Bradley of Horvath & Tremblay arranges the sale of 114 multi-family units in Springfield, MA for $14.25 million

Springfield, MA Michael Bradley of Horvath & Tremblay has arranged the sale of Silver Brick Square, a 114 unit multi-family property. Horvath & Tremblay exclusively represented the seller and secured the buyer to complete the transaction at a sale price of $14.25 million. 

Silver Back Square is located at 122 Chestnut St. The seven-story building contains 114 total units, comprised of 53 two-bedroom/one-bathroom units, two two-bedroom/1.5-bathroom units, 40 one-bedroom/one-bathroom units, one three-bedroom/1.5 bathroom unit, and 18 studio units with 183,840 s/f of gross living area. The property is situated upon a 0.59-acre parcel and offers parking with 102 spaces available via a land lease for a multi-story parking garage next to the property. 

The property is centrally located in downtown, offering exceptional visibility and accessibility within the city’s active urban core. The property benefits from proximity to major employers, government offices, and cultural destinations, including the MGM Springfield resort, MassMutual Center, and Springfield Museums. Its prime downtown location provides convenient access to public transit, I-91 and 291, and an array of nearby dining, retail, and service amenities, making it an ideal setting for both residents and businesses seeking a vibrant, well-connected environment.