64 Myrtle Street

Springfield, MA 01105

$11,900,000 PRICE
3.62 Acres
1914 Built

Actual 7.8% CAP RATE with annual in-place rent increases. Rare portfolio of 3 stabilized, cash-flowing, professionally managed brick properties in Springfield’s strong rental market, totaling 127 units: 120 1-bed/1-bath, 7 studios, 3 commercial. 96% REAC score, upgraded mechanicals, on-site laundry, security systems. $270K recently invested in energy-efficiency upgrades (attic insulation, low-flow fixtures, door sealing), boosting NOI. Upside via repurposing underused commercial/office space. Two assets on the National Register of Historic Places (potential tax credits—buyer to verify).64 Myrtle: 39-unit school conversion (5 lofts), roof <7 yrs, Grundfos pumps, 2022 ACV Prestige 6 system w/ dual tanks.11 Acushnet: 24-unit school conversion, roof <10 yrs, 2015 Prestige Triangle Tube system, 100-gal indirect heater.519 Main: 64 units, new water heaters (’22/’23), RUUD AC for commercial, roof <10 yrs.All 3 sold as a portfolio.

Additional Information

ADDITIONAL INFORMATION

LIVING AREA SQFT: 144383
ON MARKET DATE: 2025-04-02
PARKING SPACES: 80
SEWER: Public Sewer
TAX AMOUNT: $91,275
TAX YEAR: 2025
TYPE: Commercial Sale
UTILITIES: Natural Gas Available
YEAR BUILT: 1914
ZONING: Legal Conforming

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Location for 64 Myrtle Street, Springfield, MA

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Schools for 64 Myrtle Street, Springfield, MA

Our community offers residents access to a number of fine private and public schools for all grade levels. Please read below for information on each of the schools in our area.

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Middle School
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High School
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Private Schools

SCHOOL	LOCATION	GRADE
Springfield Commonwealth Academy	1 Ames Hill Drive Springfield, MA 01105	9 - 12
Our Lady of Mount Carmel School	36 Margaret Street Springfield, MA 01105	PK - 8
Sacred Heart Elementary School	370 Stafford St Springfield, MA 01104	PK - 8
Springfield SDA Junior Academy	797 State Street Springfield, MA 01109	1 - 8
Square One	255 King Street Springfield, MA 01109	KG
Mason Square Head Start	33 Wilbraham Road Springfield, MA 01109	PK - KG
Springfield Sda Junior Academy	Po Box 90127 Springfield, MA 01139	PK - 8
Our Lady of Hope School	474 Armory St Springfield, MA 01104	PK - 8
May Center For Child Development-West Springfield	511 Main Street West Springfield, MA 01089	KG - 12
Children's House Day Care Center	24 Chapin Terrace Springfield, MA 01107	PK - KG
Holy Name School	37 Alderman Springfield, MA 01108	PK - 8
Trinity Nursery and Kindergarten	361 Sumner Avenue Springfield, MA 01108	KG
Trinity Nursery And Kindergarten	361 Sumner Avenue Springfield, MA 01108	PK - KG
Ymca North End Youth Center	1772 Dwight Street Springfield, MA 01107	PK - KG

*UG = ungraded.
Detailed school information provided by GreatSchools.org © . All rights reserved.

Public and private school information is provided by sources including GreatSchools.org and various MLS services including the One Key, SMARTMLS, NCMLS, DARMLS and Greenwich MLS, and is subject to the terms of use on those sites. William Pitt and Julia B. Fee Sotheby’s International Realty believes the information provided by these sources to be accurate but will not be held responsible if any data as well as information such as school districts for listings is inaccurate.

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Pioneer Valley

, Massachusetts

The Pioneer Valley, comprising the three Massachusetts counties of Hampden, Hampshire and Franklin, is known for its robust economy, unparalleled scenery and as a tourist destination.

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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, landlords 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, leasing or renting 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, leasing or renting. 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. Listing Courtesy of Lisa Cozzi of Century 21 AllPoints Realty (860.621.8378).