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528-532 Union Street
Springfield, MA 01109
Asking Price
$3.50M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 28 Units | $125,000/unit <p><strong>ACCESS & CONNECTIVITY</strong></p><p>Union Street sits just minutes from on-ramps to Interstate 91 and Interstate 291, the Springfield Expressway, providing direct north–south and east–west links through downtown Springfield and to the Massachusetts Turnpike (I-90) for convenient regional and commuter access.</p><p>Residents are within a short drive of Springfield Union Station at 55 Frank B. Murray Street, the region’s intermodal hub served by Amtrak, intercity bus carriers, and Pion
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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084
