109 Grover St
Springfield, MA 01104

  • 12 beds
  • 6 baths
  • 6,488 sqft
  • 6,950 sqft lot
  • $50 per sqft
  • 1909 build
  • on site

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This building has been owned by the same family since 1932. Well managed and maintained 6 family building for the last 80+ years. Senior citizen owner is retiring from the landlord business. No vacancies in the past two years, and vacancies usually fill immediately. 12% Cap Rate. All the big ticket items have been done here. Good roof, good heating/hot water system, good electrical, replacement windows, vinyl siding, and solid rear exterior stairs/porch. A rare asset to this property is that it has its own off-street parking lot for the tenants. Big plus for attracting long term, stable tenants. These are comfortable, 1000+ sq ft, 2 bedroom apartments. Most of the units have been updated to various degrees. The lowest rental amount is for a long term, 20+ year tenant. Priced at the market for a quick sale.

MLS Property Information Network, Inc. logo Listing courtesy of MLSPIN

Last checked: Checking… • Last updated May 28, 2023 •

MLS# 72379050 —

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Sale history

Date Event Source Price % Change
12/20/18
Sold MLSPIN $325,000

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Multifamily Sold on 12/20/2018

$325,000

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Listing Courtesy of: MLSPIN and .

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