Sold!
$10,000,000
66
Beds
22/22
Baths
41,680
Living Area
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Property Description
Spring Meadows Apartments consists of 3 buildings and contains a total of 22 units, comprised entirely of 3+Bedroom/1.5-Bathroom direct entry townhouse units. The Property has been well-maintained by current ownership and features ample off-street parking with 46 spaces and separate utilities with HVAC systems throughout and laundry hookups in each unit. Large units (approximately 2,000 square feet) offer spacious layouts with finished walkout basements and many units have been renovated with granite countertops and stainless-steel appliances. The Property offers upside through programmatic upgrades to the unrenovated units and by implementing additional improvements to modernize finishes and fixtures in the renovated units. Spring Meadows offers the opportunity to acquire a well-maintained investment property with upside in a desirable North Shore location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns.
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Highlights
- Acres: 11
- Parking Spots: 46
- Property Type: 5+ Family - 5+ Units Side by Side
- Total Rooms: 99
- Status: Closed
- Levels: 8
- Property Class: Residential Income
- Stories: 8
- Year Built: 1997
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Additional Details
- Basement: Full, Partially Finished
- Lot Features: Level
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R2
- Foundation: Other
- Roof: Shingle
- Total Number of Units: 22
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Public School
- Parking Features: Off Street
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $6,226,800
- Tax Year: 25
- Total Rent: $32,767
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $68,433
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Horvath & Tremblay.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
