OFF MARKET

Off Market Mar 2025 for $1.9M

—

•

—

sq ft

70-74 Grenada Ter, Springfield, MA 01108

About this home

Investor's Special! Discover a unique and rare investment opportunity with these two fully occupied and low-maintenance 4-story brick buildings! Featuring 14 spacious three-bedroom and 2 two-bedroom units. This property boasts a total of 46 bedrooms and 16 bathrooms. All units have lead letters of compliance and each unit has separate electric and gas meters. Most units have been recently updated, complemented by new exterior lighting, electrical improvements, and security cameras. Newer porches and 16 parking spaces. This property generates an impressive $285,600 annually. 12 apartments on one-year leases and 4 on month-to-month leases. 5 apartments has long term tenants with under market rent. The mix of long-term tenants and flexible leases presents the ultimate chance to gradually increase rents or consider a condo conversion. Showings start Thursday, 10/3/2024—Don’t let this exceptional and fantastic opportunity slip away! For more details, refer to the attached rent roll.

Multi-familyProperty Type

1917Year Built

6,098 sq ftLot Size

16 spacesParking

Listed by Hayat Awadallah • Cameron Real Estate Group

Bought with Shirin KokoBaeva • Leverage Real Estate, LLC

Redfin checked: 3 minutes ago

•Source:MLS PIN #73295892

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 01108, MA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.9%

0.3% MoM

Median sale price

$347K

$6K MoM

Avg. days on market

26d

0 days MoM

Recently sold homes

6 MoM

New listings for sale

NEW 8 HRS AGO
$324,900
5 beds2.5 baths2,036 sq ft
38 Virginia St, Springfield, MA 01108
NEW 10 HRS AGO
$405,000
6 beds2 baths2,602 sq ft
17-19 Trinity Ter, Springfield, MA 01108
NEW 33 HRS AGO
$499,999
6 beds3 baths3,000 sq ft
335 Oakland St, Springfield, MA 01108
NEW 33 HRS AGO
$379,900
3 beds1.5 baths1,531 sq ft
25 Webber St, Springfield, MA 01108
OPEN SAT, 11AM TO 1PM
$649,900
6 beds2 baths3,300 sq ft
173-175 Johnson St, Springfield, MA 01108
$447,000
6 beds2.5 baths3,721 sq ft
30 Beechwood Ave, Springfield, MA 01108
OPEN SAT, 10AM TO 12PM
$389,900
6 beds2 baths2,688 sq ft
118-120 Commonwealth Ave, Springfield, MA 01108
OPEN SUN, 3PM TO 5PM
$479,900
7 beds2 baths3,448 sq ft
25 Kimberly Ave, Springfield, MA 01108
3D WALKTHROUGH
$299,900
2 beds1.5 baths1,030 sq ft
37 Williamsburg Dr #37, Springfield, MA 01108
OPEN SAT, 12PM TO 1:30PM
$389,900
7 beds3 baths2,995 sq ft
415 Orange St, Springfield, MA 01108
See all

Provided by Redfin

Sale history for 70-74 Grenada Ter

Date

Event

Price

MLS PIN #73295892

Mar 7, 2025

Sold

$1,980,000

Nov 12, 2024

Contingent

—

Sep 27, 2024

Listed

$2,099,000

MLS PIN #72948310

Apr 19, 2022

Sold

$1,550,000

Mar 6, 2022

Contingent

—

Mar 3, 2022

Listed

$1,550,000

14-3 Br units and 2-2Br units with heat and hot water included in rent. Brand new heat and Hot water tank. Separate electric meter. All have lead latter's of compliance, Some units with Granite kitchen, Updated exterior lighting, Several electrical updates, Cameras mounted and installed on the property has basement with functional coin up laundry machines ready for use. Newer porches. Two Separate Buildings (8 units each). Parking lot is rare of those buildings.

MLS PIN #72570669

Apr 24, 2020

Sold

$1,130,000

Sep 25, 2019

Listed

$1,150,000

14 -3 Br units and 2 2br untis with heat and hot water included in rent. 10 units recently updated, All have lead letters of compliance, Some units with Granite kitchens, Updated heat and hot water included in the rent. Updated exterior lighting, Newer porches, Several electrical updates, Rent roll leaves upside for new owner, Current owner looking to invest closer to home in Eastern MA, Upside in rents (Market is $1200 for 3BR and $1000 for 2BR), Brand new heating system completely redone 2014 Porches - 2014., $80K invested in early 2019 to renovated and update units/buildings, Cameras mounted and installed on property Has basement with functional laundry machines ready for use to act as additional revenue source. Potential of $400/month additional revenue Existing management familiar with building for easy/smooth takeover

MLS PIN #71050138

May 12, 2010

Sold

$275,000

Mar 19, 2010

Listed

$375,000

MLS PIN #70497550

May 16, 2007

Sold

$725,000

Dec 6, 2006

Listed

$800,000

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 70-74 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.

Public record

Public record
Zoning

Beds

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

6,098 Sq. Ft.

Year renovated

—

Sq. Ft.

11,020

Year built

1917

Style

Multi-Family (5+ Unit)

County

Hampden County

APN

2587049

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 26, 2025.

Property details

Parking

Parking Information
Has Open Parking
Parking Spaces: 16
Parking Features: Paved Drive, Paved

Interior

Bathroom Information
# of Bathrooms (Full): 16

Basement Information
Basement: Full

Interior Features
# of Rooms (Total): 78

Unit #1 Information
# of Floors: 2
Lease: N

Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N

Unit #3 Information
# of Levels: 1
# of Floors: 1

Unit #4 Information
# of Levels: 1
# of Floors: 1

Exterior

Building Information
Foundation Details: Concrete Perimeter
Stories (Total): 4
Year Built Source: Public Records
Year Built Details: Actual
Lead Paint: Yes

Exterior Features
Patio And Porch Features: Porch

Property Information
PropertySubType: 5+ Family - 5+ Units Up/Down

Lot Information
Lot Size (Acres): 0.14

Financial

Tax Information
Tax Annual Amount: $21,360
Tax Year: 2022

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Public

Location

Location Information
Directions: GPS
UnparsedAddress: 70-74 Grenada Ter, Springfield MA 01108

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, Public School

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: 2587049

Home facts updated by county records on Jul 26, 2025

Other

Listing Information
StandardStatus: Closed

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

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 98° expected this year, 16 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Springfield, MA • 01108

Average low and high temperatures (°F)

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.

9.1 hrs

4.3 hrs

JuneDecember

Provided by Shadowmap

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Home values near 70-74 Grenada Ter

Data from public records.

Address	Redfin Estimate
69 Grenada Ter, Springfield, MA 6 Beds \| 3 Baths \| 3126 Sq. Ft.	$456,916
91 Grenada Ter, Springfield, MA 8 Beds \| 3 Baths \| 3194 Sq. Ft.	$334,616

Address	Redfin Estimate
75 Grenada Ter, Springfield, MA 8 Beds \| 3 Baths \| 3132 Sq. Ft.	$442,475
95 Grenada Ter, Springfield, MA 8 Beds \| 3 Baths \| 3552 Sq. Ft.	$450,010

Address	Redfin Estimate
77 Grenada Ter, Springfield, MA 9 Beds \| 3 Baths \| 4044 Sq. Ft.	$464,967
100 Grenada Ter, Springfield, MA 8 Beds \| 3 Baths \| 3792 Sq. Ft.	$488,129

Property information provided by MLS PIN when last listed in 2024. This data may not match . Learn more.

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