Boston Trust Realty Group Brokers Sale Of 16-Unit Multifamily In Springfield, MA For $1.55M

A multifamily property located at 70-74 Grenada Terrace in Springfield, MA was recently sold for a total of $1,550,000. The property consists of 16 units, with a price per unit (PPU) of $96,875. The total square footage of the property is 12,000, resulting in a price per square foot (PPSF) of $129.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,550,000
• Address: 70-74 Grenada Terrace, Springfield, MA
• Units: 16
• PPU: $96,875
• Square Footage: 12,000
• PPSF: $129

The sale was facilitated by Sohrab Khan from Boston Trust Realty Group. He represented the buyers and sellers in the transaction.