The Forty Four 41-49 School St Immeuble residentiel 44 lots 2 968 735 € (67 471 €/Lot) Taux de capitalisation 5,65 % Springfield, MA 01105

Horvath & Tremblay is pleased to present the sale of The Forty-Four, a multi-family investment property located at 41-49 School Street in Springfield, Massachusetts (the “Property”). The offering consists of a four-story brick multi-family building and contains a total of forty-four (44) units, comprised of twenty (20), Studio units, twenty (20), 1-Bedroom/1- Bathroom units and four (4), 2-Bedroom/1-Bathroom units with 27,787 square feet of living area in 34,760 square feet of gross area on a 0.35-acre corner parcel of land. The Property features updated electrical, recently renovated units, and five (5) on-site parking spaces. The Property is located on the corner of School and High Street an area known for some of Springfield’s most architecturally distinguished buildings. It’s situated on the border of the Metro Center and Six Corners neighborhoods of Springfield and is 0.25 miles from the heart of Downtown Springfield with excellent access to all the amenities the city has to offer. Springfield is the economic center of western Massachusetts and features a walkable downtown with a plethora of employment and entertainment opportunities. High profile attractions include the new MGM Hotel & Casino, the MassMutual Center, and the Naismith Basketball Hall of Fame. Springfield is also home to the Commonwealth of Massachusetts' largest Fortune 100 company, MassMutual Financial Group three large area hospitals and several colleges and universities, all of which create employment opportunities and drive people to the area.