Sharon Ridley
StartPoint Realty
(774) 479-4424
97 Total Sales
1 in Forest Park
$335,000 Price
70 Grenada Terrace Springfield, MA 01108
Forest Park Neighborhood
46
Beds
16
Baths
12,020
Sq Ft
6,098
Sq Ft Lot
Highlights
- Medical Services
- Porch
- Shops
- Property is near public transit and schools
About This Home
As of March 2025Investor'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.
Last Agent to Sell the Property
Hayat Awad
Cameron Real Estate Group Listed on: 09/27/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,360
Year Built
- Built in 1917
Lot Details
- 6,098
Home Design
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 46 Bedrooms
- 16 Full Bathrooms
Parking
- 16 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
Additional Features
- Basement Fills Entire Space Under The House
- Porch
- 6,098 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $23,800
Community Details
Overview
- 16 Units
- 7-Story Property
Amenities
- Medical Services
- Shops
Building Details
- Electric Expense $2,880
- Insurance Expense $13,800
- Water Sewer Expense $20,628
- Operating Expense $106,956
- Net Operating Income $178,644
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2024
Closed on
Mar 7, 2025
Sold by
D Hm Improvement T Inc
Bought by
Seller's Agent
Hayat Awad
Cameron Real Estate Group
Buyer's Agent
Shirin KokoBaeva
Leverage Real Estate, LLC
List Price
$2,099,000
Sold Price
$1,980,000
Premium/Discount to List
-$119,000
-5.67%
Views
44
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Outstanding Balance
$1,341,219
Interest Rate
6.96%
Mortgage Type
Commercial
Purchase Details
Listed on
Mar 3, 2022
Closed on
Apr 19, 2022
Sold by
Grenada Property Llc
Bought by
D Hm Improvement T Inc
Seller's Agent
Sohrab Khan
MIG
Buyer's Agent
Hayat Awad
Cameron Real Estate Group
List Price
$1,550,000
Sold Price
$1,550,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$1,084,000
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Sep 25, 2019
Closed on
Apr 22, 2020
Sold by
Grenada Llc
Bought by
Grenada Property Llc
Seller's Agent
Pablo Ottenwalder
Premier Choice Realty
Buyer's Agent
Sohrab Khan
MIG
List Price
$1,200,000
Sold Price
$1,130,000
Premium/Discount to List
-$70,000
-5.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.21%
Purchase Details
Closed on
Jun 8, 2017
Sold by
Yellowbrick Property L
Bought by
Grenada Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,000
Interest Rate
4.03%
Mortgage Type
Commercial
Purchase Details
Closed on
May 12, 2010
Sold by
Ib Property Holdings L
Bought by
Yellowbrick Property L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.11%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 20, 2008
Sold by
Sanchez Epifanio and Silver Hill Financial
Bought by
Ib Property Holdings L
Purchase Details
Closed on
May 16, 2007
Sold by
Sanchez Epifanio
Bought by
Evans Paul
Purchase Details
Closed on
Oct 27, 2005
Sold by
70 Grenada Rt and Glenn
Bought by
Sanchez Epifanio
Purchase Details
Closed on
Mar 29, 2002
Sold by
Bercan Assocs Inc
Bought by
Glenn Patti
Purchase Details
Closed on
Apr 30, 1999
Sold by
Grenada Ter Rlty Co and Aude
Bought by
Bercan Assocs Inc
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Forest Park, MA
-
Sharon Ridley
-
Brett Castellano
Brett Castellano
Real Broker CT, LLC
(508) 665-2091
63 Total Sales
4 in Forest Park
$250K - $320K Price Range
-
James Duffer
James Duffer
RISE REC
(401) 681-8732
169 Total Sales
1 in Forest Park
$304,000 Price
-
Johnny Long
Johnny Long
PRIVI Realty LLC
(857) 353-8035
167 Total Sales
3 in Forest Park
$292K - $388K Price Range
-
Cynthia Gonzalez
Cynthia Gonzalez
Responds QuicklyExecutive Real Estate, Inc.
(413) 288-5131
96 Total Sales
11 in Forest Park
$285K - $460K Price Range
-
Ray Hoess-Brooks
Ray Hoess-Brooks
HB Real Estate, LLC
(860) 356-3690
138 Total Sales
4 in Forest Park
$256K - $282K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,980,000 | None Available | ||
| D Hm Improvement T Inc | $1,550,000 | None Available | |
| Grenada Property Llc | $1,130,000 | None Available | |
| Grenada Llc | $965,000 | -- | |
| Yellowbrick Property L | $275,000 | -- | |
| Ib Property Holdings L | $500,000 | -- | |
| Evans Paul | $725,000 | -- | |
| Sanchez Epifanio | $949,000 | -- | |
| Glenn Patti | $375,000 | -- | |
| Bercan Assocs Inc | $125,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,360,000 | ||
| Previous Owner | -- | $1,084,000 | |
| Previous Owner | -- | $772,000 | |
| Previous Owner | Yellowbrick Prop Llc | $472,500 | |
| Previous Owner | Agranat Fjodor | $500,000 | |
| Previous Owner | Sanchez Epifanio | $752,000 | |
| Previous Owner | Sanchez Epifanio | $94,000 | |
| Previous Owner | 70 Grenada Rt | $160,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/07/2025 03/07/25 | Sold | $1,980,000 | -5.7% | $165 / Sq Ft | |
| 11/09/2024 11/09/24 | Pending | -- | -- | -- | |
| 09/27/2024 09/27/24 | For Sale | $2,099,000 | +35.4% | $175 / Sq Ft | |
| 04/19/2022 04/19/22 | Sold | $1,550,000 | 0.0% | $129 / Sq Ft | View Prior Sale |
| 03/04/2022 03/04/22 | Pending | -- | -- | -- | |
| 03/03/2022 03/03/22 | For Sale | $1,550,000 | +37.2% | $129 / Sq Ft | |
| 04/24/2020 04/24/20 | Sold | $1,130,000 | -1.7% | $301 / Sq Ft | View Prior Sale |
| 01/06/2020 01/06/20 | Pending | -- | -- | -- | |
| 12/19/2019 12/19/19 | Price Changed | $1,150,000 | -2.1% | $306 / Sq Ft | |
| 11/06/2019 11/06/19 | Price Changed | $1,175,000 | -2.1% | $313 / Sq Ft | |
| 09/25/2019 09/25/19 | For Sale | $1,200,000 | -- | $319 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,379 | $789,500 | $31,100 | $758,400 |
| 2024 | $12,520 | $779,600 | $31,100 | $748,500 |
| 2023 | $12,182 | $714,500 | $28,300 | $686,200 |
| 2022 | $10,564 | $561,300 | $26,400 | $534,900 |
| 2021 | $10,151 | $537,100 | $24,000 | $513,100 |
| 2020 | $8,513 | $435,900 | $24,000 | $411,900 |
| 2019 | $8,437 | $428,700 | $24,000 | $404,700 |
| 2018 | $7,966 | $404,800 | $23,100 | $381,700 |
| 2017 | $7,300 | $371,300 | $22,500 | $348,800 |
| 2016 | $6,903 | $351,100 | $22,500 | $328,600 |
| 2015 | $6,707 | $341,000 | $22,500 | $318,500 |
Source: Public Records
Agents Affiliated with this Home
-
HA
Seller's Agent in 2025
Hayat Awad
Cameron Real Estate Group
-
Shirin KokoBaeva
SK
Buyer's Agent in 2025
Shirin KokoBaeva
Leverage Real Estate Group
(617) 871-9750
3 in this area
16 Total Sales
-
Sohrab Khan
SK
Seller's Agent in 2022
Sohrab Khan
MIG
(617) 678-6843
2 in this area
28 Total Sales
-
Pablo Ottenwalder
Seller's Agent in 2020
Pablo Ottenwalder
Premier Choice Realty
(305) 851-1979
3 in this area
37 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73295892
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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