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47 Hollywood Street
Springfield, MA 01108
Asking Price
$1.00M
Cap Rate
8.89%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 8.89% Cap | 7,847 SqFt <p>Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment portfolio located at 47 Hollywood Street and 53 Walden Street in Springfield, MA (the “Properties” or the “Portfolio”). The multi-story buildings contain eight (8) total units comprised of seven (7) 3-Bedroom/1-Bathroom units and one (1) 2-Bedroom/1- Bathroom unit with a total of 7,847 square feet of gross living area in 12,483 square feet of gross area. 47 Hollywood St contains three (3
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
