Assessment*
2023
$12,182 (+15.3%)
$28,300 + $686,200
$714,500
2022
$10,564 (+4.1%)
$26,400 + $534,900
$561,300
2021
$10,151 (+19.2%)
$24,000 + $513,100
$537,100
2020
$8,513 (+0.9%)
$24,000 + $411,900
$435,900
2019
$8,437 (+5.9%)
$24,000 + $404,700
$428,700
2018
$7,966 (+9.1%)
$23,100 + $381,700
$404,800
2017
$7,300 (+5.8%)
$22,500 + $348,800
$371,300
2016
$6,903 (+2.9%)
$22,500 + $328,600
$351,100
2015
$6,707 (+12.6%)
$22,500 + $318,500
$341,000
2014
$5,954 (+8.5%)
$24,000 + $278,100
$302,100
2013
$5,487 (−0.6%)
$24,000 + $254,400
$278,400
2012
$5,521 (−12.1%)
$24,000 + $254,400
$278,400
2011
$6,278
$60,000 + $262,100
$322,100
Tax history for 70 Grenada Ter
Year
Property tax
Land + Additions
Assessment*
2023
$12,182 (+15.3%)
$28,300 + $686,200
$714,500
2022
$10,564 (+4.1%)
$26,400 + $534,900
$561,300
2021
$10,151 (+19.2%)
$24,000 + $513,100
$537,100
2020
$8,513 (+0.9%)
$24,000 + $411,900
$435,900
2019
$8,437 (+5.9%)
$24,000 + $404,700
$428,700
2018
$7,966 (+9.1%)
$23,100 + $381,700
$404,800
2017
$7,300 (+5.8%)
$22,500 + $348,800
$371,300
2016
$6,903 (+2.9%)
$22,500 + $328,600
$351,100
2015
$6,707 (+12.6%)
$22,500 + $318,500
$341,000
2014
$5,954 (+8.5%)
$24,000 + $278,100
$302,100
2013
$5,487 (−0.6%)
$24,000 + $254,400
$278,400
2012
$5,521 (−12.1%)
$24,000 + $254,400
$278,400
2011
$6,278
$60,000 + $262,100
$322,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RES B
Urban Residential District
Medium density residential, primarily single-family and twofamily
Permitted uses
Include but are not limited to:
Agriculture
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Other
Property details
Interior
Basement Information
Basement Sq. Ft: 2,204
Heating & Cooling
Heating Type: Electric
Exterior
Exterior Information
Building Style Type: Multi-Family
Exterior Wall: Wood Siding/Shingle
Property Information
Gross Sq. Ft: 11,020
# of Units: 8
# of Stories: 4
Lot Information
# of Buildings: 1
Land Sq. Ft: 6,098
Municipality Name: SPRINGFIELD
Acres: 0.14
Zoning Code: R2
State Use Description: APARTMENT BLDG - 4-8 UNITS
Financial
Assessor Information
Assessment Year: 2023
Public facts
Beds: 23
Baths: —
Sq. Ft.: 11,020
Stories: 4.0
Lot Size: 6,098 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1917
Year Renovated: —
County: Hampden County
APN: 2587048
Home facts updated by county records on Jul 26, 2025
Around this home
Schools
White Street School
Public PreK-5 • Assigned • 0.2mi
7/10
Forest Park Middle School
Public 6-8 • Assigned • 0.4mi
3/10
Springfield High School
Public 9-12 • Assigned • 0.1mi
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Springfield, MA • 01108
Average low and high temperatures (°F)
32
18
35
19
52
32
62
41
70
51
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87
67
82
59
76
56
66
44
52
35
37
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.