United Multi Family brokered the sale of a 5 unit apartment building at 209 West Springfield St., for $962,500.
Handled by Richard Cawley and Jason Braun of the New England office, the brick residences were built in 1899 and sold by Victor and Norvene Browne to A&M Realty with financing provided by Peoples Bank. The CAP rate at the time of sale was 3.13% with the property having a gross annual income of $57,900.